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Getting up to take the shot 🌚
Last night’s market again proved one thing:
When news starts to take over the market, technicals will temporarily fail.
Why did Bitcoin keep spiking up and down last night?
Because the market is re-pricing.
The sudden intervention of news is like a high-speed car being sharply turned.
The price won't immediately revert to its original trend.
It takes time to recover.
So true experts don’t get excited about spikes.
They know:
Spikes are not scary.
Spikes without direction are the real danger.
Recent market conditions are not trending.
Instead, the market is driven by news, capital, and options funds fighting for pricing power.
The more this happens, the less you should heavily bet on the direction.
Because the market is cleansing emotions.
And the next big trend often emerges after this chaos.
Remember one thing:
News drives volatility,
Technicals determine direction.
#BTC #Bitcoin #ETH #Crypto