TOTAL3 is now in a moment where it could bottom again It may consolidate at this levels for some time (summer 2025) or it may reverse from here to the upside (with majors ups and downs ;see open interest)
However this is also a critical level for the AltCoins Space What we experienced in the last week or so - was mostly the market trying to liquidate the retail risk appetite sector for leveraged gains
This could be a good entry even for big and smart institutional money into this asset class If they can relate to the scenario of Money being Rotated into High Risk assets from the other traditional markets (as they reached the top) and Provide a Liquidity Boost for the AltCoins sector - also from other types of hedging assets like Risk Off Gold and even BTC into Risk On like :Altcoins. (Risk-on-risk-off is an investment behavior) 🍀
Note
Note
Note
long term consolidation scenario
Note
short term KDJ is bullish can retest higher resistance levels
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.