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The opening of the week started with a rise, which gave us a clear signal. The high point is constantly being refreshed. This morning, the price of BTC has surpassed $89,000. This bull market has far exceeded our understanding of this market!
Technically, the support level has been continuously rising, and the daily candlestick has formed a strong unilateral trend. The Bull Market is still valid, with a large number of buyers pushing the coin price higher. Currently, long positions have entered a stage without upward pressure. This rise is similar to the trend after the ETF approval at the beginning of the year. At least, it will rise to the middle of the month, especially after the continuous fermentation of the double overlay of the general election and Favourable Information of interest rate cuts. The most important reasons for the rise of BTC are continuous capital inflows from ETF and institutions, the election of Art as a market savior, and the second interest rate cut by the Federal Reserve this year, all of which are important reasons for promoting BTC.
Now there is no need to analyze the technical aspects, it is better to follow the market news. With the consecutive big pumps in the market, we need to break away from all fixed thinking and follow the footsteps of the Bull Market, dare to think, dare to do, dare to see, whether we can catch this wave depends entirely on ourselves! Next is to go long all the way, buy on dips and follow the trend, carry out Long to the end, completely abandon the idea of shorting, hesitate a little and you will miss out on the entire Bull Market. The next step is to actively and gradually become bullish at 93000/97000/100000. There is no highest, only higher. Let's go long together.
So what signal does it rely on? For example, when it starts, it directly enters the 500-1000 range of pullback, with a 500 range defense, and falls to break. When the signal to stop falling and go up continues to be long, it is a long all the way, cannot be short. Remember.~~~~
Many people are afraid of going long but not short, which is just wishful thinking. The market will not move according to someone's will. In fact, if we think calmly, since the long-term trend has not reached its peak and the resistance level has been broken, the pullback support zone in the short term is an opportunity to go long.
It is the difference in perception between these two thoughts that has buried many days on the road of shorting against the trend, while the longers have been soaring all the way. The difference between people is nothing more than this! #BTC持续攀升,本月底能否超过$100K?