On social media, rumors are spreading that Trump said AI will be “bigger than the Internet” and will push for lighter surveillance. Immediately, $BTC shot up to $69,638 (+8.2%), $ETH reversed course and plunged 18.5%, while altcoins all rushed green. But don’t get too excited yet. I lived through the waves of 2017, 2021, and even the Spot ETF wave in January 2024. Remember? When the SEC approved the ETF, BTC jumped from $42K to $49K, then got dumped cleanly back to $38K within two weeks. Big good news is always priced in before retail even gets to see the headline. Right now, FOMO sentiment is at a peak, and Funding Rates are stretched like a drumhead. This is exactly the classic “Sell the News” script. Market Makers (MM) are using this hot news to lure the crowd into chasing buys at the short-term top, creating liquidity so they can later pull out by canceling those massive Buy Orders. Don’t be the one standing there to catch the killer wave. With $BTC holding at $69,638, the price structure is overheated—so a pullback is only natural. Anyone who wants to enter positions needs to be patient and wait for a deeper correction to accumulate at an optimal zone; don’t crave that sweet bite while it’s still hot. I’ve already placed a Limit Buy at the hard support zone of $66,500 to catch the liquidity sweep from below. If you accidentally take quick profits or a strong breakout happens, you can also look to add around $67,200. Stop Loss must be placed firmly below the old bottom at $64,800—if this level is lost, the short-term growth structure is broken. Accept a small loss to preserve capital. Money should be saved, not wasted in areas where liquidity gets absorbed. Let’s see who can stay the most calm.
$BTC $ETH #BinanceSquare #CryptoNews #Bitcoin
$BTC $ETH #BinanceSquare #CryptoNews #Bitcoin