From a structural perspective | Cipher Digital reported net profit of $31.6 million, while third-quarter revenue fell 63% year over year.
A valid breakout needs volume to back it up; breakouts without volume often fall back into the range. What matters most isn't the headline, but how the price moves over the next few hours.
Slightly bearish. I'd wait on the sidelines and see how things look once the price stabilizes.
$BTC currently 76540.78.
Crypto trading carries risks. Please exercise caution when placing orders.
A valid breakout needs volume to back it up; breakouts without volume often fall back into the range. What matters most isn't the headline, but how the price moves over the next few hours.
Slightly bearish. I'd wait on the sidelines and see how things look once the price stabilizes.
$BTC currently 76540.78.
Crypto trading carries risks. Please exercise caution when placing orders.