Let’s break down this news flash:
① What happened: James Lavish warned that the government is caught in a debt death spiral, with fewer buyers of long-term Treasury bonds increasing pressure to print more money.
② Why it matters: The news is somewhat bearish, and sentiment and leveraged funds are likely to feel the impact first. The key question is whether selling pressure will persist.
③ What I’ll be watching: Whether the intraday highs and lows are tested repeatedly, and whether the parties involved respond.
④ My approach: I’m not rushing to buy the dip. I’ll wait for selling pressure to ease and the candlesticks to stabilize.
Back to the chart: $BTC is currently at 81625.27, down 2.67% over 24 hours, with an intraday range of 81260.81–84352.
What do you think?
#BTC
① What happened: James Lavish warned that the government is caught in a debt death spiral, with fewer buyers of long-term Treasury bonds increasing pressure to print more money.
② Why it matters: The news is somewhat bearish, and sentiment and leveraged funds are likely to feel the impact first. The key question is whether selling pressure will persist.
③ What I’ll be watching: Whether the intraday highs and lows are tested repeatedly, and whether the parties involved respond.
④ My approach: I’m not rushing to buy the dip. I’ll wait for selling pressure to ease and the candlesticks to stabilize.
Back to the chart: $BTC is currently at 81625.27, down 2.67% over 24 hours, with an intraday range of 81260.81–84352.
What do you think?
#BTC