With such a chaotic arrhythmia schedule as now for altcoins, one wants to say: “the patient is more likely dead than alive” 😅
Similarly with crypto — everything seems to have stabilized, the news seems to be positive, but there is no influx of funds, and therefore we do not observe growth.
Large players have already accumulated assets at the market bottom, knocking out mid-tier and small traders along the way.
Now there is no one to buy:
the new ones think it’s expensive, while the old ones are already in positions and without free funds.
So we’re stuck, but I see 2 scenarios:
1️⃣ Sideways — a gradual sell-off of coins bought at the bottom, after which another “drop and buy more”.
2️⃣ Sharp pump — to invigorate the market, cause FOMO, collect the remaining liquidity and again — sideways, a couple of upward spikes and a drop down.
Personally, I believe more in the first option.
I doubt that anyone among market makers or whales has ever thought about simple traders 😉
Well… either the mood today is just off, or there really is no positive outcome in sight yet.
📊 Current orders:
📌 $ADA
Sell: 0.7811 / 0.8642 / 0.9116
📌 $AVAX
Sell: 23.45 / 25.24 / 26.35
📌 $DOT
Sell: 3.949 / 4.163 / 4.268
⚠️ These are just my conclusions, I can also be wrong — always DYOR!!!
Wishing everyone profitable trades 🚀
