โBitcoin, meanwhile continues to indicate a reversal.
๐ As I noted on April 6: "Multiple factors from an overheated funding rate to volume delta are pointing to the need for a correction", at the moment, the current situation is leaning more and more to the downside: significant capital outflows from ETFs continue, growth is taking place on lower and lower volumes, and there is a lot of manipulation of highs on the chart - as I've told you many times before, a major player is creating them intentionally in order to knock the buyer out of the market and set a short.
๐ For the last 60 days the manipulator kept the price in the sideways $60.000-$70.000, accustoming the general mass of traders to buy back every pullback and shorting immediately after the growth slowdown - this will "ruin" them: on average, it takes about 2 months to form a habit, and as soon as the big player is convinced that the crowd is ready to buy back every pullback with shoulders, he will easily launch the price to $50.000 and possibly lower on large liquidations ๐ฏ
But you and I are in full control of the situation and we direct our attention to the Ethereum ecosystem for a reason.
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