$DOT FROM $10K TO $136 IN 5 YEARS — WHAT WENT WRONG? 🧐
A 98.6% drawdown from peak to present. That’s not just a bear market — it’s a structural breakdown. Repeated lower highs on the weekly, coupled with liquidity sweeps below previous lows, tell a story of persistent distribution.
The real question is whether this level holds as a true bottom or if we’re just forming another swing low before the next leg down. Volume has been declining for months, suggesting indecision, not accumulation.
Are you treating this as a zombie asset or a deep value play?
Not financial advice. Always manage your risk.
#DOT #CryptoAnalysis #MarketStructure #BearMarket
🧐
A 98.6% drawdown from peak to present. That’s not just a bear market — it’s a structural breakdown. Repeated lower highs on the weekly, coupled with liquidity sweeps below previous lows, tell a story of persistent distribution.
The real question is whether this level holds as a true bottom or if we’re just forming another swing low before the next leg down. Volume has been declining for months, suggesting indecision, not accumulation.
Are you treating this as a zombie asset or a deep value play?
Not financial advice. Always manage your risk.
#DOT #CryptoAnalysis #MarketStructure #BearMarket
🧐