BTC broke above 75,000 USDT, with its 24-hour decline narrowing to 1.18%
Let’s look at both sides:
Bullish case: The event offers a fresh narrative, which could draw more attention;
Bearish case: Expectations may already be priced in, making the actual event a chance to sell;
My take: Both sides have a point. Ultimately, it comes down to which side $BTC ’s volume and price action support.
$BTC latest: 74887.73, 24h -1.42%, 24h range: 73510 ~ 76200.
Let’s look at both sides:
Bullish case: The event offers a fresh narrative, which could draw more attention;
Bearish case: Expectations may already be priced in, making the actual event a chance to sell;
My take: Both sides have a point. Ultimately, it comes down to which side $BTC ’s volume and price action support.
$BTC latest: 74887.73, 24h -1.42%, 24h range: 73510 ~ 76200.