Today is June 5th, BTC price is 104685 Yesterday someone asked, "Liang, how do you know that the price won't increase until it reaches 107000? So take a look at the video, the current trend is that the 5-day line is starting to level out, the 10 day line is down, and the 20 day line is still above, with several lines moving haphazardly. All upward trends are in an orderly arrangement of moving averages, with the 5-day moving average at the top followed by 10206. Let's wait for the moving averages to start effectively arranging, as a change of direction is coming soon. On a macro level, the United States has frequent policies towards BTC. Today, out of 10 international news articles, 7 are all about Bitcoin, and even the tariff war is only sporadic. So in the medium to long term, there is no doubt that BTC is bullish, and in the short term, it is only a adjustment to clear the long positions in the contract. Even CZ has said that they want to establish a contract dark pool, otherwise the targeted explosion of 1.8 billion yuan last week will not be conducive to the development of the industry. Waiting for a change in price, it's not a few days left, and we can buy at the bottom of the spot market.