๐๐๐๐๐๐๐ | ๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐
Letโs be honestโ๐ค๐ฐ was a brutal period for crypto. I started shorting the market back in August and consistently made money. I also called the major crash on ๐ข๐ฐ๐๐ผ๐ฏ๐ฒ๐ฟ ๐ญ๐ฌ. This has been an exceptionally tough phase for crypto, especially altcoins, which have been bleeding nonstop since ๐ฎ๐ฌ๐ฎ๐ฎ.
Based on the current market structure, I donโt see $๐ญ๐ฌ๐ฌ๐ as achievable. The price action has clearly shifted into a corrective structure, not an impulsive one. Before any true reversal, I expect one more shakeout then followed by a ๐ฐ๐ผ๐๐ป๐๐ฒ๐ฟ-๐๐ฟ๐ฒ๐ป๐ฑ ๐ฟ๐ฎ๐น๐น๐.
I believe this counter-trend rally will emerge in early ๐ค๐ญ ๐ฎ๐ฌ๐ฎ๐ฒ, with altcoins experiencing a ๐๐ฒ๐บ๐ฝ๐ผ๐ฟ๐ฎ๐ฟ๐ ๐ฝ๐๐บ๐ฝ, followed by another major crash before a real, sustainable reversal takes place.
