Well, the liquidity has been gathered. Most likely, there will be another dip today with a check of the support zones, but in my personal opinion, by the end of next week, the upper limits will already be tested.

📉 Pressure is coming: should we expect a drop in AVAX, ADA, and DOT?

This evening, Jerome Powell will give a speech, and the cryptocurrency market is likely to come under pressure. The Fed is unlikely to give clear signals about a rate cut soon, which is bad for risky assets.

🔻 Current situation:
• AVAX — $25.3: losing momentum, strong resistance zone at $26.
• ADA — $0.87: not holding its rise, high risk of a pullback to $0.80.
• DOT — $4.37: a downward breakout is possible down to $4.00 and below.

📉 Forecast until the end of the week:
• If Powell's rhetoric is tough — altcoins will drop by 7–12 %.
• AVAX: $23.5–24 (I still have many coins to sell, I will buy on drops below 20, but I would buy at 23.32)
• ADA: $0.78–0.82 (my order at 0.777)
• DOT: $4.00 or even $3.90 (my buy order at 4.004)

⚠️ Conclusion:

Now is not the time to enter. The risks are high, and the growth potential is limited. The best option is to wait for a resolution and catch lower levels after the correction.

But overall, I am also human and can be wrong; I do not urge anyone to act as I do. Always assess all risks and possible losses, DYOR!!!!

Wishing everyone profitable trades and good spirits!

#Write2Earn #AVAX #ADA #dot