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CRYPTO MECHANIC
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Too early to decide how September will be, I will see where August ends and the overall structure.
I don't play the guessing games that don't make me money.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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CRYPTO MECHANIC
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This bull market feels tough. It's probably because the market is growing so fast, with more new traders using high leverage compared to those trading on spot. As the market trends upward and people call for an altseason, traders open high leverage longs, hoping to catch a big move up. This is why the drops are always brutal, those longs get liquidated, creating sharp market corrections.
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Discussed a lot of good things today but the stream is not recorded 😬
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Want to see Bitcoin reclaim $112k range lows just like it reclaimed $100k. Then i will be more confident being a bull. Until then its a clean range break.
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$ETH Pullback after that rejection from the previous All time high. Overall the trend is still bullish with price creating higher highs and higher lows. $4150-4350 is a key zone in my opinion.
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I shared my thoughts On $BTC Last week in this article. Its still pretty much the same. Read it here if youre interested 👇
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