Market pullbacks are due to multiple reasons, and the short squeeze trend has been established for several days now. $BTC has continuously been on the rise, and on an hourly basis, it has basically been above the fast line. We have also identified the macro reasons in our previous articles.
Short squeeze trends are very fearful of the Federal Reserve 😂. The amount of chips is relative; those with more chips have a greater impact on the market. They will trigger your stop loss, and your stop loss is also your trading signal; they will make you fearful, and make you feel that this is your own viewpoint.
There are still many significant events in the future, so be cautious about getting off the train.
