At midnight, BTC made a pullback to around $9.6 thousand US dollars, which is the current resistance level (short pullback point). The nearest support returned to the level of 94,600 (weak support) - 93,550. For temporary long positions returning to the market, it is sufficient to protect 93,000. If this area is breached, a return within a range of 2000 points above the $9 thousand US dollar level is possible.
The wash market, positions, and leverage should not be too high, it is necessary to enter step by step and gradually realize profit for risk distribution. The wash market on a short-term horizon predicts further growth, there is no need to change your positional psychology due to short-term fluctuations. Not too late for short-term, it is necessary to refrain from shorting below 92000. Last night, there was a significant drop in the American stock market, but the cryptocurrency market, on the contrary, rebounded. This is mainly due to the fact that the cryptocurrency market is already absorbing negative news about the lack of interest rate cuts (I already know that you will beat me, and when you do, I won't panic. If you say that you won't beat me in March, then in March I will be very happy, approximately like that). The cryptocurrency market does not always synchronize with the American stock markets, they have their own specifics, and in critical moments, they should be considered differently.
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At midnight, BTC made a pullback to around $9.6 thousand US dollars, which is the current resistance level (short pullback point). The nearest support returned to the level of 94,600 (weak support) - 93,550. For temporary long positions returning to the market, it is sufficient to protect 93,000. If this area is breached, a return within a range of 2000 points above the $9 thousand US dollar level is possible.
The wash market, positions, and leverage should not be too high, it is necessary to enter step by step and gradually realize profit for risk distribution. The wash market on a short-term horizon predicts further growth, there is no need to change your positional psychology due to short-term fluctuations. Not too late for short-term, it is necessary to refrain from shorting below 92000.
Last night, there was a significant drop in the American stock market, but the cryptocurrency market, on the contrary, rebounded. This is mainly due to the fact that the cryptocurrency market is already absorbing negative news about the lack of interest rate cuts (I already know that you will beat me, and when you do, I won't panic. If you say that you won't beat me in March, then in March I will be very happy, approximately like that). The cryptocurrency market does not always synchronize with the American stock markets, they have their own specifics, and in critical moments, they should be considered differently.