Yesterday, a heartbreaking event occurred, Zhuhai, which should have already been trending. In the crypto world, to be honest, we face uncertainty every day, with the K-line fluctuating every second. Winning and losing are actually normal. Just a reminder to everyone, when trading contracts, please do not gamble with your life.

If over the past couple of days, you experienced a beating or liquidation, then allow yourself to take a moment to be quiet. Life isn't that bad, at least we still have electric bikes.

From the daily chart of BTC, a tentative drop was made and quickly recovered. From the upward and downward patterns, it seems like the big players are creating a formation that cannot drop. I don't know if institutions are bottom-fishing or if retail investors are following in.

I have a small mindset, and I do not recommend going long at this position right now. But if you must enter, please set a stop loss. The short-term support below is around 85000. In fact, from the MACD perspective, it is already in the high overbought zone. I actually think that at such a high position, retail investors won't enter the market. The current formation does not seem to attract large institutions or national teams. At this time, altcoins can actually be reduced on the highs. Really, do not be greedy to the point of wanting to eat the last bite of meat.

Historically, every time the total market value of the crypto world breaks 3 trillion, there will be a major correction afterward. This time BTC's rapid surge has completed what was to be done in the coming months. I thought it would only reach 85k in March, but it got there in a week. It really slapped me in the face. But it makes me wonder, has this bull market peaked? Such a high price is not beneficial for big players to operate, nor is it advantageous for institutional gaming. Everyone is cautious and afraid of being trapped at the peak.

From the four-hour perspective, the MACD has a death cross downward, BTC is consolidating at a high level. Actually, I'm not a bear, but at this position, you can make a small short at market price. Set a stop loss near the previous high of 89940. The upper side has attempted to break through multiple times but has come down. In any case, at this position, most bulls do not dare, and bears do not dare either. How to act, you should grasp it yourself.

In this market, without experiencing big ups and downs, hesitation and beatings, one cannot grow. Learning may not be useful, but not learning will certainly lead to a burial without a grave. Greed is always the great enemy of us traders, so everyone should be cautious. $BTC #加密货币总市值破3万亿美元