hi good day everyone 👋
I wish I were wrong, but unfortunately, the decline continues. The 78,000 and 68,000 levels stand out as critical levels for BTC.
The declines in BTC are having a significant psychological impact on other cryptocurrencies, causing them to show a further downward trend.
While cryptocurrencies like ETH, SOL, and BNB can't withstand this, it wouldn't be logical to expect other altcoins to perform well.
Attention should be paid to sharp sell-offs in meme coins.
In such situations, it seems logical for long-term investors to accumulate gradually as the price falls.
About 18 days ago, I wrote to you about my expectation of consolidation and a downward trend. Currently, the most logical approach seems to be opening and closing short positions.
What I have written is for informational purposes only and does not constitute investment advice.❗
I wish everyone profitable trades.🤗