#BinanceHODLerPLUME #PowellWatch #Write2Earn #CryptoIntegration Yes, we definitely took the last bottom and captured good movements, and we also have a clear understanding of the medium-term picture. But now I see some alarming signals, so I think it’s important to warn everyone to be ready and not make mistakes 🤚
➡️ Locally, I do not observe positivity. Probably, ahead of us awaits either a deeper correction (down to $110K for #BTC), or market strengthening before good entry points appear. For now, the main focus should be on risk management. Ideally, transitioning to spot and waiting.
Historically, August–September often become months of downward movements. And I wouldn’t be surprised if this time we see a drop again, which will be a great opportunity to buy before the final surge of the 4th quarter (October–November). And these months have always been the strongest for #BTC, especially at the end of the four-year cycle.
What will be the signal of a true bottom?
— A week of large outflows from ETFs + price slowdown. This coincided with key reversal points over the last year and a half.
— Or a sudden 'black day' when #BTC and #ETH fall by -10% or more. This hasn't happened in a long time, but the likelihood that such a movement will give us a global bottom is very high.
For now — I am just observing and waiting. The market is not the best for active trading right now, and there’s no point in giving back what we have recently earned.
So I ask you:
We maintain discipline, we are not in a hurry, we do not open new deals until my signals. Everything will happen — time works in our favor.
