Foolish market, they say learning has no end, this is an endless decline. In the cryptocurrency circle, money is spent like dirt, life is about patching things up, in this market anyone who buys the spot will lose money. Before buying, it all looks like a major upward wave; once you buy, it starts to consolidate; once you hold, you are stuck; once the pattern sets, it starts to correct by 80%.
Summary for the evening:
1: If Bitcoin's rebound is weak, don't try to catch the bottom. Even if it stops falling, there will be big spikes, which align with the interests of the manipulators. Don't enter without clear signs of volume increase. There are two strong support levels below: 66527, 65256, let's wait there.
2: The era of spot trading is gone and won't come back. Holding altcoins and long positions in contracts is a life of a retail investor. The cryptocurrency market is dead; apart from Bitcoin, other coins have no value. In the primary market, 10 new projects appear every 30 seconds! In the secondary market, even cats and dogs are listed.
3: Ethereum has shown no signs of stopping its decline. Currently, the order points can be placed at two support levels: 2380, 2351. For now, these are good positions for short-term bottom fishing.
4: When Bitcoin rises, altcoins remain still. When Bitcoin drops slightly, altcoins plummet. In a short-term attempt to catch a big upward candle, we've ended up with four big downward candles. This is harder than eating poop. The manipulators of altcoins think, finally we’ve tricked this group of retail investors onto the bus; don’t think it will be easy to break even.
5: Sol is sliding down smoothly, there is no support to speak of. Let's place orders at two points: 158.28, 153.42 and see.
6: Doge is currently in a downward trend. If Trump is elected, it may rise significantly. Of course, if he fails and ends up in prison, it will just keep falling. Currently, we need to focus on strong support; Doge's strong support is 0.137 and 0.128, consider entering long.
If even these orders lose money and position control is at 5.5, then there's nothing more to say, we can only say the market is foolish.
