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Bullish
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Daily close above 0.04117 would make us bullish on daily tf on
$ETH
/
$BTC
after 3 years. And end the
alt
bleeding cycle and kick off a vicious cycle.
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ETH
3,701.8
-4.71%
BTC
97,595.79
-1.39%
2.6k
0
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This was a reason I always recommend spot and low leverage trading, and manage your risk because of high volatility. I feel the pain, but if you're expecting to get rich quick this game is not for you, tough words but I have to say them. Now dont get shaken out by this. Now, dominance being rejected at horizontal line, funding almost reset and most altcoins forming their lower highs which could make the next leg up the only logical outcome $BTC $ETH $SOL
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Biggest liquidation event in the history of crypto market but overall healthy as told earlier.
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Due to a strong pump in $BTC dominance we saw major correction in Alt coins. In the last 24 hours Total liquidations comes in at $1.17 Billion. Such shakeouts are normal in a bull market. New investors should consider buying during these dips If you missed before, now you got the opportunity to buy. Focus on quality projects
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Your portfolio going down is not a loss. The real loss is when you receive an email saying, "Your Account Has Been Liquidated." Crashes in the crypto market are part of its natural cycle, and volatility, i.e. sudden pumps and dumps, are the nature of this market. Remember, every successful investor knows that market ups and downs are opportunities to learn, adjust, and grow. Patience and a long-term perspective are the keys to overcoming these challenges. Never let temporary setbacks overwhelm your self-confidence! *Stay strong Always Invest your extra money in crypto*
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This dump is necessary so that the rotation of $BTC into Altoins can take place. After that, your bags will pump at a level last seen 4 or 8 years ago imo. 🧘 🎯Patience.
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