There is no significant momentum in the market; the current activity is primarily driven by liquidity extraction. Overall market sentiment remains bearish, and inexperienced traders risk losing their capital today.
Let me break down what transpired in the market. There's a common notion that Ethereum tends to surge after a Bitcoin rally. Consequently, investors who took profits from the Bitcoin rally likely reinvested in Ethereum. However, this time around, the game plan was different. Market makers are always one step ahead, leaving individual investors like you as mere 'sardines' in a vast ocean of wealth. #btc#Eth
🔍 Entry Strategy: ✅ Breakout Trade: A push above $0.693 could drive WIF to new highs, aiming for $0.720 and beyond. ✅ Pullback Entry: A retest of $0.660 - $0.670 may provide an optimal long entry before the next leg up. ✅ Profit Targets:
TP1: $0.700
TP2: $0.720
TP3: $0.750+
📢 Market Outlook: WIF is experiencing a parabolic move, with strong buying volume pushing it higher. A break above $0.700 could trigger a new rally phase, making this a crucial resistance level to watch!
🔥 Is WIF about to explode past $0.70? Get ready for the next big move! 🚀🔥
yes same pattern I took the short yesterday and it worked, I'm following the same pattern it will go up than down and than again will push towards final all time high
Bitcoin Hodler
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This #Bitcoin cycle is remarkably similar to 2020-21 In both returns and days since the bottom.
Bitcoin did a 3x from this point to hit $64K last time. 3x from here would be $300K.
hello sardines market is going down and no one will be able to save you today you are just too delicious for them happy dinner time whales !! #xrp #btc
Yesterday, I accurately predicted a final surge in alternative cryptocurrencies like XRP before a potential downturn. I now urge investors to secure their profits and avoid greed. Historically, alt coins experience significant declines following pumps, presenting opportunities for strategic re-entry. Consider shorting XRP between $2.90-$3.40, as it's unlikely to exceed this range. #xrp $XRP 💰
$BTC shorted! Betting everything I have Actually, it seems like every wave of a bull market and bear market follows a surprisingly similar pattern.
From March 2020 to July 2021, the big coin broke out, but many people were afraid to get in, fearing it was too high. The correction from July 2021 to October 2021 led many to believe the bull market had ended. From October 2021 to May 2022, there was a surge due to external news, but during this time, more people believed in an eternal bull market, and the market began to correct as expected. From May 2022 to January 2023, it dropped from 70,000 to about 47,000, then from 40,000 to 30,000, and from 30,000 to 15,000. From January 2023 to April 2023, this can be considered the first unilateral movement, followed by correction and volatility. 23 From September 2023 to May 2024, the second unilateral movement begins, followed by a volatile correction. From October 2024 to now, the third unilateral movement.
Why does a wave of bull or bear market have two or more unilateral rises and falls? It's a reflection of human weaknesses; during the first wave of increase, most people are afraid to get in. During the second wave, due to human greed, they buy at the highest point, and during the decline, they are filled with illusions, lacking patience and eager to break even, trying to catch the bottom halfway. When the true right-side pattern emerges, fear prevents them from getting in again.
So, I think this wave is about over, and in the next month or two, the bull market will officially end.
$BTC shorted! Betting everything I have Actually, it seems like every wave of a bull market and bear market follows a surprisingly similar pattern.
From March 2020 to July 2021, the big coin broke out, but many people were afraid to get in, fearing it was too high. The correction from July 2021 to October 2021 led many to believe the bull market had ended. From October 2021 to May 2022, there was a surge due to external news, but during this time, more people believed in an eternal bull market, and the market began to correct as expected. From May 2022 to January 2023, it dropped from 70,000 to about 47,000, then from 40,000 to 30,000, and from 30,000 to 15,000. From January 2023 to April 2023, this can be considered the first unilateral movement, followed by correction and volatility. 23 From September 2023 to May 2024, the second unilateral movement begins, followed by a volatile correction. From October 2024 to now, the third unilateral movement.
Why does a wave of bull or bear market have two or more unilateral rises and falls? It's a reflection of human weaknesses; during the first wave of increase, most people are afraid to get in. During the second wave, due to human greed, they buy at the highest point, and during the decline, they are filled with illusions, lacking patience and eager to break even, trying to catch the bottom halfway. When the true right-side pattern emerges, fear prevents them from getting in again.
So, I think this wave is about over, and in the next month or two, the bull market will officially end.
🚨 🚨 🚨 bull market started when solana was at $13 now it's just distribution time, you all new comers will regret big time once I've also fallen in trap please protect your funds and only do future trading don't invest for long term it's a trap.
Good analysis these all clowns laughing on you will cry
MoneyTitan
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Bearish
Get ready for the dump in 2 hours. BTC will go to 88k, and all alts except few hyped one to see -15% to -30% down. Be prepared to panic sale, have zero balance (futures).