Before BTC shows a secondary top structure and before key support breaks down, don't hastily conclude that a retest of the bottom is underway. The main players have spent massive capital to manipulate the price upward. However, if the Nasdaq continues to weaken and funds continue to drain out, the upward pressure on the market will significantly increase. At the same time, pay attention to the volatility rhythm over Saturday and Sunday. Currently, the market is in a phase of oscillating game. When trading, avoid extreme emotional reactions. Don't start proclaiming a major bull comeback with every rally, and don't talk about a deep bear market with every pullback.
Before BTC shows a secondary top structure and before key support breaks down, don't hastily conclude that a retest of the bottom is underway. The main players have spent massive capital to manipulate the price upward. However, if the Nasdaq continues to weaken and funds continue to drain out, the upward pressure on the market will significantly increase. At the same time, pay attention to the volatility rhythm over Saturday and Sunday. Currently, the market is in a phase of oscillating game. When trading, avoid extreme emotional reactions. Don't start proclaiming a major bull comeback with every rally, and don't talk about a deep bear market with every pullback.