two green days, and the tape has already turned around.
yesterday - "end of the cycle." today - "the bottom is behind us, let's go." same market, same players. the only difference - two candlesticks.
calm down, what happened: over the weekend,
$BTC crashed below $60k, hitting maximum fear for the year, and then bounced back.
$ETH added even more in a day.
it fell for a number of reasons: money is flowing into AI, tensions in the Middle East, high interest rates, even the biggest holder sold a bit of Bitcoin for the first time in years. it bounced back because when everyone is scared to the core - a small trigger is enough to yank the price upwards.
what does this mean? for now, nothing. a bounce can signal a reversal or just a breather. this week, I'm not looking at the candlesticks, but at two things: whether the outflows from ETFs will stop and what the Fed will say on June 17-18.
until then, I’m not guessing. two green days don’t change my plan just as a week of red didn’t.
the market takes from those who react to every day and gives to those who have a system.
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no hysteria, no signals, no x100.
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