It is important to note that we are completing the movement along the pennant formed on an earlier rebound, which, in my opinion, is a bullish signal.
I actively buy more whenever possible.
The news background is twofold: the exchange was recently hacked, 3% of the entire coin issue was withdrawn, we are still declining on this news at the moment (it did not win back), but the hackers withdrew coins from the exchange crookedly to the wrong wallet (the coins "burned out", consider them not for anyone), the exchange will redeem at its own expense This volume of coins will be removed from the market, which will significantly reduce the circulating supply, and this is an advantage for the price. Coins are increasingly concentrated in the hands of whales, hamsters have lost everything, passengers have been disembarked, we are waiting for the Fed rate cut, we are flying to the altseason, and only then into recession, but that's another story.