🌐 Today’s Market Pulse – Quick Recap + My Trade Setup
Market Snapshot:
• Bitcoin dipped ~1.6% overnight, currently trading around $107,700–$109,800, retreating from its recent highs near $110k–$112k after weaker inflation data binance.comcoindesk.com+2barrons.com+2mudrex.com+2
• Ethereum & Solana likewise saw modest pullbacks of around 1–4%.
• Overall market appears to be in a consolidation phase, with low volatility and strong institutional inflows continuing barrons.commudrex.com
🔍 My Trade Setup:
Entered a long on $BTC to capitalise on the consolidation bounce:
📌 Entry: $108,200
🎯 Target: $110,500
🛡️ Stop Loss: $107,200
Thesis: With today’s dip testing average support, RSI near neutral, and MACD flattening (no bearish crossover yet), this looks like a low-risk bounce setup. Strong institutional ETF inflows reinforce the bullish bias mudrex.com
Using 2x isolated margin to manage risk — moderate leverage, tight control.
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👇 What’s your view on today’s pullback? Planning longs, shorts, or waiting it out? Share your strategy!
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