If we really enter a retracement phase, then it will return to the bottom of the month in the range of 52k-62k. Then alts must also go down to that level. The speed will depend on the coin. So when it hits the range of 52-62, alts and memes will lose 40% from this price, mostly like that. Not all of them, because there must be some coins to make a play for the home traders to ride.
This week, I don't know how many friends can escape disaster. Anyone who sees this post, please give a comment or a like to see how many friends follow the ad plan so that later we can plan a bit more carefully, otherwise we might create karma 😅
I guess all the short sellers have taken their profits already, sir.
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$XRP Asia cannot save the market, proving that Asia is weak. The longs are choking on their losses while the shorts are rolling in riches, really frustrating.
Prices are running ahead of the news. 30/1: The Fed announces its interest rate decision (2 AM Vietnam time) and holds a press conference on the upcoming direction of interest rates. 30/1: The EUR market also announces its interest rate decision (8:15 PM Vietnam time).
30/1: 8:30 PM Q4 GDP.... A lot more data from the US. Feel free to sweep across and sideways.