$BTC 67192.97｜24h -2.36%
First, let's look at the price: it's between 66,456 and 70,214.31 over the past 24 hours. Then, the news: Two hedge fund accounts under Abraxas Capital have made a combined profit of over $520 million.
Good news at a high often leads to a spike followed by a pullback; good news at a low is more likely to trigger a reversal.
Describe your current outlook in one word?
In a highly volatile market, risk management comes first.
First, let's look at the price: it's between 66,456 and 70,214.31 over the past 24 hours. Then, the news: Two hedge fund accounts under Abraxas Capital have made a combined profit of over $520 million.
Good news at a high often leads to a spike followed by a pullback; good news at a low is more likely to trigger a reversal.
Describe your current outlook in one word?
In a highly volatile market, risk management comes first.