Warning: This current market structure has historically led to downside. 📉
While many see sideways movement, the mixed EMA alignment in a strongly bearish bias with rising OI indicates potential traps. The 'standard discovery phase' can also lead to capitulation.
Capital preservation is key. Don't get caught chasing pumps. $BTC Dominance at 59.2% suggests altcoins are vulnerable.
Where is your bottom target for $BTC? Share below. 🎯
While many see sideways movement, the mixed EMA alignment in a strongly bearish bias with rising OI indicates potential traps. The 'standard discovery phase' can also lead to capitulation.
Capital preservation is key. Don't get caught chasing pumps. $BTC Dominance at 59.2% suggests altcoins are vulnerable.
Where is your bottom target for $BTC? Share below. 🎯