📉📈 Current panorama

The market was stuck in consolidation over the weekend, without clear forces. Although this scenario usually signals a phase of accumulation before a more intense movement, my reading for this week is a bit different.

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🔮 “MY” reading for the week:

• I see a greater chance of continuity in the consolidation, that is, a sideways market, moving laterally, without a clear trend.

• Consistent rise only with BREAKOUT: to regain strong upward movement, the market needs to break relevant resistances with VOLUME. Without this, the greater probability is indeed to continue in LATERALIZATION with a slight selling pressure bias.

• Risk of correction downward: a constant concern that always remains on the radar. Just a few unfavorable inflation data or tougher statements from authorities are enough to pressure the market. Therefore, it is essential to closely monitor the trends of events, as often the market anticipates pricing even before a real consolidation of the fact.

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📊 “MY” Conclusions:

• I do not see clear signs of an explosive rally this week.

• The most likely scenario is a sideways market, with slight declines during moments of realization.

• The buying side should only regain strength if there is an external catalyst (e.g., institutional flow or relevant positive news).

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👉 IN SUMMARY: this week, “my” expectation is for a sideways/STAGNANT market, perhaps slipping a bit more down than up.

I truly hope my reading is WRONG, and that you correct me by bringing the best possible reality: a crypto market on the RISE throughout the week.

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POLL:

What is your sentiment regarding the market this week?