The market has picked up a bit, closing exactly at 50% of the pending imbalance since December 19, after liquidating positions taken based on it.

Everything seems to be on track 💰.

The daily candle, for its part, has closed exactly at 70% of the size of its body, showing good buying volume and decision. What I indicated was necessary in my posts today.

Now, we may be seeing a slight correction, as I mentioned earlier, looking to gain momentum at the support left by the downward channel that has been forming since December 11, 2024 ($99,748) and thus continue its great rise.

If I had to consider what could be the deepest level of this small correction, I would dare to point out the support at $99,368; although it is not strong, it can easily serve as momentum for the price increase, strengthening for later touches.

However, I do NOT believe that the price will drop to these levels anytime soon; I mention it only if you are questioning the "worst-case scenario" before reaching a new AHT. It is much more likely to bounce at $99,748 or simply lateralize until Monday.

We are at the weekend; it is necessary to wait for this day, where regardless of the details of the position-taking, only the FOMO would be driving the price to reach and perhaps exceed the current AHT.

It is time to re-check our portfolio, assess if any modification is necessary, and after feeling secure/comfortable with it, relax, take a breather, and wait.

Take this weekend for yourself; the coming week is loaded with uncertainty and perhaps a lot of volatility. You must have your emotions well-regulated.

Happy weekend and much prosperity in your wallet. Until Monday. 🍀