About Today:
Today, I tried to provide the best analysis, but unfortunately, it resulted in more than 6-7% loss in ETH and 2-3% loss in BTC. The market trends supported us until morning, but in the afternoon, the ETF pre-session trading opened, and both BTC & ETH moved sideways.
Today, the market didnât follow technical analysis because those with large funds played a big role. BTC market volume was low, but ETF trading volume was high. The BTC market was following ETF trends, not its usual patterns.
Main Reason for the Bad Market Behavior in BTC & ETH :
Last Friday, BTC and ETH experienced 4-5% drops, which also affected ETF performance. Over the weekend, BTC and ETH recovered those drops, but today, when the ETF markets opened 3% higher, the market faced this bad behavior.
Last week, I shared more profitable analyses, but today, my analysis resulted in losses.
Thank You
