It’s really hard to predict how far this market rally will go.


The clear resistance levels are at 81,600 / 83,600 / 84,500.

Right now, BTC dominance has reached 60%, which also means that BTC’s rise has basically drained the market’s liquidity. The liquidity of the thousands upon thousands of other coins makes up less than 40%.

This only indicates that, under an unstable macroeconomic environment, funds are starting to chase Bitcoin’s safe-haven/hedging appeal again. Only when money flows from Bitcoin to ETH/SOL will it be the true top.

You don’t necessarily need to go after the absolute highest point—you just need to short in the top-range, and you’ll already beat 90% of people. There’s no reason not to short BTC above 83k.

Recently, keep positions small or stay out of the market. Don’t force yourself to trade a situation you don’t understand.

#美国寻求战略比特币储备 #DeFi4月安全事件损失超6亿美元 #比特币现货交易量新低 $BTC
BTC1.48%
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