$BTC 7.3 Daily News

Generally, we don’t discuss news, because news is of no help to trading. Its lack of accuracy and timeliness determines that the news for ordinary retail investors will only be a sickle.

Two news yesterday;

1. Ethereum ETF postponed to the 8th

2. Powell’s hawkish speech

To put it bluntly, the shorts are still not finished. When they deceived the bulls to get on the train, they didn’t say so.

There is also Mentougou, and the government selling coins. These things are just stories to listen to. It’s like playing Werewolf. Who do you expect to tell the truth at the table?

Don’t listen to what he says, look at what he does. The fact is that the daily line has a shrinking volume and has not even a decent green column, let alone accelerated decline to complete the shrinking volume. The next action is to pull up the market, and then accelerate the decline. Only after the decline will there be a real opportunity to see more. ps; I especially hate the behavior of deliberately misleading retail investors through various news. It feels like playing people like monkeys. Those who are unintentional are excusable, and those who are intentional are really going to hell.