CRYPTO MECHANIC
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Bitcoin is stuck around 95k for a week around last month’s high. It’s not able to break out yet. Just one move up to liquidate bears calling for $70k and now stuck at key supply zone. Something I don’t like to see. If we really are back in bull market. I think the market should keep pushing higher.
Many altcoins are also slowing down. They were moving strong a few days ago, but not anymore.
I really want to see a dip caused by late long liquidations. That kind of drop can give us a great chance to buy cheaper and catch the bounce.
Not going to hold anything for long term. Will just play short term moves that too as long as we are trading above 88k - 90k.
Many altcoins are also slowing down. They were moving strong a few days ago, but not anymore.
I really want to see a dip caused by late long liquidations. That kind of drop can give us a great chance to buy cheaper and catch the bounce.
Not going to hold anything for long term. Will just play short term moves that too as long as we are trading above 88k - 90k.
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SUI
3.7525
-4.80%
VIRTUAL
1.9185
-4.99%