Many people think that a big market move requires major short positions as counterparties to drive it up, but that's not the case at all. Just look at the order book—there are barely any counterparties above. That spike from yesterday daytime into the night was purely driven by big funds rushing in. You need to be sharp with this kind of action, or you'll miss the intention of the main players—this is the first time since the black swan event that we've seen such strong inflows.

Between 83,700 and 86,400, the main players quietly built their positions from 3 a.m. to 10 a.m. I was catching up on sleep and missed it, but when I woke up at 2:30 p.m. and checked the market, I thought, hmm? Something's up! So I quickly told friends around 86,500 to get in.

Here’s my plan going forward. Ever since the bottom at 81,000 on November 21, my target has been locked at 98,000. I also prepared for a potential double-bottom scenario around 80,000. Early Monday morning, I anticipated a pullback near 91,800, and Monday’s crash was within expectations. The only minor miscalculation was that the bottom at 83,700 was a bit higher than I thought, but at least I didn't miss the main upward move—topped up at 86,500 in time, called out again at 87,000 last night, and also gave a heads-up when ETH was at 2,835.

What's the playbook from here?

BTC: first target at 98,000—break that and we head for 108,000;
ETH: first target at 3,350, then 3,780;
SOL: haven’t looked closely for now, just follow BTC’s lead.