The market is secretly preparing a massive move right here and 99% of people are looking the wrong way.
Everyone is terrified after that heavy drop to 1,677.31, thinking it is going straight to zero.
But look at how the price action is drifting sideways right now at 1,687.14 in 1000508566.jpg. The sellers completely lost their momentum, and the candles are just flattening out because the volume has totally dried up.
We are sitting right at a major pivot level. If the buyers don't step in and push past this minor local resistance immediately, we are rolling right back down to test the bottom. I am staying flat until a clear breakout candle prints.