The three major U.S. stock indices closed higher collectively, and Powell joined the dovish camp, with institutions seizing the opportunity to buy wildly. Bitcoin surged dramatically, especially with its price hitting a historical high.
In just a few hours, Bitcoin surged by around 680 points, undoubtedly taking away all the short positions in one wave. The market makers acted swiftly and aggressively, leaving retail investors caught off guard, panicking and trapped in their positions, stunned by the momentum of the market...
To be honest, I have seen Bitcoin plummet, but such a rise is truly rare. After the U.S. stock market closed on Friday, it was a “sheep slaughter,” with the market filled with wails...
For those trapped in short positions in the 4300-4600 range, don’t cry; seize the opportunity to cut your losses. Next week, favorable conditions will continue to ferment, and a further surge is expected. Don't miss the opportunity...$BTC