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Due to some mild positive signals released by Old Trump’s speech, Bitcoin soared yesterday, directly breaking through two major resistance levels, reaching today’s high around 95000. Today's market has once again surpassed yesterday's K-line high as we expected. The position at 95000 is no longer suitable for chasing longs, and I believe there will at least be a 4H level pullback here.
If we are trading the spot currency that we bought near 75000 for short-term fluctuations, we can appropriately reduce our positions. If the spot is for friends who plan to hold for a weekly level trade, then hold on firmly. Only by holding the coins can we obtain significant profit margins.
I believe that the upward trend on the weekly chart has just begun, and this is only the start; there will be significant movements ahead. During the upward movement on the weekly chart, there will also be pullbacks on the daily chart, as market trends gradually emerge from structure, not happening all at once. Therefore, do not chase after prices or panic sell; we should operate against human nature.
We bravely bottomed out contracts and spot trading around 75,000 when others were not optimistic. The spot gains we have today are what we deserve. Congratulations to all the friends who laid out their spot positions this time and made a big profit!!!
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