#BTC Right now, “big cake” is consolidating again, hovering around 750. The market is also in a wait-and-see mode—one day the US and Iran are like this, the next day like that, repeatedly swinging back and forth between whether talks will happen and whether talks won’t. The impact is also considerable: if the talks succeed, then funds will flow back into the market, with a chance to make a decisive breakout from the 8.5 to 8.8 range. But if fighting breaks out again, then under heightened risk aversion, funds will keep fleeing, still returning to the 6.5 to 6.2 range. It’s even more likely to head toward around 5.0. So besides watching the price-action structure, be sure to keep an eye on market developments from time to time—don’t let the market move and then you realize too late, or you could end up missing the chance and getting liquidated, or getting trapped by a late-position order...