📊 Market Update
#BTC is starting to gain momentum. Those who entered short positions around the 67k area are now sitting on roughly a 2k-point move. The current plan remains unchanged: continue monitoring the position and watch for a potential move toward the 63.5k region.
At the same time, both #BTC and Gold are trading in a relatively tight range as markets wait for the next major catalyst.
Attention is now turning to tomorrow's FOMC-related event, with newly appointed Fed Chair Kevin Warsh scheduled to speak at 1:30 AM. Markets are currently in wait-and-see mode, and regardless of the message delivered, traders should be prepared for increased volatility across risk assets.
Stay disciplined and manage risk accordingly.