“Binance co-CEOs: Full proof of reserves to be released by Monday at the latest, with withdrawals targeted to resume within 40 hours”
Let’s clearly address the three questions everyone cares about most—
Q1: Bullish or bearish?
A: Somewhat bearish, but sentiment often overshoots.
Q2: Will it show up in the price right away?
A: Not necessarily. There’s often a lag between news and price action, so first watch the first major candle after the news breaks.
Q3: What should we watch next?
A: Whether the market has already priced it in.
Q4: Should you change your position because of this news?
A: I don’t change my plan because of a single news item; I wait for the price to give a signal. $BTC is at 77538.07, down 4.65% over 24 hours—worth keeping an eye on.
Let’s clearly address the three questions everyone cares about most—
Q1: Bullish or bearish?
A: Somewhat bearish, but sentiment often overshoots.
Q2: Will it show up in the price right away?
A: Not necessarily. There’s often a lag between news and price action, so first watch the first major candle after the news breaks.
Q3: What should we watch next?
A: Whether the market has already priced it in.
Q4: Should you change your position because of this news?
A: I don’t change my plan because of a single news item; I wait for the price to give a signal. $BTC is at 77538.07, down 4.65% over 24 hours—worth keeping an eye on.
