Quick market scan completed, and hereâs what Iâm seeing right now:
đĽ $BTC â LONG BTC
⢠Trend: Bullish recovery in progress
⢠Short-Term TP: $64K+
⢠Long-Term TP: $65.3K â $67K
Bitcoin is showing strong signs of recovery, and momentum continues to favor the upside. Most market projections are targeting higher levels from here. Unless major negative news hits the market, shorting BTC at this stage looks risky.
đĽ $XAUT (Gold) â SHORT
⢠Trend: Bearish continuation
⢠Short-Term TP: 30â50 points
⢠Long-Term TP: Below $4,000
Trying to catch the bottom on Gold right now is a dangerous game. The trend remains bearish, and fighting the trend usually ends badly. Let the market show strength before looking for longs.
⥠$RE â NO TRADE
⢠Trend: Strong bullish momentum
⢠Funding: Turned bullish again
$RE continues to push higher with strong momentum. After getting stopped out twice around 0.64 and 0.85, thereâs no reason to force another entry. Sometimes the best trade is no trade. Avoid revenge trading and wait for a cleaner setup.
Stay safe, manage risk, and let the market come to you. đ
