With prices falling to the $3,000 round number mark, market sentiment is overly optimistic and many traders are expecting a significant rebound at this price level to turn the tide. While the market tends to be optimistic, I always remind myself to be cautious because only 5% of people (who trade by experience) and 15% of machines (who rely on quantitative trading) can win the remaining 80% of the chips.
Trade closed: target reached:
