[Discussion] I don't want to analyze much, because the wave running from 62k2 up to here is still like the analysis below.
To be honest, technical analysis is sometimes right and sometimes wrong, and it also depends on other indicators such as RSI, Vol, liquid heatmap, how to read the chart, ... to determine the trend.
1. Looking at the chart M $BTC , do you see it pulling peak 2???
=>>> It can always be uptrend or bull trap. So peak 2 is at least 69k9. It can pull up to 80k at most.
THAT'S THE REASON I SAID THE 3D TREE IN THE ARTICLE BELOW IS THE TREE THAT WILL SLAP THE SHORT IN THE FACE IN THE ARTICLE BELOW.
2. Looking at the chart M $ETH , what does it intend to do??? What's the point of dumping 1 tree in your face?
=>>> If it's not a bulltrap, then what is it? (Unless MM traps me with this ETH M tree)
=>>> THIS TREE IS NOT A BULL TRAP, IT WILL PULL $BTC UP TO 80k, THEN FORCE DOM AND DUMP IT INTO THE HEAD OF THE ALTCOIN Pile TO THE OLD BOTTOM. SOME OF THEM REACH THE NEW BOTTOM.
Right or wrong doesn't matter, the important thing is that you can make money or not, that's ok.
- Whoever feels it's not okay, then exit.
- Whoever feels it's uptrend, then Hold x10, x100, x1000
Why bother???
P/S: This is my personal view, it may be right or wrong, you can apply it to yourself. (I've been trapped many times in the past, so I often jump back to BTC to defend) Just like that, no need to laugh.
***** Can anyone show me how this tree is, I want to consult.
Meme coin's potential is still very large because its cap is much smaller than Tech Coin. In your opinion, how much will Memecoin in general increase in cap this year?
