The Jewish big brother BTC is indeed impressive. This market reminds me of the market in February-March, when the general sentiment was that it wouldn't break 6 but would break 7, with a large number of shorts between 58,000 and over 60,000. As a result, the market kept rising, squeezing the shorts, and when it broke 7, it reached 73,000. Gradually, people started believing that the bull market was here, and many bulls entered the market, successfully taking over, while the capital exited successfully.
This time is pretty much the same. Just last night, the market saw over 600 million USD in liquidations, showing that there are plenty of people shorting at 80,000. As it rises to 89,500, the shorts are gradually being exhausted. As long as the market's enthusiasm for chasing longs increases, a sell-off is inevitable. I'm just worried that those surviving shorts at 89,500 will continue to short, and some bulls will turn into bears, which could cause trouble again. Without a large number of bulls stepping in, the market can't go down. Currently, many people are eager to short at 90,000, but the market is stuck at 89,500 without breaking 90.
Everyone should chase longs, don't hesitate. You all are the fuel that gives the market the downward momentum. Right now, these Jewish capitalists are wealthy and powerful, taking advantage of Trump's victory to manipulate BTC into whatever shape they want. With such a high-low price difference, it will be difficult to play in both spot and futures in the future.
If you think about it, capital is indeed powerful; it controls everything. Many spot traders likely exited at 78-80, and those in the spot market probably couldn't capture as much by following trends. There are quite a few turning bearish at 80,000, and those who retreated at 78-80 are hesitant to enter the market now. Currently, 89,500 is somewhat similar to the high point of 73,880 in March. However, unlike 73,880, which was a small bull peak, 89,500 is likely a midpoint in this bull's pullback, with another wave to follow.