That last so-called dip? The one some tagged as #EidCrash? (It was me, but only in my head.) It wasn’t a real dip, but a setup in disguise. The kind of fake-out that pretends to break, just to bait hesitation. A short-term local bottom, not a collapse. A stress test for weak hands, not a structural failure. Nothing more, nothing less.
Big picture, it was structured cleanup. The sort of flush that feels brutal in the moment but looks surgical on the 4h chart a few candles later. RSI dipped just low enough to spook retail. Stochastic stayed mute. MACD barely blinked. Then it flipped. Inflow turned green before anyone noticed.
And now here we are, drifting above the mid-Bollinger, momentum crawling back, while those who sold the wick are still on Telegram asking if it’s too late to get back in.
So no, it wasn’t a crash, but an entry. If the bulls still have anything left in Spot to use for it.
