Where will the market go next week, up or down? Let me share my humble opinion.

Currently, the support around 77,200 is really solid, multiple dips have been quickly pulled back; the resistance near 79,300 is also strong, with several attempts to push higher being suppressed. Right now, it’s a typical range-bound oscillation, waiting for a direction to be chosen.

When will the direction emerge?
Most likely within these two days, either tonight or tomorrow, and it won’t be delayed too long.

I personally lean towards an upward move.

The reason is actually very simple: the main purpose of the big players pushing the market isn’t to lift retail traders’ positions for a quick dump, but to first “cleanse” the market sentiment. Now you’ll notice an interesting phenomenon: the more the price is pushed up, the more people are doing short positions.

So the question is, if every time it rises, many follow to short, how can the big players unload? Clearly, this structure isn’t conducive to distribution.

Therefore, a more reasonable scenario is to continue pushing upward, gradually knocking out the shorts, even causing some traders to switch to long positions. When the market sentiment truly turns bullish across the board, then consider a pullback.

Of course, a decline is inevitable, there’s no doubt about that.
But at this stage, it’s likely not the right time for a real drop yet.

So in terms of trading, it’s simple: until that “drop point” arrives, don’t rush to guess the top. Follow the trend, go with the rhythm, and wait for signals before shifting your strategy. #美国寻求战略比特币储备 #DeFi4月安全事件损失超6亿美元