Are we all increasing our Bitcoin holdings? ❓
I must say that the momentum from Ater is indeed very strong, and with the dual benefits of interest rate cut expectations, Bitcoin has surged to 77,000. The continued rise has made short sellers timid, increasing the amount of liquidation data!
To put it simply, the current bullish sentiment is relatively high, with the greed index gradually rising. There are too many profits for long positions, while short sellers are struggling. The overly high driving sentiment is not necessarily a good thing, just like a bottleneck; a strong breakthrough in one phase requires a period of dormancy. This is also a rule, and the influence of macroeconomic data is very significant. We should look forward to a better development trend for Bitcoin!
At present, there is no pressure to speak of, and solely relying on technical operations is not a feasible plan. The trading volume in the order book is increasing, and among it, there are some ideas of market manipulation. It is possible for a data point to show a structural trend even before it is released. The increase in coin price also accelerates the volatility, with random fluctuations of over a thousand points, leading to quick profits and quick losses. Moreover, there currently doesn't seem to be a good trend development for altcoins. Bitcoin's bottleneck position should also be coming to an end! Over the weekend, treat 75,600-75,800 as a long position, targeting to follow up with shorting in the 76,800 area, just pull as needed! #DOGE看涨情绪飙升 #大盘的下一步? #BTC创历史新高 #美联储利率决议来袭 #美国加密概念股飙升