$BTC Monitor a potential minor structure After the channel breaks down, price continues lower and the slope changes noticeably Price enters the previous range’s POC, wicks down to the low, then rebounds Watch for price to form a range and a potential false breakdown
If ideal price action appears, consider entering a long position
$PONS There are some signs of a reversal. The downward slope has shifted. Some positive news emerged this morning, and the rebound broke above the previous rebound high.
However, the relative accumulation of positions is still somewhat weak. I’ll keep monitoring it and won’t rush to enter.
If it consolidates within a narrow range again and then breaks higher, I’ll consider taking a bullish view. https://x.com/SanMuTrader/status/2110397619176615966
$PEPE is definitely worth keeping an eye on in the near term. A comparison of PEPE and BTC price movements shows that PEPE has been significantly more volatile than BTC recently (Figure 1). It has made several strong upward moves, but has been held back by market-wide pullbacks. Still, whenever the market shows signs of recovery, PEPE is one of the first to lead the charge.
The daily chart shows that the cost-basis clusters on the right are concentrated near the bottom, and accumulation is fairly strong. If the broader market recovers and PEPE itself enters a structural breakout phase...
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Most people judge certain people and things based on current results. https://x.com/i/status/2115012703664099716