A Pullback Looks Healthy From Here
After such a strong bullish rally across the market, I’m now expecting a 3–10% correction/retest on many coins.
$BTC , $ETH , $SOL , #BNB , #XRP , #ZEC , #DOGE , #ADA , and major alts have already made aggressive moves, while several alts are sitting 10–18%+ higher today.
This doesn’t automatically mean the bullish trend is over.
A pullback after this kind of expansion is normal and could allow the market to cool down, retest breakout zones and build the next structure.
For now, I’m not chasing these pumps.
Let the market retest. Let better entries come to us.
After such a strong bullish rally across the market, I’m now expecting a 3–10% correction/retest on many coins.
$BTC , $ETH , $SOL , #BNB , #XRP , #ZEC , #DOGE , #ADA , and major alts have already made aggressive moves, while several alts are sitting 10–18%+ higher today.
This doesn’t automatically mean the bullish trend is over.
A pullback after this kind of expansion is normal and could allow the market to cool down, retest breakout zones and build the next structure.
For now, I’m not chasing these pumps.
Let the market retest. Let better entries come to us.
