Bitcoin total market cap reached $1.63 trillion, just overtaking Tesla’s $1.44 trillion!
This market is the classic “one general succeeds while ten thousand bones are broken.”
The logic of the crypto market is completely different from traditional businesses. Last night’s surge was driven by massive liquidations of short positions, forcing prices higher.
This track is extremely brutal—behind the numbers flashing on the screen are real funds being directly liquidated out of the game.
That’s why I’ve been reminding everyone to stay cautious and do a good job of risk management.
Don’t blindly go long just because the market suddenly spikes up, and don’t panic and go short just because it suddenly dumps.
Crypto trading, by its very nature, is an anti-human game.
The previous historical peak was around $82,000.
As things stand, I haven’t seen strong enough positive catalysts to break through that level.
When everyone in the market is collectively bullish, these same buyers turn around and become the sell-side dumpers.
The market loves to deceive the majority of people.
Do you think it will set a new high next, or will a pullback come right away?
Leave your thoughts in the comments. Follow me to understand the global capital flow logic.#比特币 #特斯拉