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Urgent Notice, a letter to my Air Force brothers.
Honestly, no joke, big moves are coming, this wave of rise is far from over, this time feels very similar to the last crypto bull market and last year's gold bull market, it's extremely strong, why do I say that, I’ll list a few points, you can combine your own ideas and think about it carefully, take your time. First, I want to clarify that I was also a firm bear before, believing in a bear market, but this time the rhythm is really off. Forget it, if you can't beat them, join them! This market won't turn around unless the bears are wiped out.
① Institutions are buying with real money, MicroStrategy has been continuously bottom-fishing Bitcoin since January this year, up to now, they have accumulated a total of 117,746 coins, worth $8.84B, with a current total holding of 818,334 coins, an average price of $75,537. That means they are already profitable by $6,000 per coin compared to their cost, and they are still buying more.
② From the overall trend perspective, there's no doubt it's a bear market now, but bear markets don't fall forever. The current stage is a return of a small bull market, like a dying person’s last gasp, only after experiencing a strong rebound can we truly reach the lowest point of the bear market. I mentioned early on that a healthy bottom should be between 48,000 and 55,000, which is an excellent opportunity for us to accumulate and buy spot holdings later. So, the real bottom hasn't appeared yet; what we need to do is patiently wait.
③ From the news perspective, as long as Trump is in office, he will still favor and support the crypto space during his tenure, after all, the crypto market is his cash cow. The tokens he issued earlier have been used to wipe out retail investors completely, as you know. Regarding the recent US-Iran tensions, they no longer have much impact on the market because the market has become immune. The upcoming peace talks and ceasefire are just a matter of time. Moreover, after the Federal Reserve's rate decision in April, there was no more good news turning into bad news as before; instead, after a brief correction, the market reversed and rose against the trend, which exceeded expectations.
④ From a technical structure standpoint, the monthly, weekly, and daily charts are all showing bullish candles. Large-scale bullish candles usually indicate strength. Bitcoin has halved from 126,000 to 60,000, and now a rebound from 60,000 to 90,000 is reasonable. Yes, I believe the top of this rebound might be around 92,000-94,000, because that area coincides with the weekly and daily resistance levels. This will be a good position for me to consider long-term short positions. Looking at a potential profit of ten thousand points is very attractive.
All this is to tell everyone that we really can't be stubborn this time, especially those holding large positions. This wave might be aimed at wiping out your holdings. After careful consideration, I have solutions if your position is too heavy and you don't want to cut losses. Friends who lack ideas can seek guidance; I am always here. Starting tomorrow, I will adjust my mindset to mainly look for long positions and bullish opportunities, while considering short positions based on market conditions and timing. These past few days, I took some short-term trades, but honestly, it was very difficult—markets surged right after I entered, and the decline was limited, so I didn't catch much. If you agree with my view, please like and follow, and feel free to discuss different ideas in the comments. #美国寻求战略比特币储备