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Brothers, BTC is trading above 74,000+, and you don’t need me to say much about how strong this move is. The prediction market is already directly giving a 90% probability of pushing toward 75k. The bears have basically already thrown in the towel, and market sentiment is completely on the bulls’ side,
With external conditions easing, Bitcoin is even showing an independent trend—stronger than most risk assets. This run first toward the 76,000 prior high is basically a done deal.
Don’t let the short-term strength go to your head. After this, there will most likely be a “bull trap” shakeout with a rally followed by a pullback, but none of that really matters—what matters is that this round of consolidation has been grinding for more than two months. The downside room for further drops is basically locked. We are now only getting closer and closer to the starting point of the next bull market.
Trading suggestion: Buy directly at the current price of 74,535, with a target around 75,000–76,000. The defense (stop-loss) should be determined by your own position.
$BTC $ETH