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Genius trader Eugene (Pigeon) has spoken on his channel, having already liquidated around 940, both futures and spot. Consider entering only if it reaches 980-1000.
Last night, I had already reduced my position when Bitcoin broke through 945. After researching this Venezuelan event, I found that Trump did something quite foolish.
He bypassed the Capitol command and led troops, something Roosevelt, a strong leader, never did during WWII. Trump dared to do it, even with other excuses! At the same time, he kidnapped and did not change the status quo—wasn't that pointless? Meanwhile, rumors started flying that Maduro could be kidnapped, which could lead to actions against Putin and others. I just think these remarks are mind-boggling.
This rebound, seemingly driven by narrative or events, I remain cautious. Based on the principle of protecting capital, I will also withdraw.
If it rises further, even if I miss out, at least I won't lose money. Regarding the altcoins, I looked into them, and many rebounded 10-30%, which roughly aligns with the overall trend—getting lower and weaker in rebounds.
I estimated the possible limit to be around 960-980. I remain cautious about the extreme, as extreme trading carries high risk.