The busy weekend is preparing for Tet, and now bG is finally coming up, everyone 😆
The situation remains the same, nothing has changed, atrai $BTC is in the accumulation range of 94.3-95.8 waiting to break out. Whether it goes up or down, let's see:
💥 As bG wrote on the 15th about BTC.D, ETH/BTC, TOTAL2&3 - the capital will gradually shift towards ETH&alts, and as seen today, the alts after hitting all the supports that bG replied to in comments, have bounced back and are stronger than atrai. Today many are pulling back but are still maintaining their structure.
💥 Although there was new news yesterday, it won't affect the weekend, so bG hasn't noted it yet. Now it's needed, as tomorrow is Monday 😁
That is the news that Mr. Trump said starting from 1/2, a 10% tax will be imposed on our European friends, and today the French market is also firmly rejecting and sticking to its position.
---> This news is not good for risky assets (coins, stocks) in the short term, as it falls under the category of affecting the economy/supply chain on a large scale ---> reducing hopes for a Fed rate cut.
But tomorrow the stock market will open, so we will continue to note that prices may adjust, going down with the stock market. The degree of adjustment will also depend on that.
💥 Currently, in terms of structure, the probability of bouncing up/switching is higher than going down. But the influence from the stocks always needs to be cautious, as typically such news will see coins running first and then recovering.
---> Resistance and support remain the same, everyone. If the chart changes tomorrow, bG will update.
💥 Price level to note on H4: 93
💥 The price levels are always the closing prices of the candles in the frames being mentioned in the article.
💥 Personal opinion, not investment advice. The market is extremely harsh, everyone always maintains discipline (sets SL/TP, no fomo/all-in) and manages capital well, bG has already guided you!
--- Love all ---
