Midnight BTC/ETH Market Outlook:
The intraday volatility is not significant. After spiking above the 70,000 level yesterday and then retracing, the current range remains between 65,000 and 70,000. At this position, chasing short positions is not suitable, as there’s little profit to be made. To avoid getting caught off guard, the strategy should be either to go long at higher levels or wait for a breakdown before considering short positions.
Currently, the price is around 66,500. If you chase short here, how is that different from yesterday’s rebound at 70,000, shouting “bull back,” and then a
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