Let’s break down this news flash:
① What happened: The Economic Crime Investigation Bureau of the Shenzhen Municipal Public Security Bureau warned about two types of scams.
② Why it matters: It’s somewhat negative news, which could prompt short-term position cuts and caution. What really matters is whether selling pressure is released all at once or builds gradually.
③ What I’ll watch: How well the market absorbs selling pressure near key levels, and whether sentiment catches fire or quickly fizzles out.
④ What I’ll do: I won’t rush to buy the dip. I’ll wait for the selling pressure to subside and the candlesticks to stabilize before reassessing.
From another angle, $BTC is currently at 82214.48, up 0.13% over 24 hours, with an intraday range of 80684.36 to 83158.
It’s capital flows, not the news itself, that ultimately determine prices. Is this an opportunity or just noise?
① What happened: The Economic Crime Investigation Bureau of the Shenzhen Municipal Public Security Bureau warned about two types of scams.
② Why it matters: It’s somewhat negative news, which could prompt short-term position cuts and caution. What really matters is whether selling pressure is released all at once or builds gradually.
③ What I’ll watch: How well the market absorbs selling pressure near key levels, and whether sentiment catches fire or quickly fizzles out.
④ What I’ll do: I won’t rush to buy the dip. I’ll wait for the selling pressure to subside and the candlesticks to stabilize before reassessing.
From another angle, $BTC is currently at 82214.48, up 0.13% over 24 hours, with an intraday range of 80684.36 to 83158.
It’s capital flows, not the news itself, that ultimately determine prices. Is this an opportunity or just noise?