This week, two things changed my outlook on the market.
I noticed BTC dropped from $64200.00 to $62421.24, which is quite a significant dip, especially considering the 24-hour trading volume was $1379M.
This price action suggests there's still a lot of uncertainty and panic in the market, with many investors scrambling to exit.
Meanwhile, ADA's price remained relatively stable, even up 0.54% in the last 24 hours, hitting a high of $0.1745. This signals to me that some investors are starting to look for value plays.
I'm currently bullish on ADA, particularly around the $0.1680 level, as I believe it could rise to $0.1800 in the short term.
At the same time, I'm watching USDT's performance closely, as its dominance has shown a golden cross, which is a warning signal for the entire crypto market.
Thus, my current stance is bullish on ADA and SOL, while keeping an eye on BTC and ETH.
#加密货币市场 #ADA #SOL 💰
I noticed BTC dropped from $64200.00 to $62421.24, which is quite a significant dip, especially considering the 24-hour trading volume was $1379M.
This price action suggests there's still a lot of uncertainty and panic in the market, with many investors scrambling to exit.
Meanwhile, ADA's price remained relatively stable, even up 0.54% in the last 24 hours, hitting a high of $0.1745. This signals to me that some investors are starting to look for value plays.
I'm currently bullish on ADA, particularly around the $0.1680 level, as I believe it could rise to $0.1800 in the short term.
At the same time, I'm watching USDT's performance closely, as its dominance has shown a golden cross, which is a warning signal for the entire crypto market.
Thus, my current stance is bullish on ADA and SOL, while keeping an eye on BTC and ETH.
#加密货币市场 #ADA #SOL 💰