This morning's pump of BTC is not like the recent trading style of the Order Book, but more like the upward trend of safe-haven assets such as futures gold. The characteristic is that it tends to be closer to the local opening trading time in terms of time, and the upward trend is more concentrated, but it is not a sudden surge. Personally, I tend to think that it is because Trump was stabbed and it is basically confirmed that he will take office. Some non-U.S. funds consider Trump's America First policy and choose to buy some safe-haven products at the opening on Monday. (Today's trend analysis)

Therefore, the pump from 60000 to 62500 tends to be a non-speculative pump. My understanding is that this accelerated pump is more inclined towards sideways and fallback afterwards, leading to a weaker overall market capability and a lack of genuine market sentiment warming. Therefore, even if the institutions continue to push up due to concerns, AltCoin and even ETH may not necessarily follow the pump completely.

In addition, considering the recent general direction of interest rate cuts and the future Trump administration policies, I think it is more suitable to trade BTC or ETH in the near future.

In general, from the perspective of the current market sentiment, the subsequent decline is more inclined to be an opportunity. In addition, considering the possibility of a strong upward trend on the disk, it is also recommended to hold patiently and increase the position on the decline.