Is it time to accumulate or to wait?
The market is giving us mixed signals today with $BTC holding key supports, but the real action seems to be in the altcoins.
I have been closely watching the movement of $ETH and $BNB in the last 24 hours.
On a technical level, we see an interesting consolidation. If buying volume increases in the upcoming sessions, we could see a test of the upper resistances. However, we must not neglect risk management; the crypto market always has surprises.
My current strategy:
1- Maintain strong positions in solid projects.
2- Leave some liquidity in $USDC in case there is a correction to take advantage of.
3- Monitor daily closes to confirm the trend.
What do you all think? Do you believe we are on the verge of a new rally or is a healthy correction due before continuing to rise? 👇
#CryptoAnalysis #BinanceSquare #TradingTips #Bitcoin
The market is giving us mixed signals today with $BTC holding key supports, but the real action seems to be in the altcoins.
I have been closely watching the movement of $ETH and $BNB in the last 24 hours.
On a technical level, we see an interesting consolidation. If buying volume increases in the upcoming sessions, we could see a test of the upper resistances. However, we must not neglect risk management; the crypto market always has surprises.
My current strategy:
1- Maintain strong positions in solid projects.
2- Leave some liquidity in $USDC in case there is a correction to take advantage of.
3- Monitor daily closes to confirm the trend.
What do you all think? Do you believe we are on the verge of a new rally or is a healthy correction due before continuing to rise? 👇
#CryptoAnalysis #BinanceSquare #TradingTips #Bitcoin