$BTC
Everyone may be confused about what rate cuts and no rate cuts mean.
Here, let me explain.
When Bitcoin was surging past 70,000, the first piece of information was about rate cuts, which brought huge energy for that surge. Later, it experienced various positive news before reaching the new high around 11.2.
However, after experiencing several instances of no rate cuts, the news is now negative. Additionally, Bitcoin has been fluctuating at a high level, so it's better to short. Do you all understand?
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