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It looks like there's going to be a wave of people getting trapped chasing highs next.
BTC daily volume is shrinking, and hourly charts show divergence between volume and price. The dollar index has been retesting its highs for 2 days, crude oil is oscillating upward, and there's no sign of de-escalation in the Iran situation. Tonight the Fed has a 99.5% probability of not cutting rates, and Powell's remarks likely won't have any dovish implications......