What happened with $BTC last night and today?
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The Hong Kong ETF, which was approved, started trading last night and boosted the price to $64,000. However, the trading volume was lower than expected, so it couldn't break the $64,000 resistance and dropped back to $62,000. A few hours ago, the Hong Kong ETF trading ended, but with low volume, people didn't see the expected results, and the price is now around $61,600. If it doesn't climb back above $62,000 during the day, we might see it drop to about $60,000. I anticipate a positive reaction at $60,000 because the lower point of the bollinger band aligns there on the daily chart, and it's an old support level. I predicted a decline in Q2 with the start of May, and that's still my expectation. However, instead of worrying, you can profit by trading smartly. Q2 might have lower activity, but sticking to your strategy patiently can lead to good accumulation. I'm also expecting increased activity and a significant upward movement, especially with $ETH in the fall. Currently, I'm in an $ETH long position to benefit from today's drop, but I plan to close it soon and open a short position again. Feel free to share your thoughts and expectations with me below. Best of luck to everyone!