1. BTC.D and Downward Trendline:
BTC Dominance (BTC.D) retesting the downtrend line could be a positive sign for altcoins, especially if BTC.D continues to decline. This often happens when money flows from BTC to altcoins, leading to strong growth in altcoins.
2. Chart Total 3 and uptrend:
The Total 3 retesting the uptrend line along with a strong Weekly candle is a signal that money flow is likely to return to mid-cap and low-cap altcoins. However, the 940B resistance level is an area to watch, as this could be a strong profit-taking area from the market.
3. Risk management strategy:
• Exit at resistance: The exit plan when Total 3 reaches 940B is a reasonable method to lock in profits and minimize risk when the market reverses.
• Don't “go all-in” or exit: In these key areas, it is necessary to keep some capital in the market, especially if there is a possibility of a strong breakout.
4. SOL and ETH:
The volatile price behavior of SOL and ETH, with “bull traps” and “bear traps”, is often a sign of MMs (Market Makers) manipulating to force orders and take liquidity from impatient investors. This further emphasizes the importance of managing emotions and not giving in to fomo in uncertain price areas.
5. Advice on Future:
Futures are high risk instruments, and overconfidence in short term gains can lead to big mistakes when the market moves against you.
Suggest:
• If you are holding long term, stick to your strategy and only adjust when there is a clear change in market structure.
• Closely observe macro signals (news, interest rate policies, large cash flows) to complement technical analysis.
P/S: The market is always full of surprises, maintaining discipline is still the key to success!
