If BTC arrives at 100,000 without any unexpected events, what should we pay attention to?
1. At the 100,000 position, the spot sell orders on Binance are 99K/300 units, 99.5K/400 units, and 100K/1500 units, etc. If you have orders on hand, it is reasonable to sell a portion in advance to secure profits around this area.
2. The funding rate on Binance is only 0.01%, but other exchanges have reached around 0.03%. While this rate is not high during a bull market, it is expected that many retail investors will FOMO in once it hits 100,000 (since they missed the earlier opportunities). At this point, it is important to pay attention to the funding rate.
3. Similar to the second point, if FOMO drives the market to chase long positions, there is usually a long wick during a bull market, which could lead to a 10%-20% retracement. If there is a chance to retrace to 85,000, this would definitely be a good opportunity to add to your position or enter the market.