Is the market bleeding over? Here's what I'm watching now!
After a sharp drop in Bitcoin's price and a break of important support levels, the market has begun to show signs of stabilization on short-term timeframes.
But is this a temporary rebound or the beginning of a new uptrend?
Three indicators I'm watching closely:
1. Volume — A rise with the uptrend could signal fresh liquidity.
2. Whale behavior — Large portfolio movements have been showing a quiet accumulation recently.
3. RSI — It's starting to emerge from oversold areas.
My view:
I won't enter the market with all the liquidity now, but I'm starting to accumulate small positions with a clear stop loss.
Opportunities are created in the midst of fear... only if you're prepared!
And for my loyal followers:
Write your market opinion for the coming week, and I'll choose a featured comment to receive a USDT reward via Binance!
