Although I don't study fundamentals, I learned from the speeches in the square that two divergent events have occurred.
The good expectation is that the United States regards BTC as a strategic reserve, which has not faded. The bad expectation is that Powell, the old guy, said that he does not plan to cut interest rates for the time being.
The specific truth or falsehood, the old iron who studies fundamentals can verify it in the comment area. I don't study fundamentals. I mainly predict the problems that will occur based on the market.
These two expectations have a contradiction, so the big cake will close with a cross star today, and it may fluctuate at this position during the period of expectation contradiction.
It is not that the oscillating market cannot be done, but it is a short-term wave band. Use the 1-hour cycle as the main cycle to do it, draw the support and pressure zone, and intervene at the opportunity position. The core of doing short-term is to control the retracement, not the pattern.
Also, the foreign market is a bit weak today, and it is not easy to do. I am short. I will participate again when the foreign market ends, the BTC trend stabilizes, and there is no pin.
I hope everyone will not over-trade. The market of pinning is easy to lose back and forth. Although I can do this market, I am too tired, so I rest.
Good night everyone.