Bitcoin's uptrend remains intact as momentum approaches the previous high — from the "Sky Fox" newsletter

Bitcoin remains in an uptrend as it approaches the previous high
Because it is not accompanied by volume, we are very cautious.
We need to be mindful of developments after reaching the high, including a potential collapse.

The Dow/market in the short term is enveloped in pessimism, and while it pulls back, it remains at high-price levels
For this reason, we see the overall market as being on alert.

The euro has weakened due to concerns over political risk in the EU, and France's Le Pen is also advocating protectionism,
and we are wary of the EU's protectionist trend, including Merkel's declining approval rating in Germany.

In talks with Asian traders, what’s common is the current price level for this month.
February tends to form a top or bottom easily; where will it form? This will be the key.
The favored commodity markets are suggested to become market-moving factors like emperors in the future.
Currently the market lacks decisive direction, and there are no drivers for classical fundamental hedge funds to move, so the market is waiting and watching. Essentially, algorithms are monitoring and we are in a waiting state.

Cars, radios, and information

When I drive and listen to the radio, the difference from TV is the density of information
TV information programs are about how to be appealing, so the content of words becomes shallow
Radio is a contest of words alone, and every time I listen, I think there are worlds I didn’t know.

I don’t regularly watch information programs; I just happen to have them on.
This is the status. It’s because I don’t want to be swayed by information.
I do attend professional study groups and seminars, but this is where I learn.
Textbooks are familiar, but I participate to compare them with real-world conditions and deepen exchanges.

Listening to new information is important, but please take Marketot’s information in moderation,
since speaking as a performance is more valued, it is popular and thus has high exposure.
When information becomes one-sided
the market moves in the opposite direction. At such times, it is about taking a minority viewpoint.

（Excerpt from the 2/8 newsletter）

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