I don't know what to say, but for me, it is good, I made some profit, and of course, it was not good for those who did short trade. Markets sometimes make sudden moves, and to be honest, I still have not read any news from Cointelegraph about the SEC approving the ETFs. And I am not going to check it now, just enjoy the market. Well, I also did not realize that BTC touched $29k because whenever I saw the price, it was around $28.4k, but it is good to know that approvals of such ETFs have a big impact on the market.

It's just like the Pi coin because we have seen its potential, and when listed by unofficial sources, we at least get the idea that if it were listed by the original sources, then it would touch $300 per coin easily. I just took it as an example.

News outlets are really misusing their power, either they have done it on purpose or by mistake, but many people have lost millions of dollars. But I am quite shocked to see that those who short trade or long trade don't use stop limits, stop losses, etc. Because the market was around $26.5k and reached $29k, which is a big pump. Those guys should have stopped their trades even before BTC reached $28k.

And I am still confused. If the fake news is the main cause, then why is BTC still at $28k, and why is it not coming down? People might have taken the short trades again because they knew the market would come down. What do you have to say about this?