After the bulls finish their run, there is a very high chance that next week or by the end of this month will bring a big pullback. Today’s wave of bulls pushing higher was extremely fierce, with a very aggressive move that forced a short squeeze—shaking out many short positions entirely.

But everyone must stay clear-headed: the more ferocious this rally is, the greater the risk of a subsequent pullback.

If today’s bullish trend can completely hold and continue to surge with expanding volume, then the short-term uptrend is basically the final celebration. How aggressively it’s rising now, the harder the pullback later will be.

Once this wave of bullish sentiment is completely exhausted and all the follow-the-crowd buy orders have already entered the market, next week will very likely see a large-scale crash and pullback.

Right now, the hidden danger of heavy pressure at high levels on the chart has been there all along. This surge higher is driven more by short-term sentiment, not by a complete trend reversal turning into an all-out bull market. The higher it goes, the larger the downside room for falling above is.

In the short term, you can ride along with the bulls to take some profit, but absolutely do not blindly chase after highs at elevated levels, or load up and hold heavy long positions dead set.
Once the market shows signals of a peak followed by a slowdown at the highs and then turning downward, it’s a warning sign that a major-level pullback is about to begin.
For next week overall: prepare to set up short positions at high levels, and wait for the big drop that follows after this wave of bullish sentiment cools off.

Everything that reaches its peak will inevitably decline; after a blowout surge, there must be a blowout drop. When the price is rising crazily, you must set aside your contingency plans in advance, do risk control, and don’t wait until the pullback arrives and only then realize you’ve been trapped at the mountaintop.#山寨币强势反弹 $BTC $ETH