#BTC突破$72000
$BTC The most interesting thing today isn’t that it rose 10%, but that after it surged past 72,487, the questions in the square instantly shifted from “Will it still drop?” to “Is it still worth chasing now?”
This move isn’t groundless. Pressure from U.S. Treasury bonds has eased for the moment, and capital has also started flowing into spot ETFs. However, the long positions at the top have already exceeded 63%, and proactive sell orders are starting to push back in the short term. Next, it’s more likely to trade back and forth between 70,800 and 72,500—if 70,200 holds, pullbacks will still look relatively strong. Only after it truly consolidates above 72,500 can we talk about 74,000 and higher.
The direction is already clear.
What’s hardest now is not to let emotions open a position for you.
$BTC The most interesting thing today isn’t that it rose 10%, but that after it surged past 72,487, the questions in the square instantly shifted from “Will it still drop?” to “Is it still worth chasing now?”
This move isn’t groundless. Pressure from U.S. Treasury bonds has eased for the moment, and capital has also started flowing into spot ETFs. However, the long positions at the top have already exceeded 63%, and proactive sell orders are starting to push back in the short term. Next, it’s more likely to trade back and forth between 70,800 and 72,500—if 70,200 holds, pullbacks will still look relatively strong. Only after it truly consolidates above 72,500 can we talk about 74,000 and higher.
The direction is already clear.
What’s hardest now is not to let emotions open a position for you.