Forwarded from Crypto News Aggregator by EXCAVO
📊 CQ: Buyer liquidity is drying up and the remaining liquidity is only circulating within the market, not expanding. Historically, this imbalance has only been corrected by lowering prices. That is exactly what happened above the $100,000 level, and now the same pattern is repeating itself.
If new liquidity does not enter the market, we may see an extended period of consolidation or short-term bounces. However, such movements will ultimately be meaningless bounces, which will likely be followed by further declines.
If new liquidity does not enter the market, we may see an extended period of consolidation or short-term bounces. However, such movements will ultimately be meaningless bounces, which will likely be followed by further declines.
Market literally looks like 2017/2018.
Pure manipulation. You can't trade this. All you can do is DCA when you feel like its cheap
Pure manipulation. You can't trade this. All you can do is DCA when you feel like its cheap
DiveInDefi
Happy ATH to everything except our bags 🎉
If I had to make a bet, I‘d say we break this downtrend soon and will get another pump.
With everything at ATHs this is overdue and would be logical.
With everything at ATHs this is overdue and would be logical.