BTC is still in the consolidation phase, fluctuating within the range of 1060-1100. It hasn't broken out of the short-term consolidation yet and needs a bit more time.
Logically speaking, with the Trump Group's establishment of a 2.5 billion USD Bitcoin reserve yesterday, such a significant positive development should have pushed the price up by 3000-5000 points, breaking or at least approaching the previous high.
Moreover, the recent Bitcoin conference has been ongoing, which is also positive news, but the price hasn't reflected this; the lack of movement seems a bit abnormal. It's better for everyone to remain cautious in the near term to avoid hitting a steel plate.
Operate within the range of 1060-110000, short when it goes down and long when it goes up. Isn't it appealing to catch a few waves of both long and short? Don't blindly chase after highs and panic sell; there are market opportunities every day.
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