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A wave of news just led to BTC breaking a new high. The current tariff level has decreased by more than 100%, which is an extremely favourable situation for the current market. However, even so, the entire market is still not particularly easy to navigate.
I thought that it was already bold enough to imagine BTC breaking 100,000 before. Now it's almost up to 106,000. Just a little bit more and it will reach the next milestone. Even though there is currently some favourable information, I'm still hesitant to chase the rise. This month, there haven't really been any opportunities for a pullback to look upwards. After all, there were many people stuck in the tree back in January! Right now, it's just a game for the brave.
It's not really advisable to place random bets too early if the layout is convenient! The current market is too unstable; a rebound of over thirty thousand points in just a month is indeed unexpected. Currently, the pressure feels as fragile as paper; the position is getting higher every day! If you want to touch the peak, make sure to set a stop-loss! In terms of direction, I'm still optimistic about a pullback, given this upward trend. Right now, I really don't dare to continue chasing.
BTC trading advice: Southward near 105400