BTC has encountered a resistance level near 104500, and I estimate it will need to move sideways to digest a bit. Personally, I think there is a chance to push up to 106500 later, and I plan to close all positions at that level—feeling that the ceiling of this rebound is about there.

At that time, I will also sell the FET and LPT that I have been holding for the past few days. To be honest, I judge that this wave is just a technical rebound and has not reached the level of a trend reversal. Looking at the economic data and policy trends from the United States, it’s possible that we might see a deep correction similar to what happened in April, which could truly squeeze the bubbles out of the market.