Bitcoin (BTC)
Needs to break above $64,000 for a strong upside move.
Support zone between $62,000 and $59,700 is a potential buying opportunity for a potential bull run.
Ethereum (ETH)
Recent price action is following the trading plan.
Holding above $3,300 could lead to a rise towards $3,600.
Falling below $3,300 could see a drop to $3,000.
Overall Market
Total market capitalization needs to bounce at $2.23 trillion to indicate a potential long-term bottom.
Short-term downside is still possible to reach the target support level.
Imp Events
Ethereum approval expected this week, potentially impacting prices.
Upcoming presidential debate could bring more attention to cryptocurrencies.
Overall Sentiment
The post suggests potential bullishness for Bitcoin and Ethereum if key support levels hold and there's a bounce.
A short-term price dip might be necessary to reach these support zones before a potential rise.
Patience is Key in This Rollercoaster Ride
We all know there will be red days, but sometimes we forget to plan for them. It's easy to get caught up in the excitement and forget that this isn't a gamble.
Losing a trade is never fun, but letting that feeling control your next move is a recipe for disaster. Don't chase losses trying to get back to even. Focus on being on the winning side more often in the long run.
It's normal to feel frustrated and even scared when the market takes a nosedive. But remember, everyone goes through this. We're likely nearing a bottom on many coins, but impatience is the enemy.
There will be ups and downs, but the overall trend is still bullish. Believe in the long-term potential of crypto. A few weeks of quality trades can rebuild your confidence.
Nobody Wins All the Time
Anyone claiming to be a perfect trader is simply lying. Losses are inevitable. The key is to minimize them and focus on building your overall wealth over time. This is a marathon, not a sprint.
Stay focused
Stay Strong
We're in This Together!
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