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The market is turning completely red just as the US government has rebooted... it says a lot.
Meaning, liquidity is still in a cautious state, and traders are using the relief rally to take profits instead of adding new exposure.
$BTC is down nearly 1%
$ETH has lost about 1.4%
#BNB has fallen 2.5%
$SOL and $DOGE are both cooling off quickly
If this pressure persists for a few more hours, we could see another leg down, after which the real accumulation phase may start again.
#crypto #marketupdate #USgovernmentreboot?
Meaning, liquidity is still in a cautious state, and traders are using the relief rally to take profits instead of adding new exposure.
$BTC is down nearly 1%
$ETH has lost about 1.4%
#BNB has fallen 2.5%
$SOL and $DOGE are both cooling off quickly
If this pressure persists for a few more hours, we could see another leg down, after which the real accumulation phase may start again.
#crypto #marketupdate #USgovernmentreboot?
𝐅𝐎𝐋𝐋𝐎𝐖 me✅💯, like and share, reply 999$USDC
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