BTC
$BTC closed the weekly candle as a red candle, this is the 3rd candle in a row, currently the candle close price is still stable as the price is still above the EMA7 line.
It can be seen that the two#Bullvs#Bearfactions are fighting very strongly, as the candlesticks for the entire 3 weeks are quite long. I think there is also a strong contraction in the 60Kxx zone because in the previous cycle, the two ATH peaks of $BTC were in this zone. The creator will draw a nice chart of this zone so that next season we can see that there is a strong support zone here.
We are in the Bullrun phase so we expect the price to run faster, however if you remember, not only $BTC but other#Altcoinsthat want to rise out of resistance need to have multiple tests to go up. Because the market always has two sides, Bear and Bull, each side wants to protect their side, along with forming a stage for technical analysis, but the Chart only increases or decreases sharply, without following any rules, who cares? Believe in the market too, right?
=>Currently, Wall Street has jumped in, so the price of BTC will not fluctuate strongly, but will be like how it did in mid-2023, not falling sharply, AE. You can use PTKT to see which ones have good entries. If you like them before, then gradually BUY them. Those that have a reputable Backer and MM behind them will only decrease to a certain level and then the price will be supported. There will be no reduction in sml. , so don't worry too much.
For me, I would normally be confident in DCA if PRICE has dropped 60% from the peak and it has reached FIBO 236.