The market pumped up to the 115000-116000 range on Monday, it's too fast, it seems that this position can only be used for short🈳 and not for long🈳.
#BTC# If we hit near 116000 a bit later, if it pulls back and can't go down below 114500, then we should run first. With the interest rate cut approaching at the end of the month, I'm worried about FOMO kicking in, and we still need to pump a bit more, so if it pulls back, we should run first. It's pumped too fast, and there are still a few days left for speculation before the interest rate cut at the end of the month.
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The market pumped up to the 115000-116000 range on Monday, it's too fast, it seems that this position can only be used for short🈳 and not for long🈳.
#BTC# If we hit near 116000 a bit later, if it pulls back and can't go down below 114500, then we should run first. With the interest rate cut approaching at the end of the month, I'm worried about FOMO kicking in, and we still need to pump a bit more, so if it pulls back, we should run first. It's pumped too fast, and there are still a few days left for speculation before the interest rate cut at the end of the month.