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Gdpredador
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the market falls without volume, the only big volume is in the absorption candle. There's only one name for this and I'll tell you what it is, it's called: buyer (bullish)
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If the seller keeps pushing, I don't know if bitcoin will survive until the interest rate decision. market is on the brink. At this point in the championship the bulls are in a cold sweat.
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I'm going to ask you the following question, the crypto market has been in a bull market for over a year, climbing the ladder, at the crank. I'm going to take an asset that has appreciated little like Matic/polygon. In all this time of high the asset barely managed to double its value. if the market melts now. he had returned to what his price was at the beginning of the cycle. there are many currencies that skyrocket like xrp. but there are good coins that they were unable to confirm. Do you think they're going to crush the price so much that they're going to throw the price at what it was worth at the beginning of the cycle? that doesn't make any sense. to mean. If that happens, you're telling me that all the money that came into cryptocurrencies in over a year has gone out. a correction is healthy. Now seeing the market sink is not a good sign. so if you really believe that an altseason is coming, you imagine that prices shouldn't come much lower than that
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The interest rate decision could be a shot in the arm, but bit oin won't be able to get there. this region is exceeded. I will liquefy all my altcoins. I will only keep the tokens, the leveraged positions I will close.
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I will be back soon. I am redoing analyzes and looking for ways to protect myself against further losses. We are waiting for US interest rate decision
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I had a hedge to protect my buying positions, but I undid it when the market started to rise. then he was discovered. I'm changing my portfolio and trying to protect myself from possible losses and redoing the analysis. I'll be back soon to answer everyone. But I reaffirm, I maintain my buying positions. but I have a stop in place. If the position no longer makes sense, I will be liquidated.
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