#Market Updates –

Rumors grow that a #Bitcoin spot ETF will be approved later today, increasing #BTC volatility as both long and short liquidity increases

Overnight there was a significant rebound from last month's high of $44,800

Note that his VAH $44,150 from the previous month is his current 4-hour resistance and all candlesticks are closing below it

Overnight, we saw a full recovery from the year's opening price ($42,300), but a fraudulent wick that left untapped liquidity at Monday's low of $42,000

Be careful when trading ETF news today and beware of fake announcements

No one knows how prices will react

A huge green candle may appear before a fire-selling "sell the news" event, or there may be significant volatility with rapid moves on either side before moving sideways

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