Bitcoin has returned to 81k again, and that sudden surge in the early morning was quite unexpected.

I checked the market before bed, still hovering around 79,000, and woke up to find it directly broke 81,000. A friend who was shorting was liquidated for over 81k USD, and several people in the group were cursing.

Here are a few data points I just saw:

Canadian LQWD bought 5 more coins, now holding 267, ranking 82nd among listed companies. This size isn’t very large, but interestingly, they’ve been steadily increasing their holdings, not going all-in at once.

Even more worth noting is STRC. This company has gone from 4,467 bitcoins in January to nearly 47k in April, almost ten times more. Strategy (formerly MicroStrategy) mainly bought Bitcoin because of this. In other words, the big players haven’t stopped; they’ve just changed their disguises.

The price returning to 81,000 isn’t particularly impressive, but it has eased some of the panic about whether it might drop to 70k.

There’s no particular advice on trading; I haven’t changed my position myself.

Just a reminder: chasing longs at this level isn’t necessarily wrong, but stop-losses must be well-placed. The kind of wipeout in the early morning, clearing out shorts, might just be the beginning—next time, it could wipe out longs.

Also, for those planning to hold coins long-term, the question now isn’t “Will it fall again,” but “If it drops, do I dare to add more?” Thinking this through is much more meaningful than guessing whether 81,000 is the top or bottom.