CryptoSheep

Honestly big intervals are looking bearish as hell and I would expect drop to at least 52 and possible rebound, but if we dip down below it it will mean literal crash on the entire market which will lead to crash on altcoins for at least 3 months from now on- if you got solid projects on spot then fine, but I’m aware that you got many long position open. I’m not saying you shall close your positions on loss, but there is considerably huge probability of it happening. Small intervals such as h1/h2 doesn’t look bad, but I was expecting price too be pushed to 58.4 last night and then down, but we didn’t even enough of buying power to push it above 58k on BTC and many alts managed to fail, so I’m quite bearish over all. We are on the tricky spot really since we got different signals on different intervals. Additionally fear index is extremely down last week, which would potentially look promising, but nothing is stopping us from going even more down as many investors are still bullish despite the fact that long term drop from 70k onto 57k was expectable. Don’t mention ETH ETFs as no one cares and it won’t push the market up really.
Time until Tuesday will be crucial for next weeks really.
Let’s see what the future brings.

$BTC $ETH $SOL

As mentioned yesterday (and last month actually)- we reached 54k (well, way faster than expected) which could be a bad sign, however we fairly quickly rebounded, so it’s not a big deal (yet).

I’ll do some analisis during the weekend with possible scenarios for new week (I assume it may rely on what will happen at Monday, but let’s see what we are standing on). Till Monday I wouldn’t expect big moves and we shall spin around values we are on now, but if we fall below 53k (I don’t count random flash crashes which happen time to time), it will be over really.

I know that it has happened many times already, but we are on different spot now, with different mcap and different distribution as we never had that much coins which take liquidity from legit projects, causing outflow from major coins into garbage (but people still do it since they read news about someone who did x700000 with random bs coin) which turns out to be trash or rugpull (so still trash).

Follow me for detailed analisis (since you can see on my profile that short and long term analisis were perfectly correct).

$BTC $ETH $SOL

Didn’t post anything since Copy Trading has been blocked in my region, however in current situation I just wanted to drop a little message.

Many say that it’s perfect buying area, many say that it’s end of bull market.

Actually due to technical analisis we are on good buying area for BTC and ETH, however looking at many major altcoins we had good buying area according to best metrics like 5% higher than we actually are (I won’t cover meme coins, as they are pure speculative trash coins owned in 50% by whales- I’m not saying that they won’t rebound as they probably will at some point just to pull more cash from commoners, but any analisis is not applicable to these) and we are still going down.

Honestly I can imagine BTC down to 56k (54k is possible, but not sure at this point) and it looks like good place for end of dip, but as mentioned- we dumped more that we should according to data we have as we turned into heavy panic sell mode all around.

I think that it’s good spot for buying generally speaking, but not sure about any long positions.
We are in really not secure spot according to bad mood around crypto, so I would avoid any leverage position now and wait for 54k BTC and verify how does the data and metrics look like (and if we got any chances of quick turn).

I would avoid short also honestly as we are extremely oversold on almost all alts (it doesn’t mean that we don’t go into super hiper extreme oversold area) since let’s face the truth- it’s all speculation without legitimate value standing behind it all.

Trust me, it’s better to wait few days at least before making any moves, since we are on really insecure spot, but I would give like 70% of chance that we go down to 54k. Hard to predict what’s next, but it’s not really optimistic in terms of next few weeks, so if you are expecting legitimate bull run- go check the stock market and find your cozy spot there.

As mentioned- 100% win rate copy trading will be opened again, but I’m just finalizing the paperwork.

$BTC $ETH $PEPE