🛑🛑BTC update very urgent🛑🛑
1️⃣ As expected, it is now happening that BTC liquidity is moving to ETH, and this is very negative. Why is the movement of altcoins so weak and does not give the opportunity to get a beautiful rise or long candles? Unfortunately, no coins are showing negative values as of now, so the current rise is uncertain even with ETH 3800 penetration.
This does not mean that all... Coins are rising because the rise is now an injection of liquidity from SPOT ETF funds for accumulation. Furthermore, with ETH we have strong support that is difficult to break from 71,500 to 73,000.
Furthermore, price fluctuation does not mean that a sharp rise is coming, but there are many people trying to sell, so buying and selling pressure occurs. We are now expected to see a violent correction for altcoins and BTC.
The reason is the trading pressure for several days without stopping and without any correction, which means a continuation of what happened in the area of 65,000 to 67,000. We may also see a violent correction for ETH if the ETFs reject.
2️⃣ Also, don't forget that this increase is not coming from whales, but from ETF companies, and if it were from the big whales, we would have witnessed a strong increase, but ETH is in strong resistance that is almost non-existent. unfulfilled in case of dance.
We will see the zone of 3320 or even 3500, the correction is expected to occur up to 3600, but if the matter continues with reinforcements, it will be clear. Liquidity in this way means that we may witness a violent drop in the coming days.
3️⃣ Also, don't forget the USDT dollar domain fix. The domain will begin to rise gradually. Likewise, liquidity has reached its best areas with the possibility of returning again and penetrating the 2 zone.600. Now we must monitor without entering any