*Market Condition Today: 8 Nov - WAIT, DON'T CHASE!*
$BTC
$BNB
$SOL
Let me tell you the real condition of the market, not just price.
*Overall Market Condition: WEAK & THIN*
Today is Sunday, US market is closed. Volume is very low. Out of 121 coins, only 21 are green, 100 are red. This is not a buying market, this is a waiting market.
*BTC Condition: STUCK*
Price: $76,035
BTC is stuck between $74,850 support and $76,364 resistance. 75% traders are Long, but ETF had $412M outflow yesterday. It means big money is selling, small traders are buying. When this happens, price usually goes down to take liquidity.
>
> *SOL Condition: WEAKEST*
> Price: $89.61
> SOL is the weakest. Down -19.5% in 30 days. ETF outflow $114M in last 2 weeks. 78% traders are Long, but price is not going up. RSI is 30.5, near oversold. It is standing on its last support $89.06 (200-day EMA). If it closes below this, next stop is $82.
>
> *BNB Condition: STRONGEST BUT BLOCKED*
> Price: $698
> BNB is the strongest of the three. OI is rising +1.20%, funding is balanced. But it is blocked under $700.84 - $702.88 resistance. It needs a clean break above $702.88 to go to $720. If it fails, it will come back to $680 support.
>
> *What Should My Audience Do?*
> 1. Don't open a trade in the middle. No trade is also a trade.
> 2. Wait for the level: BTC $76,364 / SOL $91.40 / BNB $702.88
> 3. Use 5x Isolated only. Never use Cross and high leverage on Sunday.
> 4. Protect your capital. Saving money is also profit.
>
> I am waiting. Are you waiting with me?
>
> #BTC #SOL #BNB #CryptoMarket #BinanceSquare #TradingPsychology #WaitForSetup
$BTC
$BNB
$SOL
Let me tell you the real condition of the market, not just price.
*Overall Market Condition: WEAK & THIN*
Today is Sunday, US market is closed. Volume is very low. Out of 121 coins, only 21 are green, 100 are red. This is not a buying market, this is a waiting market.
*BTC Condition: STUCK*
Price: $76,035
BTC is stuck between $74,850 support and $76,364 resistance. 75% traders are Long, but ETF had $412M outflow yesterday. It means big money is selling, small traders are buying. When this happens, price usually goes down to take liquidity.
>
> *SOL Condition: WEAKEST*
> Price: $89.61
> SOL is the weakest. Down -19.5% in 30 days. ETF outflow $114M in last 2 weeks. 78% traders are Long, but price is not going up. RSI is 30.5, near oversold. It is standing on its last support $89.06 (200-day EMA). If it closes below this, next stop is $82.
>
> *BNB Condition: STRONGEST BUT BLOCKED*
> Price: $698
> BNB is the strongest of the three. OI is rising +1.20%, funding is balanced. But it is blocked under $700.84 - $702.88 resistance. It needs a clean break above $702.88 to go to $720. If it fails, it will come back to $680 support.
>
> *What Should My Audience Do?*
> 1. Don't open a trade in the middle. No trade is also a trade.
> 2. Wait for the level: BTC $76,364 / SOL $91.40 / BNB $702.88
> 3. Use 5x Isolated only. Never use Cross and high leverage on Sunday.
> 4. Protect your capital. Saving money is also profit.
>
> I am waiting. Are you waiting with me?
>
> #BTC #SOL #BNB #CryptoMarket #BinanceSquare #TradingPsychology #WaitForSetup
