To be honest, last night while staring at the market, I almost thought I was seeing things; BTC actually touched $75,000!
This rebound came stronger than I imagined. I originally thought the Middle East would take a while to settle down, but risk assets just reversed on a whim, and the shorts probably lost their shorts this time. I hesitated around $71,000 and didn't dare to go heavy; now I see it was indeed a bit of a 'fear of heights' mentality at play. I personally rate this wave a 70 out of 100, as I didn't fully capitalize on it.
The overnight hot topics have been quite substantial; brothers, take a look:
• Jensen Huang opened his mouth at the GTC conference, and AI coins collectively surged, with FET skyrocketing 20%, followed closely by NEAR and WLD; this wave of 'NVIDIA premium' is still effective.
• Musk hasn't been idle either; xAI is actively recruiting financial experts to train Grok, apparently aiming to create an 'AI analyst', which means more pressure for us report writers in the future.
• The stablecoin protocol USD.AI has opened airdrop inquiries; if you participated, hurry up and check it out; even a mosquito leg is meat.
• On Binance's side, the NIGHT event is still ongoing, with a task for 2 million token vouchers; a little effort can yield rewards.
• Macroeconomically, the U.S. has postponed cryptocurrency tax negotiations due to a snowstorm, giving the market a bit of breathing room.
• On-chain data shows that although there were small outflows from BTC and ETH ETFs yesterday, it was much gentler compared to the previous sell-off.
• The Fear & Greed Index is currently at 28; although it's still in the 'fear' zone, I personally feel that when everyone is too scared to act, it often marks the beginning of a rebound.
Today I'm closely watching these two:
1. FET/ $NEAR: See if the follow-up sentiment from the GTC conference can hold; if it pulls back 5%-8%, I'll consider picking up some short-term trades.
2. $NIGHT: This privacy project just launched on Binance, with a random number @MidnightNetwork , part of the Cardano ecosystem, currently still in the active phase, with high volatility, suitable for speculation.
Brothers, do you think BTC can hold $75,000 this time? Or is it another 'trap'? Let's discuss your positions in the comments; I want to see who's still on the ride.
$BTC $FET
