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Yesterday's shakeout was quite intense, right? As soon as Trump opens his mouth, the whole market follows along. No wonder he's known as the top signal caller in the crypto world.
But we didn't waste the effort either. Short position at 75,500, with two dips back to 74,600, and we secured steady short-term profits; ETH also moved smoothly, with about 50 points of room near the 2,280 level.
Right now, Bitcoin is hovering around 76,000. It seems like it can't drop further, but let me tell you, don't be fooled. No chasing longs above 76,000; if you want to go long, wait for a dip. My morning view is very clear $BTC
Entry: 76,300-76,600, light short position
Stop loss: 76,800
First target: 75,500
Second target: 75,000
To go long, wait for Brother Tong's signal:
Dip to 75,300-75,500 with increased volume indicating a bottom, try a light long
or break above 77,000 with volume and chase longs on the right side (less likely)
Stop loss: break below 75,000, exit