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#BTC Dark tides are surging, big pump, or big dump will be coming in the next ten days. Long Wick Candles, both up and down, should be very frequent.
Yesterday, Israel carried out an airstrike against Iran. The conflict was normal, considered a typical response and retaliation. It only lasted for one day, and both sides quickly calmed down. Moreover, Israel informed Iran in advance of the targets to be struck, giving Iran enough time to prepare. Currently, it seems that Israel is not targeting Iran, but rather targeting our retail investor's Wallet.
BTC hasn't fallen much, but altcoins have plummeted. Over 460 million US dollars liquidated, 230,000 people wiped out. The Middle East conflict has always been funded by our crypto world. Judging from this operation, this kind of thing will happen frequently in the future. If we send troops abroad for war, we will easily be surrounded and suffer heavy losses. It's better for everyone to launch missiles and engage in verbal sparring. Market makers manipulate and benefit from regional conflicts, and sometimes they will even provoke them. Black swans are sometimes created.
From the daily candlestick level, yesterday's rebound was indeed weak. The small bullish line did not even reach half of the bearish line from the day before yesterday, indicating that the longer force is weak and there is no large capital inflow, just a normal defensive posture. Currently, it has re-entered the oscillation range of 66549-67620. The direction will be determined tomorrow, with the solid candlestick indicating a valid breakthrough or a valid decline, which will prove whether the dealer chooses to attack or the price drops.
On the four-hour timeframe, the price has not stood above the Bollinger Bands and the life line, and the longer force is very weak. But the volume is shrinking, indicating a pump with shrinking pullback, suggesting that today should be a volatile market.
Just a reminder, 10 days before the final battle of the US election, it is still unpredictable, and all kinds of news and events may occur. It is strongly recommended to strictly implement stop loss for all operations. However, from the current perspective, the shorting force is slightly stronger. So if you go long, be sure to use stop loss. At this price level, it is not wise to go long or short BTC.
From the perspective of emotional indicators, it is still in an extremely risky area. BTC is falling, not falling and rebounding, which is a very dangerous signal. One point to note, if altcoins have a Rebound, be sure to reduce position at a high point, or stop loss at the current price. The hardest time is now, because if you take action, you face great risks. Sometimes, lying flat is also a way to save your life and lock in profits. $BTC