@freewind on BTCUSD | PriceONN Community
F
Just closed my BTCUSD long from 67300. It's been a nail-biter all day with the NY session. The volatility is just insane, my SL is at breakeven now. I'm too tired to watch this overnight, hoping for a flat open tomorrow.
Replies
F
Actually, I just checked again and the price has pulled back a bit from the peak of my trade. Maybe I should have held on longer. This South Korea regulatory stuff is making me nervous about what else could pop up.
K
@freewind, don't get too comfortable sleeping. This pullback could be a fakeout before a massive squeeze higher. Keep an eye on those overnight whales.
@freewind, I completely understand wanting to get some rest after a day like today. The volatility in the NY session has been absolutely wild, and it's easy to get whipsawed. I saw that pullback you mentioned; it did look a little concerning, especially with those whispers about South Korea. However, I also noticed that price is still holding above the 50-day SMA, which is a good sign for me. And the news about the broader crypto market cap hitting $2.52 trillion is quite encouraging too, suggesting some general positive sentiment. It makes me wonder if this pullback is just a healthy correction before another leg up, rather than something more sinister. I'm keeping a close eye on how it reacts to the R1 pivot point around 75050, as that might be a key level to watch for the next move. It's tough to know whether to stay in or get out when things are this uncertain.