Deividi Guedes
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Panic again in the crypto market 🚨
Many liquidations, whales sending crypto from wallets to exchanges in a clear sign of selling and pessimistic market sentiment after Powell's statement about the possibility of not cutting interest rates in December.
It was a bucket of cold water, taking the momentum out of the exchanges as well.
But where can the knife stop falling? The strongest support is in the range of $102-104k.
The bear market zone (major downward trend) at this moment is at $98k.
If BTC shakes during these hours, altcoins do much more. Be very careful with leverage, both ways. Volatility has returned.
Buy the dip?
{spot}(BTCUSDT)
Many liquidations, whales sending crypto from wallets to exchanges in a clear sign of selling and pessimistic market sentiment after Powell's statement about the possibility of not cutting interest rates in December.
It was a bucket of cold water, taking the momentum out of the exchanges as well.
But where can the knife stop falling? The strongest support is in the range of $102-104k.
The bear market zone (major downward trend) at this moment is at $98k.
If BTC shakes during these hours, altcoins do much more. Be very careful with leverage, both ways. Volatility has returned.
Buy the dip?
{spot}(BTCUSDT)
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