Good morning on Saturday
To be honest, I was a bit panicky this morning.
When I opened the charts, BTC was hovering around 64.9k.
I can’t really say whether the market scared me or whether I just hadn’t had my coffee yet—(anyway, both).
BTC is now 64,900.
In the past 24 hours, it’s up slightly by 0.88%, with a high of 65,390.
The low was 64,166, with a trading volume of 11,922 BTC.
Overall, it’s still a frustrating range-bound market at high levels.
Watching this trend, to be honest, I feel like there’s no clear direction—one word: endure.
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Two things really stand out.
First, Morgan Stanley said the Federal Reserve plans to shrink its balance sheet by $1.5 trillion over the next two years, starting as early as Q1 2027.
The shadow of tighter liquidity is back again.
I figured, even if balance-sheet reduction happens, crypto’s pain sensitivity has already dulled.
Second, Bybit has officially sued North Korea and Lazarus.
They’re taking the $1.5 billion hacker-related case all the way through.
This lawsuit may take a while to play out.
But I feel that getting a freezing order would already be half the win.
(Meanwhile, US stocks are doing well—COIN is up over 5%, and both the Dow and the Nasdaq are in the green.)
////////////////////////////
Overall, market sentiment is cautiously optimistic.
As long as BTC holds 64,000, it’s still a bullish market.
The first target above is 65,000.
If you’re holding positions, stick to the moving average—don’t make random moves.
Talk risk control again only if it breaks below 64,166.
It’s the weekend today—watch the screen less and drink more water.
That’s it. Good morning~
To be honest, I was a bit panicky this morning.
When I opened the charts, BTC was hovering around 64.9k.
I can’t really say whether the market scared me or whether I just hadn’t had my coffee yet—(anyway, both).
BTC is now 64,900.
In the past 24 hours, it’s up slightly by 0.88%, with a high of 65,390.
The low was 64,166, with a trading volume of 11,922 BTC.
Overall, it’s still a frustrating range-bound market at high levels.
Watching this trend, to be honest, I feel like there’s no clear direction—one word: endure.
////////////////////////////
Two things really stand out.
First, Morgan Stanley said the Federal Reserve plans to shrink its balance sheet by $1.5 trillion over the next two years, starting as early as Q1 2027.
The shadow of tighter liquidity is back again.
I figured, even if balance-sheet reduction happens, crypto’s pain sensitivity has already dulled.
Second, Bybit has officially sued North Korea and Lazarus.
They’re taking the $1.5 billion hacker-related case all the way through.
This lawsuit may take a while to play out.
But I feel that getting a freezing order would already be half the win.
(Meanwhile, US stocks are doing well—COIN is up over 5%, and both the Dow and the Nasdaq are in the green.)
////////////////////////////
Overall, market sentiment is cautiously optimistic.
As long as BTC holds 64,000, it’s still a bullish market.
The first target above is 65,000.
If you’re holding positions, stick to the moving average—don’t make random moves.
Talk risk control again only if it breaks below 64,166.
It’s the weekend today—watch the screen less and drink more water.
That’s it. Good morning~