#加密市场反弹

Rebound or reversal?

Let's start with the conclusion: it’s a rebound!

Good afternoon everyone, today we’ll discuss Bitcoin. The news about postponing tariffs for 90 days has shaken the market twice, and of course, the simultaneous downturn of US bonds, stocks, and currency has contributed. The back-and-forth of news has led to a risk-averse market, causing gold to rise. As I mentioned in my analysis a couple of days ago, the low-probability event of 84000 happened, and over the weekend, during the Asian session, the short positions were forcefully driven up to 86000, which was expected. It’s best not to engage in speculation over the weekend.