Okay... this market is getting uglier every day.
$BTC is back below $77k, trading around $76,885 and once again getting dangerously close to that $76,325 low.
And look at $NEAR ... down over 10%, already trading at $3.83. Just a few days ago we were watching it struggle around $5.
$ZEC isn't looking any better either. Down 11%, back near $1,136 after almost touching $1,400.
Honestly... i was expecting a recovery from BTC towards $82k before another correction, but buyers are barely managing to defend $76k now.
The 4H structures are still bearish, lower highs and lower lows... and until BTC reclaims $78k–$80k, i don't see any reason to call this a reversal.
I am still interested in accumulating some of these coins for SPOT, but in small amounts. No reason to throw all our capital into one dip when another one could be waiting.
Buddies... protecting capital matters more than catching the exact bottom.
#USMidtermElections
#USOctoberNFP-AreRateCutsStillPossible
$BTC is back below $77k, trading around $76,885 and once again getting dangerously close to that $76,325 low.
And look at $NEAR ... down over 10%, already trading at $3.83. Just a few days ago we were watching it struggle around $5.
$ZEC isn't looking any better either. Down 11%, back near $1,136 after almost touching $1,400.
Honestly... i was expecting a recovery from BTC towards $82k before another correction, but buyers are barely managing to defend $76k now.
The 4H structures are still bearish, lower highs and lower lows... and until BTC reclaims $78k–$80k, i don't see any reason to call this a reversal.
I am still interested in accumulating some of these coins for SPOT, but in small amounts. No reason to throw all our capital into one dip when another one could be waiting.
Buddies... protecting capital matters more than catching the exact bottom.
#USMidtermElections
#USOctoberNFP-AreRateCutsStillPossible
