Hey guys, the market is clearly under bearish pressure right now.
Most major currencies are in the red, and immediate supports have collapsed. BTC's drop below its short-term support is putting pressure on the entire market, and the alternatives are reacting more strongly. This is not strength, but distribution and fear shaking out weak hands.
Currently, the bears are in control in the short term. Chasing long positions here is risky. The best step is to wait, protect capital, and wait until prices stabilize at stronger support areas. Markets do not drop forever, but they also do not rebound without confirmation.
Key advice:
• Avoid overtrading
• Do not panic sell at the lows
• Wait for support to form again before new entries
This phase is about survival and discipline, not aggression.
