๐กThe market situation is still normal up to this moment, and trading in both directions is functioning normally without risks
As long as Bitcoin is above 112 and Ethereum is 2950
And it will catch trades of +20% / -20%
๐But put a million lines under the word 'but'
90%
of the coins
(are below the peak of last May and are still at crushing lows and need to double to reach the peak of January)
๐This means that Bitcoin's current rise to 122 and Ethereum to 3600 only indicates that the coins are printing a peak lower than the peak of May
And this is very, very negative
For the coins to rise and for a real season to happen, the peak of last May must be broken, a real break, and then you can enter with the first correction and position yourself after the break, and the peak of May had a test for the broken lows of most coins
Bitcoin's rise to peaks creates peaks in coins that are lower than peaks
And its correction creates in coins lows that are lower than lows
Therefore, the peak of May must be broken so that a scenario like February 3 does not happen in the coming August
๐We are still monitoring the mentioned green points for safe, normal trading and entering shorts before any possible betrayal happens and before achieving any breaks at all, make sure of the drop $BTC $ETH $BNB