Good morning everyone,
Usually, the position where Altseason occurs most often will be in the position where it's worst.
This is exactly that position.
In this position, it will tend to go deeper into the ground. And before it goes deep into the ground, Altseason will occur.
MM plays it right, if you have the guts, come and try it 🥶🥶
Just to let everyone understand, wanting to x5 x10 is not that easy.
According to my observation, DOM is almost maxed out (due to the selling force of BTC moving to Altcoin quite a lot, so DOM is probably only going to push up a little above here)
Last night, after pushing it down, there was a very strong buying force.
Check the h4 chart, there are quite a few parallel candles that sold and bought back immediately (liquidating Long positions and then going back up right away)
So according to my calculations, 3200-3300 is the lowest position in this sweep.
This setup probably won't pull until after the lunar new year (However, it does not rule out the possibility that MM wants to close the M and Y candles nicely at 100k by pushing up to 100k right at the time of closing the candle. Let's wait and see 🤣🤣🤣)
7 AM tomorrow will be a long time KKKK