🚨Quick Update on Yesterday's Crash
🔴The market dip cost me a minor -0.08% net drawdown from the peak, close to a record low impact.
Right now Long Monero 4% cash 96%
$XMR held the $435–$423 target zone perfectly (as anticipated in a bearish scenario), showing strong resilience.
$ZEC avoided the heavy hammering most alts took, but in my view it's trading well above fair value and should now join the broader bear wave.
For those who joined the live stream:
this environment highlights the challenge of trading with leverage, or even 1x, in choppy-trading range market, or manipulated by well programmed dips in few minutes or hours (Much different from the 2018-2021, is becoming harder and harder to trade them and now after 10/10 we need to avoid leverage if you trade with your entire account).
Unless the entire TOTAL big caps are in a synchronized bearish move with widespread oversold RSI, full positions or light leverage carry high risk.
One misread can quickly turn into trouble.
Stay disciplined and selective.
