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CryptoPatel
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Crypto exchanges recorded a total volume of $307 billion in May, marking the lowest figure since November 2020.
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Cautious on Bitcoin: Expecting a Sharp Pullback Before Long 1⃣ Current Stance: Cautious on long positions in $BTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation. 2⃣ Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction. 3⃣ Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage. 4⃣ Next Steps: Will provide further updates after additional confirmations are observed. Note: This is NFA. Always DYOR before making any trades. $AVA $LINK
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