The current Crypto Market Trend has shown some concerning signs recently, as Bitcoin breached the significant support level at $28,100. As we navigate these market movements, it's crucial to exercise caution and await the potential return of Bitcoin's price to retest the ascending symmetrical triangle trend-line. Such retests often signal momentum shifts.
Once Bitcoin successfully tests this trend-line, we might observe a resurgence in bearish crypto price momentum, driven by short sellers. Drawing from my experience, I remain inclined to withhold trading decisions until we witness a fully bullish stance from Bitcoin, even when considering its performance against the Satoshi pair.
