According to BlockBeats, on September 25, top trader Eugene Ng Ah Sio posted on social media that my view on the bull market is that I will not blindly desire more profits as prices rise. For me, the 65 to 68k area is a reasonable profit-taking area for early buyers. Many wait-and-see funds will make their final entry at 65k, which may also mean that this is the last upward momentum.
I don’t think the $70k ceiling will be breached before the election, so I won’t add to my position here. I’ve been in TP, and if it hits $68,000, the market may continue to be more aggressive, preferring to liquidate down to the 60k area and then re-enter the market.