Uncle B has been slowing down lately, the market is quite bleak except for some fish-catching brother :))))). In general, the money of the bookmakers goes back to the pockets of the bookmakers, everyone shouldn't trust news like this, see it as a reference channel.

Soon closing M, uncle is very uncomfortable, the spread is quite wide aimed at wiping the thank amount of everyone. I must say that many altcoins have had 5 to 6 consecutive red candles on H4.

Uncle's trend is still up. But: it is in a secondary downward corrective trend. It is very clear that there has been hidden divergence in the W frame. Therefore, correction is soon and everyone has already witnessed the early phase.

For now, in a few days next month, the likelihood is high that uncle will be green, going to wipe the lid around 107k. And I hope that in a few days to next week, uncle will wipe 101k to fill some indecisive candles, then will go up to 107. After that, it will decrease for correction again.

I think the condition for uncle to continue the upward trend is to create a double bottom pattern. Uncle has broken 105k, so the levels 100k-98k are nothing.

What to do?

At this time, going long or short alt is extremely difficult, technical analysis is just luck for everyone, if futures manage capital really well, don't rush in to catch a bottom there.

Today I see ENA wipes the account nicely, touching support 3 frames, see a bounce to enter 30% long, combined with lid 107k. But I see the reaction support is too weak, luckily I got out in time otherwise it would be a disaster.

Spot: everyone choose a reputable asset, SUi, ENA, OP.... wait for a correction opportunity to gradually enter. The W frame FVG is still not filled. The big guys are still playing a lot, so don't worry.

This is a long post, everyone please understand. I just recovered from COVID. Please take care of your health, and also protect your wallet.

PERSONAL OPINION, for reference only. I still have a lot to learn, so if anyone has different perspectives/knowledge, please share so that I can learn with everyone.