If this month's M candle DOM closes below 57% creating a red Doji, it will continue a strong downtrend towards the 5x-4x regions.
=> That is when we will witness the strongest Altcoin wave of this cycle.
3 touch points of the DOM chart in "Q1/25 -> early Q2/25":
- GOLD Point ~51% expected to touch within the timing (Trump's inauguration -> Asian New Year) and then slightly bounce before declining again.
- GREEN Point & RED Point ~48-40% then I have 2 Plans after:
+ Cut losses + 1 part of profits from the main holding coins to switch to play new trends because the period from mid Q1 to early Q2 could be the phase creating a Ponzi scheme to draw liquidity from the craziest F0.
+ Sell off completely when DOM is closer to 40% +-2% or if FOMO then only allocate a moderate amount of capital and accept losses to join similar patterns to gamefi 2021 or whatever is hot happening in the market at that time.
Looking at 2021, DOM dropping 4 M candles is almost like the uptrend season has already traveled 80% of the way.
=> For now, just hold and set a target to take profit.
#BTC☀️