$BTC has been repeatedly pulling below 6.5w in recent days. It tried to break through several times, but then it would return to its original shape.
This trend has gradually turned many shorts into longs, because as long as it breaks through 6.5w, the profits above are very tempting.
But I am still bearish. In this big trend of both long and short explosions, the expectation of interest rate cut has been pulled from 5.3w to 6.4w. In my opinion, the good news has been almost digested. Unless there are new good news in succession, there is no potential for continued rise.
Personal opinion:
The sickle has been raised, and the long position is hanging on the top of the mountain.
Open positions in batches, and short to 55,000.
