🌞GM, good morning everyone!
$BTC Yesterday’s CPI data came out and seemed pretty negative, but from what I can see, selling pressure is still quite weak. It hasn’t broken through 80 down to 79-78-77, so it doesn’t really signal anything yet. Altcoins are weak too, but they’re not dropping sharply; they’re just moving sideways, as if accumulating on the higher timeframes, and buying pressure still looks strong.
As for $NEAR , see the image and post below (I’ll probably get called an idiot again 😂)
$BTC Yesterday’s CPI data came out and seemed pretty negative, but from what I can see, selling pressure is still quite weak. It hasn’t broken through 80 down to 79-78-77, so it doesn’t really signal anything yet. Altcoins are weak too, but they’re not dropping sharply; they’re just moving sideways, as if accumulating on the higher timeframes, and buying pressure still looks strong.
As for $NEAR , see the image and post below (I’ll probably get called an idiot again 😂)