#交易故事
Two major important news this morning
1. The US and China have reopened talks
Expected to reach a consensus on trade
2. India and Pakistan have gone to war
Logically speaking, the US-China meeting has uncertain factors
While the India-Pakistan conflict is certainly detrimental to the economy
So why did BTC suddenly surge?
Personally, I feel that these news do not really affect the rise and fall
The increase is simply because there are too many short positions
Rising up to liquidate the shorts
Tonight, FOMC Powell will speak erratically again
And it will drop immediately