According to the technical aspects, $BTC should be shorted now. However, based on the current state of the overall environment, it is recommended to go long.
$BTC saw the numbers in the morning.... charcoal is ready fire hasn't started yet... system notification of the sound of leveling off okay... now at least there's plain noodles to eat.....
$BTC has been intervened by large institutions and multinational joint control that were not common before. To be honest... any technical analysis line is useless.
In the past, there was no major mechanism and intervention by multinational joint control in $BTC cryptocurrency, and it could not escape the fate of falling along with the stock market until interest rates are lowered.
$BTC was controlled by the authorities and a coalition of multiple countries, similar to the stock market, which has been falling all the way until the interest rate cut in June. In the past, there were no significant authorities or joint multinational control factors affecting cryptocurrency data.
There will not be a specific announcement about the crash; what was mentioned earlier is that after various financial announcements about the crash are made, we will wait for the market reaction period to conclude. Because the previous participants have lost everything, it is unlikely that there will be new funds entering the market in the short term, and some may have even lost their lives. A new batch of participants may enter the market.
Rofish
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I would like to ask where I can see the announcement after the collapse?
$TON basically just keeps dumping goods.... At least it has to wait until Monday when all markets collapse and announce before the next batch of new capital enters.