Last night, a direct appointment by Trump forced Bitcoin, which was already expected to fall, to break through the 100,000 mark 📉📉 However, as I have mentioned, price surges driven by news are often unsustainable.
After a significant rise due to news, a violent drop is inevitable; this is basic trading knowledge. When Bitcoin broke 100,000 yesterday, many asked me to provide long positions, but I said I wouldn’t give long positions tonight. We must wait until Bitcoin stabilizes at 10 before considering any long positions tonight. Now you understand my deeper meaning, right?
The more the market experiences FOMO, the more we should be cautious ☝️
$BTC
{future}(BTCUSDT)
$ETH