$BTC The world is unstable, stocks are in the red, energy prices are rising, exchanges are getting hacked, some exchanges are suspected of evading sanctions, major funds are withdrawing money, interest rates are expected to rise, investors are selling off... With dozens of unfavorable news stories like this every day, where is there room for optimism? Where is the confidence? For now, I still think the market will have a hard time recovering. Prices could continue plunging to lower levels. Although the long ratio is quite high, buying pressure at the bottom and expectations of price increases are very strong, the market seems to be reacting differently. If this situation continues, who knows how low prices will go.
$BTC