I actually like the market we have right now.
It has been a while since we’ve seen a market like this, where even news that could have a strong negative impact and trigger significant corrections is being absorbed relatively easily by the market.
The CLARITY Act is a good example. The Senate failed to advance it, and the market did react with a sharp move lower. But despite the negative news, we didn’t see a much deeper drop than we could have expected.
To me, that is interesting. The possibility of the bill not moving forward was already partly priced into the market, so when it actually happened, the reaction was limited compared with what could have happened.
Personally, I used the dip to buy $ETH with a limit order I had already placed earlier. I’m also looking at buying more around these levels if we get another opportunity.
For those who are also interested in what I’m watching and doing in the market right now, I’ll start sharing more of it in my Binance community, including the positions I’m considering, the levels I’m watching, and what I’m looking to do during future dips.
It has been a while since we’ve seen a market like this, where even news that could have a strong negative impact and trigger significant corrections is being absorbed relatively easily by the market.
The CLARITY Act is a good example. The Senate failed to advance it, and the market did react with a sharp move lower. But despite the negative news, we didn’t see a much deeper drop than we could have expected.
To me, that is interesting. The possibility of the bill not moving forward was already partly priced into the market, so when it actually happened, the reaction was limited compared with what could have happened.
Personally, I used the dip to buy $ETH with a limit order I had already placed earlier. I’m also looking at buying more around these levels if we get another opportunity.
For those who are also interested in what I’m watching and doing in the market right now, I’ll start sharing more of it in my Binance community, including the positions I’m considering, the levels I’m watching, and what I’m looking to do during future dips.
