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Bitcoin remains bullish and opened Monday very strongly. I had expected a pullback to 79.3, but it never came, and it stopped at 80.
Let's see whether it can break above my forecast level of 84.2 on Monday or Tuesday. I haven't exited for now and am looking for support levels. If my judgment is wrong, I'll look for support after it plunges.
Trump has been showing off, announcing sovereignty over Greenland, but it actually means little. He is really preparing for the midterm elections. I still firmly believe he can win the midterm elections, and Bitcoin will see a major surge this November. If the momentum is strong, it may directly break through the previous high of 126!
This is also the most critical moment for altcoins. If Bitcoin breaks above 126, altcoins generally will not even reach their previous highs, and they will basically be doomed again. With Bitcoin fluctuating widely, the scene of Bitcoin having a one-asset bull market in 2025 while altcoins plunge sharply will reappear.
By then, blood will flow like a river and misery will be everywhere!
As for Ethereum, if it cannot reach 5,000, be mentally prepared for Bitcoin to keep setting new highs while altcoins make new lows.
Protect your principal and respect the market. Most of my spot holdings are Bitcoin. Although its gains are not as high as those of altcoins, it has a large market size and greater certainty—it is steady! The main thing is that I don't have to worry about a collapse. Altcoins could collapse to zero at any time, wiping out years of accumulated wealth instantly. That would really hurt!!!
$BTC