Success and failure are both driven by news factors.
A sharp decline during the outbreak of war and a rise after the death of Khamenei are all fundamentally driven by news. In terms of results, all are false moves.
Currently, the market is mainly undergoing a shakeout, Only when it breaks above 68,000 or falls below 63,000 can we confirm a true breakout from the range. The subsequent trend is likely to continue oscillating within the range, Pushing volatility to the extreme before choosing a direction. So friends, no matter how strong the movement within the range, do not chase. BTC: Short at 68,000, go long at 63,000, don’t overthink it.
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Success and failure are both driven by news factors.
A sharp decline during the outbreak of war and a rise after the death of Khamenei are all fundamentally driven by news.
In terms of results, all are false moves.
Currently, the market is mainly undergoing a shakeout,
Only when it breaks above 68,000 or falls below 63,000 can we confirm a true breakout from the range.
The subsequent trend is likely to continue oscillating within the range,
Pushing volatility to the extreme before choosing a direction.
So friends, no matter how strong the movement within the range, do not chase.
BTC: Short at 68,000, go long at 63,000, don’t overthink it.