$BTC Is the positive reaction excessive? Beware of uncertainties in Trump's policies!
In the early hours, the interest rate decision remained unchanged, and after a brief pullback, Bitcoin surged strongly due to Trump's remarks about a 'significant positive'. It directly shot up to the key resistance level of 99,500.
But to be honest, the market's reaction to this wave of good news is too extreme. Negotiations are one thing, but when has the capital group represented by Trump ever calmed down? It could easily lead to some unexpected twists.
Even if this wave really breaks through 99,500, there’s only a little room in the range of 100,000 to 105,000 above. After rising from 75,000, chasing high at this point offers very low cost-effectiveness.
Currently, the daily line still shows a bullish trend, and if you want to go short, you must wait for a clear bearish signal on the hourly chart. Frequently testing the top on the left side can easily lead to repeated losses.
I am Sister Xin, click on my avatar to follow me. Want to know how to buy at the bottom and sell at the top? I will share for free to help you set sail!
