$BTC bullish, back above the channel
The selling pressure has decreased, the risk was significantly released yesterday, the liquidation volume reached a peak, and there is likely to be a bearish trap with a shrinking volume consolidation below the channel.
The daily MACD will definitely take time to digest. August is likely to be a wide-range fluctuation, not a one-sided market, so it's better to do more swing trading.
Every time there is negative news, it can rise back, just like last time with the tariffs. It feels like Trump is intentionally hitting the US stock market with a series of play
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