📉 The market is holding its breath
Right now, in my opinion, everyone is waiting for a 'signal'. After that, we are likely to see a decline. The current growth is just a recovery to the levels from 2-3 weeks ago. Volumes do not indicate a mass influx of investments — the main activity has been during declines (mostly liquidations). I expect another liquidation candle on Friday, after Jerome Powell's speech. Rate cuts will likely be postponed to a later date.
💰 My strategy
I only trade on the spot market. ~30% of my portfolio is in fiat for additional purchases, the rest is in crypto. The main focus is on $AVAX and $DOT
• AVAX: I plan to partially take profits at $27-30 (10-20%),
• DOT: I will sell 20-25% at $4.5-4.8.
If my assumption is correct — on Friday I will buy back AVAX at $18-20, DOT at $3.8-4.
⚠️ Important
This is not financial advice! I am only risking my own funds. Always do your analysis and make decisions with a clear head. DYOR.
