Whether this develops into a bull trap or a bonafide breakout remains to be seen. Keeping an eye on liquidity dynamics around 100k and Purple Whale order flow.
Crypto and risk assets meanwhile stood to benefit from increasing US dollar weakness.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.