How to understand the current market
⚙️ Guide to Understanding My Recent Posts
Market Overview:
- Coins with Recent Runs: Coins that have had a nice run are now making lower highs on the macro charts and are tanking now.
- Coins Holding Strong: Coins that didn't have a significant run are holding strong in their accumulation phases.
Specific Insights:
- #BTC is stable, but #ETH looks even better. Capital rotation is underway.
- I am not bearish on the market overall. My posts might show a bullish ETH chart and bearish short-term charts for RNDR, ONDO, and some others. This doesn't mean these coins are dying; rather, they are correcting after their significant runs.
- Many altcoins look bullish, meaning they are good for accumulation. Conversely, some look bearish, indicating that one might wait for lower levels to accumulate or start DCA from current levels to 30% lower. Many altcoins are out there screaming for a pump.
- The market has been moving selectively from the start. Some coins will cool off while others are ready to heat up. It's the key to understanding the market dynamics. I hope this clarifies something.
Now, we are moving to ONDO as an example.
Marked zones are areas where you can accumulate. In a bull market, we should buy at support levels. The first one is done.
Market Overview:
- Coins with Recent Runs: Coins that have had a nice run are now making lower highs on the macro charts and are tanking now.
- Coins Holding Strong: Coins that didn't have a significant run are holding strong in their accumulation phases.
Specific Insights:
- #BTC is stable, but #ETH looks even better. Capital rotation is underway.
- I am not bearish on the market overall. My posts might show a bullish ETH chart and bearish short-term charts for RNDR, ONDO, and some others. This doesn't mean these coins are dying; rather, they are correcting after their significant runs.
- Many altcoins look bullish, meaning they are good for accumulation. Conversely, some look bearish, indicating that one might wait for lower levels to accumulate or start DCA from current levels to 30% lower. Many altcoins are out there screaming for a pump.
- The market has been moving selectively from the start. Some coins will cool off while others are ready to heat up. It's the key to understanding the market dynamics. I hope this clarifies something.
Now, we are moving to ONDO as an example.
Marked zones are areas where you can accumulate. In a bull market, we should buy at support levels. The first one is done.
Disclaimer
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