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Risk-off sentiment is escalating again. Gold, as the top safe-haven asset, is leading the decline. Bitcoin, in this round, is outperforming gold. If it can withstand this round of war-related volatility, what follows is worth anticipating.
Can Bitcoin pull back from 126k to 60k?
Can Ethereum pull back from 4900 to 1800?
Can gold pull back from 5600 to 2500?
Financial market fluctuations are unpredictable.
As retail traders, we can only mitigate risk.
Let the institutions eat the meat while we sip the broth.
This gold short position got away from me—flew away, flew away, flew away.