The market is currently in a recovery phase because it has already forced many investors out and liquidated a large number of positions. With many traders now wary of further drops, there are fewer people willing to take on high-leverage or long positions, especially after the recent downturn. The focus now shifts to targeting those holding short positions, as the market has already shaken out the weaker hands.
This most recent dip was strategically timed to scare off traders who would have profited if prices continued rising, potentially costing exchanges large payouts. Another dip right now would be less effective, as there are fewer traders left to liquidate, and it could be too expensive to execute. Market makers are playing a smart game: they want to maintain a level of fear but also restore some optimism to keep investors from completely abandoning the market. After creating doubt, they’ll gradually rebuild confidence before any further drops.
In my view, this is the moment to buy the dip before the opportunity fades. If you're looking for coins to consider, here are some suggestions:
$MEME at 0.013-0.014, with a target of 0.035-0.04
$DYDX at 1.9-2, with a target of 4-5
$C98 at 0.2-0.21, with a target of 0.6-0.7
You can thank me later. 💪🏻🚀
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