I’m interested in buying this pullback, but I’m not rushing.
BTC is down 2.18%, while ETH falls 3.87%, SOL 3.47%, and NEAR 7.91%. BTC is holding up better among these coins, while altcoins face heavier selling pressure.
My view: lower prices deserve attention, but a red market alone is not a buy signal. NEAR falling almost 8% does not automatically make NEAR the best bargain. I want buyers to defend support and establish a higher low.
For a short-term trade, I would wait for a 4H close above the latest lower high, followed by a successful retest. One green candle is not enough to confirm a reversal.
For longer-term spot buying, my preference is small, spaced purchases with cash reserved for further declines. Going all in assumes the bottom has arrived before the market confirms strength.
I still see potential buying opportunities, but patience matters. If support keeps breaking and rebounds keep failing, I would wait.
My focus is a clear entry, a defined exit, and a position small enough to manage if prices fall further.
#CPIWatch
BTC is down 2.18%, while ETH falls 3.87%, SOL 3.47%, and NEAR 7.91%. BTC is holding up better among these coins, while altcoins face heavier selling pressure.
My view: lower prices deserve attention, but a red market alone is not a buy signal. NEAR falling almost 8% does not automatically make NEAR the best bargain. I want buyers to defend support and establish a higher low.
For a short-term trade, I would wait for a 4H close above the latest lower high, followed by a successful retest. One green candle is not enough to confirm a reversal.
For longer-term spot buying, my preference is small, spaced purchases with cash reserved for further declines. Going all in assumes the bottom has arrived before the market confirms strength.
I still see potential buying opportunities, but patience matters. If support keeps breaking and rebounds keep failing, I would wait.
My focus is a clear entry, a defined exit, and a position small enough to manage if prices fall further.
#CPIWatch