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Buy #LINK here . Target : 50 - 80%
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+6.81%
50
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SAND analysis: Price broke out of the falling wedge pattern, and also surpassed the resistance area of $0.334-$0.339. This area may be tested and considered for new long positions. The next resistance area is $0.375-$0.38.
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💰 Bitcoin failed to break through a massive trendline. As result dumped by $1,500. It will likely to continue the correction. Holding Shorts from $35k level.
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There is a large amount of funds in the market to push the price up through financing and leverage. The borrowing interest rate for USDT lending has continued to rise, approaching 20% annualized at one time, meaning higher leverage and more uncertainties.
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The Dawn of a New Bull Market? Although the latest rebound began with fake news, after that, a series of good news pushed the crypto market cap to more than $1.3T. However, can this rebound be sustained or even become the starting point of a new bull market? The current rising sentiment mainly comes from two aspects: the expectation of spot Bitcoin ETF and the expectation that the "interest rate hike cycle is about to end." The latter is currently relatively more dominant.
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short tia here it will dump soon it will go below 2 dollars dyor before shorting Not financial advice
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