As we said in the last post, now we expect a slight rebound and slight consolidation, followed by a continuation of the fall. In fact, the potential for a fall is not so high, so shorting against the general growing trend is not a good idea.

Now the best strategy is to add positions to a medium-term portfolio, which is what we are doing now.

📊 So, let's move on to the facts:

1. The DXY dollar index began to grow after the formation of the Double Bottom pattern with the base at the key mark of 100 points.

2. Index of fear and greed at neutral levels. As a rule, a local bottom is formed at the fear values ​​of a given index.

How does this index work 👉

3. Funding is strictly positive. This means that the majority of market participants hold margin longs. This can also be seen from the official data of the Binance exchange.

4. Technical analysis indicates more completeness of the fall. We have already said this in more detail in the previous post, so we will not repeat it.

5. Lack of news growth drivers.

🧠 In general, this does not mean at all that we will continue to fall. Therefore, you definitely need to have at least some position in case of growth. If you are reading us, then most likely you are ready for any developments in the market.

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