Many people believe that a big pump requires short positions from the opposing side to take over, but the reality is not like that at all. There are hardly any opposing positions above now; the wave of pump from yesterday afternoon to late at night was purely market maker funds entering the market. Crypto Veterans should be able to recognize such movements, otherwise, it’s easy to misjudge the market.

This is the first time seeing such a large-scale market maker capital entering the market after the black swan event. During the range of 83700 to 86400, the market maker had actually laid out their plans in advance—while I was catching up on sleep from 3 AM to 10 AM, I woke up at 2:30 PM to check the market and immediately felt something was off, so I quickly suggested everyone to get in near 86500.

Let's review the rhythm: On November 21, called the bottom at 81000, and the target set was 98000. I remember making two predictions around the 80K area. On Monday morning, I indicated short positions at the 91800 level, and when I woke up on Monday to see the sharp drop, it was within the expected range. The only slight deviation was that the bottom at 83700 was a bit higher than expected, but fortunately, I didn't miss the main upward wave and timely captured the market maker's movements, adding to my position at 86500. Last night, I reminded again around 87000, and I also suggested entering ETH at the 2835 level.

What to look for next?

The first target for BTC is 98000, the second target is 108000.
ETH's first target is 3350, and the second target is 3780.
I haven't looked into SOL in detail, just follow the big cake.