To my untrained eye, what's going on is this: as traders in the western hemisphere shut down for the night, those on the other side are just starting to get busy. And by busy I mean do what they have been doing best after their lunch hours (at least as of late): run up the price on BITCOIN, with altcoins following suit big-time, and then watching us FOMO in through our morning breakfast before taking profit gradually as their evening winds down and they go to bed--and then it's up to us to continue or break the cycle, with or without sprinkling in a little shakeout here and there.
The evidence suggests what little's left of today is going to be a shake and break-out (upwards) type of night.
A completely buffoonish hypothesis, I know, but one that must be propounded no less. (Inferences to the best explanation require poor ones, do they not?)
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.