4.23 Market News: The Big Bullish Candle Ignites the Market!
Good morning, brothers! A big bullish candle has set the stage ablaze, and faith has instantly reversed!
But why can't everyone in the group get hyped up?
Market Reminder:
- Layout is king, don't cut losses at the bottom! Some brothers prefer to operate in the opposite direction.
- Now that it's surging, empty-handed brothers are advised to wait for a pullback of a few points before entering to avoid getting caught chasing highs.
- Unless you understand the trend and can hold long-term, don't rush into all your funds!
The three major driving forces behind this surge:
1️⃣ Whales are buying: The exchange's BTC supply is in short supply, with 15,000 BTC flowing out last week, and on Monday and Tuesday, the ETF raised $1 billion to buy the dip.
2️⃣ Macro positives: Trump stated he would not replace Powell, market panic has subsided, and BTC has surged alongside U.S. stocks.
3️⃣ Geopolitical easing: Heavy news from Russia and Ukraine, Putin may agree to a ceasefire with Trump, Crimea becomes a bargaining chip. The war is cooling down, which is beneficial for BTC and other risk assets.
Operation Suggestions:
- Stay patient, don't let emotions take you away!
- A new trend is brewing, and pullbacks are a good opportunity to enter.
- Investing involves risks, operate rationally, and invest spare money!
🚀 Hold steady, we can win!