It is important to note that we are completing the movement along the flag that formed on a previous retracement, which I consider a bullish signal.
I actively buy whenever possible.
The news background is mixed: the exchange was recently hacked, and 3% of the total coin issuance was withdrawn, and we are still seeing a pullback on this news (it has not recovered), but the hackers withdrew the coins from the exchange in a twisted manner to the wrong wallet (the coins were burned, no one deserves them), and the exchange will recover these coins at its own expense. This amount of coins will be withdrawn from the market, significantly reducing the circulating supply, which is a positive for the price. Coins are increasingly concentrated in the hands of whales, the hamster has lost everything, passengers have been unloaded, and we are waiting for a rate cut from the Federal Reserve, heading towards an altcoin season, and only then will we enter a recession, but that's another story.