🔥 A court lifting Bithumb’s six‑month ban isn’t a market rally trigger – it’s a regulatory reset.
📊 The Seoul ruling revives Bithumb’s core services after March sanctions, and it lands while overall market sentiment reads Greed 71/100 and
#KoreaRegulation chatter spikes #ExchangeNews.
🌐 With Bitcoin hovering at $83,180 (‑1.2% 24h), RSI 44.4 and a bearish MACD crossover, the crypto cycle is still in the consolidation phase; BTC open interest sits at $7.77 B and funding is ‑0.0008%, signaling short‑side pressure despite a 58.6% long bias.
💡 Practical move: keep exposure tight, use the dip to add to positions only after confirming BTC breaks above the 28.5% Bollinger mid‑range or when smart‑money wallets start net buying again.
❓ How are you adjusting your strategy now that a major Asian exchange is back in play – tightening risk, buying the dip, or waiting for a clearer breakout?