BTC Update
BTC is holding steady around $92,000 despite facing a lot of FUDs. However, it's too soon to say that $BTC has hit the bottom. At this point, investors need to stay patient and be extra cautious.
What to do: Only add more BTC when you see clear signals:
$BTC stays stable around $92,000 for the next few days.
$BTC drops to the $87,000 zone, a strong support area backed by the Fibonacci 0.382 level on the weekly chart. Keep a close eye on this critical zone (see chart 👇)
ALTCOIN Update
Altcoins are still closely tied to BTC’s movements right now. This means buying more Altcoins is risky until BTC shows clear signs of forming a bottom.
One good sign is that the BTC Dominance Index (BTC.D) is starting to peak on the 3D chart (see chart 👇). This suggests that even if BTC drops further, Altcoins might not face heavy selling pressure.
⭐IMPORTANT NOTE⭐
The safest strategy for now is to stay defensive and wait for clear signals from BTC. The crypto market is at a sensitive stage, and rushing in could lead to unnecessary risks. Be patient! I’ll keep you updated if anything major happens.
