With a full ceasefire between Israel and Palestine, the crypto market has also reacted quickly, leading to a strong rebound. The price of Bitcoin peaked at 1060 before a technical pullback correction, currently quoted at 1048.
Now that the conflict has been resolved, the major trend needs to be adjusted in a timely manner; we can no longer hold medium to long positions for shorts. If we do trade, it should be short-term. Today, we first look at the strength of the pullback to take on more, while maintaining good defense and being cautious of the market possibly luring in buyers before a sell-off.
We won't lead fans to over-leverage, nor will we blindly open positions.
It's all about seeking victory steadily, with a solid approach. Those who want to profit should hop on quickly!
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