$SEI Looks so weak. i'll be more confident on this chart if | CRYPTO MECHANIC en Binance Square

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$SEI Looks so weak. i'll be more confident on this chart if it reclaims $0.5366

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SEI

0,4403

-16.30%

14k

0

Respuestas 5

Cotización 2

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Once this is over there will be some great opportunities for the next leg up. so make sure you don't blow your accounts using high leverage trying to guess where the bottom is.

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It's a pretty good Spot to deploy some Capital in the market in my opinion 40 -50% discount on average is so good.

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If you're holding Altcoins on Spot, I don't think you should panic knowing that Altcoins are down 40-50% on average from the last peak. It's not going to zero. this is the third sell off without any significant bounce. I do think there will be a good bounce soon. Remember we are still in bull market , $BTC Is still close to $100k. If you're on Spot, Take no worries.

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Got a few comments asking me if I'm buying or not. No not buying. I probably won't do anything until next week.

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Based on the current market situation , I would suggest you to study this article on market structure. If you're holding Altcoins. Apply this on your Altcoin charts. Preferably Daily and weekly charts.

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