Quick assessment $BTC 3/8 :
- BTC continues to drop to 111xxx and today is quickly bouncing back to 113xxx. This is the accumulation zone 111-115 that I mentioned yesterday. However, during this phase, I haven't made any additional trades and am mainly observing the market; the call orders for Long 113-114 are not concerning as BTC will soon rise back to 114xxx today and tomorrow.
- Regarding the larger frames, BTC is looking very poor as there hasn't been a strong enough rebound to change the chart, so whether BTC will have another drop is very hard to say.
- ETH has also returned to the 3k3 range and BNB has dropped to the 72x range, as I mentioned a few days ago, everyone can accumulate from this price range quite well.
- In summary, in the coming days, the market will have a slight recovery. By the end of tomorrow and the day after, several important candle frames will close. I will update everyone later.
- The detailed plan will be continuously updated for everyone in the future.
Wishing everyone victory