#BTCvsMarkets
#BTCvsMarkets BTCvsMarkets Today's Thought Analysis
Yesterday's market took a sharp turn, with prices dropping from 84421 to 82339. We positioned a short order at 83500, and our partners successfully captured over 1200 points, with operations being quite steady.
The tariff war escalates, the US dollar index experiences its largest decline in 20 years, and the S&P 500 plummets 10% in two days. However, Bitcoin is moving in an independent trend, maintaining a range-bound fluctuation.
Currently, Bitcoin's short-term highs and lows are contracting, the fluctuation range is narrowing, and the trend is weakening, constrained by moving averages and struggling to break through. The 4-hour chart shows BTC converging and lacking upward momentum. It is suggested to continue the bearish approach during rebounds and engage in high short operations.