It's all strange...😅
as if there won't be a final climax with a short squeeze (taking everyone out), which I've been waiting for 2 months, but somehow the situation resembles a reversal🤷♂️
Factors for growth:
* oversold (with existing bullish sentiments)
* Diminishing sell-offs (although some altcoins were pushed down normally at the end)
* Absence of strong magnets at the bottom (the main liquidity has been collected, 77 was tested, there are volumes below as well, but... whales might also "ignore")
* a bunch of debts at the top (both liquidity and locked, etc.)
* Cheap $ (American funds have collapsed to their medium-local minimums, I doubt they will fall further😉)
* Fear index (20) and maximally negative sentiments = the perfect time for 📈😉
So it makes you think:
If the sell-offs stop now, large money will start to invest slowly - one, the dynamics will begin to change to bullish - two. Then everyone else will start to pick up positions even larger - there will be an almost hype trend - three.
They might throw it down one more time (for re-entry), but most likely without updating the current lows (likely to some intermediate density), but very sharply and frighteningly😅 (almost in one day, and many will think again about the continuation of the bear market, keep that in mind😉)
Then there will be a quick buyback (over half a day to a day) = V-shaped recovery, and then everyone will load even more into longs. = even greater euphoria, hype. And then - to new peaks🙂 (whether quickly or briefly, but with such fuel, we can grow for a long time) everything depends on accompanying triggers (news, events, etc.) I think up to 100+, and above/not🤷♂️, we will see based on the situation.
MAIN THOUGHT:
DO_NOT_BUY_NOW, we are just observing: if there is a reversal (sharp or gradual, it doesn't matter), we look where the density remains and set limit orders there (in case of a throw). If you WANT TO BE THE FIRST to enter the market at the best prices, then "YOU CAN STILL MAKE IT"!😅 ("Buy the market bottom and get the second as a gift")
