The current rally may be explained by a combination of:
• "Clearing out" excess leverage from the market
• Technical rebound
• Short-term liquidity recovery
If the influx of spot capital does not continue, the rally may remain vulnerable to repeated tests of local lows. #CanBitcoinReclaim$70K?
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False Breakout Risk
The current rally may be explained by a combination of:
• "Clearing out" excess leverage from the market
• Technical rebound
• Short-term liquidity recovery
If the influx of spot capital does not continue, the rally may remain vulnerable to repeated tests of local lows. #CanBitcoinReclaim$70K?