$BTC
$ETH
Just a few more points and the market sentiment will fall into extreme fear, guys. The lower zone of 20 that we discussed yesterday might actually be the buying point instead of 27 like the random guess we made 😂
The strange thing is that the price of BTC is still much higher compared to the zone in April, proving that the price support is very strong.
But the sentiment is 'nervous' – just a couple more points and we could return to the bottom of April.
For me, if a downtrend really happens, the trading volume will not increase steadily like this – it will be more like silence, stagnation, and no one wants to buy.
But right now, the volume is steady and thick, indicating that MM is still playing the game, just releasing small amounts to break the sentiment, taking out Long liquidations, while the T4 accumulation zone has not been completely sold out.
If it were completely sold out, the price would have to break the T4 accumulation zone along with panic sentiment, right? 1 evidence that BTC in particular or Crypto in general is still continuously growing. What do you think? 🤔
$ETH
Just a few more points and the market sentiment will fall into extreme fear, guys. The lower zone of 20 that we discussed yesterday might actually be the buying point instead of 27 like the random guess we made 😂
The strange thing is that the price of BTC is still much higher compared to the zone in April, proving that the price support is very strong.
But the sentiment is 'nervous' – just a couple more points and we could return to the bottom of April.
For me, if a downtrend really happens, the trading volume will not increase steadily like this – it will be more like silence, stagnation, and no one wants to buy.
But right now, the volume is steady and thick, indicating that MM is still playing the game, just releasing small amounts to break the sentiment, taking out Long liquidations, while the T4 accumulation zone has not been completely sold out.
If it were completely sold out, the price would have to break the T4 accumulation zone along with panic sentiment, right? 1 evidence that BTC in particular or Crypto in general is still continuously growing. What do you think? 🤔