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This kind of market condition is actually hard to define a pattern, as the volatility and rhythm are too fast.
The idea for Bitcoin in the morning was to short at a high level around 73,000. The market dropped to about 71,700, already moving over a thousand points. Unfortunately, after the dip, there was no continuation, and the price was quickly pulled back by funds, currently rebounding again to around 72,500.
This kind of rally doesn't have much logic; it feels more like a repeated tug-of-war driven by emotions. In such a market, there's no need to rush into short positions; be patient, wait for the right levels, and follow the rhythm.
The market is never short of volatility; ultimately, the direction will be validated by time. $BTC #加密市场上涨 #比特币创下近一月内新高 #美伊局势影响 #日韩股指高开