Good news has been released but the market cannot go up. Has the bull market run out of luck?
Let's analyze it briefly. The reason why the market fell from the 70,000 mark this week is not only because of the hawkish signal, but more because the locked-in positions at $70,000 were released and sold one after another, which triggered the fall back in conjunction with the hawkish signal.
The market during the consolidation period is indeed quite worrying, but from the trend pattern of the entire range, the real intention of Bitcoin is not to fall, but to repeat an action - "washing".
While washing the market, looking at the recent performance, going up and down, this is completely waiting for an opportunity, first exchanging time for space, and getting out of a disordered market to prepare for the final breakthrough.
There are not many tricks. The overall idea this year is to take more after the retracement. Don't be afraid of being stopped. If you are unwilling to take some cost to try and make mistakes, how can you eat big meat?
