Thoughts on the market
BTC was shed to the border of the current trading range, which removed liquidity behind the $64,700 level. Buy signals have taken hold at the lower border.
The correction was about 12%, which is not enough; ideally, it would be to take away at least $61k of liquidity. But right now the cue ball is again trading above $66,900, which gives more grounds for continued growth. And the week will close very soon, if he wants to continue growing, then it’s time for him to pull himself higher.
ETH took liquidity for $3426, gave a buy signal for the 4h TF and has already left the upward channel and tested it from above. It looks really good.
TOTAL looks great. It maintained the level of 2.4 trillion.
And TOTAL2 was still brought up to the trend level. As a result, the correction appears complete.
Judging by the mood in the chats, everyone is confidently waiting below. This is good for continuing growth from the current ones.
I re-entered the longs that were knocked out by stops, and partially bought positions on the spot. Once the week closes, I will make a decision on increasing or decreasing positions.
