$THETA good this message is to highlight important aspects and contribute to the peace of mind of those with little experience in the market.
Here are some important points .!
1) do not panic obviously we are in a correction which has been more than 15% but we must take into account the following aspects
A) BTC remains at historical highs and is only forming a possible range to continue the upward momentum
B) the dominance of BTC remains above 59% which indicates that we are not yet in an alt season
C) the market has reacted generally due to macro catalysts
2) theta has broken the bearish trend of about 9 months and since it did not manage to exceed the resistance of 1.65 the price has turned to correct, confirming the breakout to subsequently continue upwards.
This correction could be one of the few last opportunities to buy theta cheaply in theory
In conclusion, in general, many are bullish in times of momentum, but I have decided to give a technical perspective that helps you to maintain your tokens and be persistent.
Finally, if we look at the volume in 4-hour timeframes, we can observe a considerably high volume compared to what we have seen all these weeks, which indicates that we are in a strong impulse and that it is only a matter of time before continuing the bullish run.
In the next hours, theta may stop or retrace strongly, but it all depends on BTC and the market in general, but if we look at the charts from weekly and monthly timeframes, we are getting close to a very strong bullish moment.
Blessings.!