DP reiterates something very important for everyone...
The current market is still in a major downtrend. The rebounds we are seeing are only technical bounces + bull traps, not an uptrend. It's not the time to get on the boat. Anyone rushing now is very likely to become liquidity for Market Makers.
Based on the monthly candle structure + price action and bear flag... The selling wave has not ended yet. It will take about 3–5 more weeks to... Complete the bear flag Sell off the remaining positions Clear leverage & FOMO When the selling wave ends and the monthly candle confirms, then it will be safe to get on the boat, no need to rush.
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$BTC
DP reiterates something very important for everyone...
The current market is still in a major downtrend.
The rebounds we are seeing are only technical bounces + bull traps, not an uptrend.
It's not the time to get on the boat.
Anyone rushing now is very likely to become liquidity for Market Makers.
Based on the monthly candle structure + price action and bear flag...
The selling wave has not ended yet.
It will take about 3–5 more weeks to...
Complete the bear flag
Sell off the remaining positions
Clear leverage & FOMO
When the selling wave ends and the monthly candle confirms,
then it will be safe to get on the boat, no need to rush.
#btc #altcoin
• Not investment advice... Do not encourage buying or selling; traders should consider carefully