$BTC 【Bitcoin has another chance for a second top-testing move on this short-term run】
Bitcoin’s spot price is 85,200+. This sharp surge last night directly reached 87,000+. I’ve repeatedly reminded in my notifications that after the rate hike, a perfect bottom buy was around 76,000, and I predicted it would reach 87,000–90,000. And near 87,000, I exited part of my position and then waited for a pullback to re-enter.
So from the current situation: after a pullback of a little over 2,000 points, I think there’s still a chance for a second push. With such a strong rally, it’s generally the case that the market will either form a top only after reconfirmation—when it does the second test.
Therefore, in terms of execution: for short-term trading, you can consider taking another long around 84,000–85,000, and still exit in stages around 87,000–90,000.
$ETH $PEPE
Bitcoin’s spot price is 85,200+. This sharp surge last night directly reached 87,000+. I’ve repeatedly reminded in my notifications that after the rate hike, a perfect bottom buy was around 76,000, and I predicted it would reach 87,000–90,000. And near 87,000, I exited part of my position and then waited for a pullback to re-enter.
So from the current situation: after a pullback of a little over 2,000 points, I think there’s still a chance for a second push. With such a strong rally, it’s generally the case that the market will either form a top only after reconfirmation—when it does the second test.
Therefore, in terms of execution: for short-term trading, you can consider taking another long around 84,000–85,000, and still exit in stages around 87,000–90,000.
$ETH $PEPE
