MARKET UPDATE:-
Tether’s breakout above 4.33% which aligns with the 100 EMA and the trendline resistance of the current trend, could delay the anticipated altseason by a few months. If this level holds, we may see a green Q2 instead of Q1.
Why This Resistance Matters
A rejection at the current resistance is crucial. The market sentiment is at a point where traders are exhausted, impatient, and uncertain often an ideal setup for a reversal.
So we could see a fake breakout before breaking down again but this is just my opinion as per market sentiment and Altcoins charts but who knows!
We’ve already endured significant pain while BTC continues trading within a narrow $5K range. This price action is unlike anything we’ve seen before.
Risk Management in the Current Market:-
• Avoid Excessive Exposure to Derivatives – The market is unstable, making futures trading particularly risky.
• Holding Spot Bags? Stay Patient – A single day of bullish momentum could push your portfolio back to break-even levels.
The Game Plan:-
For now, we wait for clarity , I am holding my spot bags, though looking them is painful lol.
Please manage your risks properly.
Dont play on futures if you’re not experienced!
