Do you think the market is bullish? ๐ Yes, it appears bullish in the short term due to recent positive news. However, when considering the broader economic context, the market sentiment remains bearish. We anticipate that the market will move within a range of $52k to $66k until June, exhibiting sideways movement.
Given the current conditions, it could be a favorable opportunity to accumulate more assets using Dollar-Cost Averaging (DCA) strategy. ๐ฐ However, it's essential to remain cautious and assess the risk associated with market volatility.
We anticipate a shift towards a more bullish market sentiment around June, coinciding with anticipated announcements and developments. Therefore, investors may want to stay informed and consider adjusting their strategies accordingly. ๐"