A few days ago, Bitcoin was still lying low, but good news came pouring in:
1. Two states in the US are going to treat Bitcoin as a treasury asset.
2. The SEC suddenly said it would support the crypto industry (comparable to the sun rising in the west).
3. Coinbase announced it will launch futures.
4. Futu also joins the fray, supporting USDT deposits.
And what happened? The market is as cold as before hibernation, with on-chain activity almost at a standstill.
Then—suddenly a news of "China and the US are going to negotiate" pops up, and the whole internet changes its tune in an instant:
"It’s over, the peak has been reached!"
"Short it! Run!"
"104K is the ceiling!"
All I can say is: a true emotional rollercoaster, a group of master operators, all without a safety belt!
