(and the market as a whole)
Globally, we are still in an uptrend. What is happening now is just a correction, amplified by local negative news.
👉 But if we look broader, we are in a stage of revolution — crypto is entering the American market en masse for the first time. This is not a decline, but a fundamental shift.
⸻
🧠 A bit of lyricism
I would happily post truly powerful news (and there is some).
But, as practice shows:
• there is almost no interest in them,
• searching and preparing takes a lot of effort,
• feedback — zero.
⸻
📉 Technical analysis: 3 zones on the horizon (within 3–5 days)
1️⃣ 112 000 – 110 000
→ First target. Here I expect a local bounce up.
🔍 In the zone, there are stop losses of long traders and an active buyer, which can serve as fuel for a correction or a return to the upper boundary of the range.
2️⃣ 108 000 – 105 000
→ If we break higher, we go here.
3️⃣ 103 000 – 98 000
→ A zone that I have little faith in, but must note as final.
☝️ All these levels are potential reversal zones for longs. And, as usual, news may push them 😏
🔄 What am I doing myself?
🧠 Personally, I am waiting for a reaction from the 112K zone.
💬 Write in the comments:
Do you enter at levels or wait?
💾 Save to not forget key zones which may come in handy today.
