$BTC
Our priority hasn't changed - it's squeezing out short sellers, which is already happening.
The question of a larger correction remains open; the 80,000 mark and slightly below are relevant in the medium term, but for now, it's just worth watching the price.
Take a close look at altcoins, there are no significant movements.
Ask yourself why.
The answer is simple - there is no money in the market, all new market participants are sitting in deep drawdowns and need more and more X's to break even.
But who will pay for this banquet?
Essentially, some "new" money must come to the market, but from whom?
It's not very clear yet.
On some coins, you can see that there are purchase volumes, and these are clearly not retail purchases; either a large player is buying back this way, or the market maker is simply "drawing" the appearance $MOVE
The strongest indicator of the markets is time; chopping up the price takes up most of it and forces ordinary traders to make mistakes.
You don't need to try to "catch up" with the price, you will never get the bottom and you will never close at the highs, you need to do it in parts.
You can always find complete and more detailed posts in my blog.
Have a good day everyone 🤝