It's been almost a month since the last post, and I've decided to write my thoughts on the market $ETH and $BTC
Many people continue to write "what an unexpected drop," trying to justify the columns and glasses. But exactly what I expected happened. The wild overselling hit the market. The house of cards BTC fell and broke through 100k, as anticipated. Many are in panic and are expecting a deep bear market and are dumping their positions.
A simple cleanup is happening, and it will continue for another month or two. Only when the level of accumulation by serious players reaches the necessary point, and institutions are convinced that they've squeezed every satoshi out of the ordinary traders, will everything go up.
My expectations for the month. The most impatient players have already sold off. The smooth pumping of coins continues. In the case of ETH, we will definitely see a rebound to the level of 3800-3900, to leave the most optimistic ones above, and we should go back to 3200-3000 to gather a critical mass for growth - to burn the remaining longs and prepare shorts for mass liquidations. The market will be heavily stormy, and the main task until December is to maintain composure. Not to sell because of one red candle and not to buy during the false euphoria.

