Folks, pay attention to the risks this week!
There is a strong possibility of a deep pullback this week. The daily chart looks quite dangerous; the rise from 74,000 to 95,000 has not experienced significant pullbacks in between, which makes this rise very suspicious. Although there are still expectations for the Federal Reserve to cut interest rates, it has not fully materialized yet, and there has not been any real positive news. Now the big players are pushing Bitcoin up this high, clearly intending to trap more people at these high levels before crashing it down.
There will definitely be a sharp drop before every major market move; this is a rule that won't change. The big players won’t kindly pull you from over 90,000 to 110,000 or 120,000, so everyone should not rush to enter the market; it’s not yet the time for an all-in strategy. #美股财报周来袭 #特朗普暂停新关税