The bleeding is far from over.
Since the CPI data came out, some of these coins have been crashing much harder than expected. Most have already lost their strength, and the selling pressure is still continuing.
Many of them are trading very close to their ATL. With momentum already weak and the overall trend bearish, further downside is not surprising.
These coins are already in a clear downtrend.
So, avoid FOMO longs for now. Don’t rush into buying dips. More downside is still expected.
$ON
$PARTI
$JCT
Since the CPI data came out, some of these coins have been crashing much harder than expected. Most have already lost their strength, and the selling pressure is still continuing.
Many of them are trading very close to their ATL. With momentum already weak and the overall trend bearish, further downside is not surprising.
These coins are already in a clear downtrend.
So, avoid FOMO longs for now. Don’t rush into buying dips. More downside is still expected.
$ON
$PARTI
$JCT
