Today CZ said that there might be a black swan.
Attention!!
Attention 311
Bitcoin has a tendency for a major crash!
Today CZ posted a message, reminding about position management, not to put all eggs in one basket, and not to only buy Bitcoin. It seems like he's suggesting us to buy more BNB.
However, from today’s daily trend, the upward trend has touched the upper trend line three times, and 77000 has not formed a limited breakthrough; this indicates a pullback is coming!
Moreover, regarding the analysis of the emotional aspect! Although interest rate cuts are very favorable, and Trump being in power is also very favorable.
But today’s price increase has slowed down compared to the previous two days.
Also, I see that the fear index is slowly rising, and Wall Street's buying is less than its selling.
If the enthusiasm does not have any other support,
BTC may pull back to 69000.
Of course, the speculation about the black swan is based on the previous two bull markets, where each bull market had a major news event that triggered a black swan.
In this bull market, I feel that the black swan has not yet appeared, and I have some hidden worries.
In the previous two rounds, it was also the time when the bull market sentiment was at its peak when the black swan appeared.