The daily candles are looking small and indecisive. Usually, when things get this quiet after a big drop, it means the market is building up energy for the next leg. Volume is okay, but we really need a solid close above $2,000 to even think about a reversal.
If we lose that local support at $1,939, things could get slippery again. I’m just sitting on my hands for now. No point in forcing a trade when the trend is still sideways and heavy.
Are you guys loading up here or waiting for a deeper dip$BTC $ETH
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The daily candles are looking small and indecisive. Usually, when things get this quiet after a big drop, it means the market is building up energy for the next leg. Volume is okay, but we really need a solid close above $2,000 to even think about a reversal.
If we lose that local support at $1,939, things could get slippery again. I’m just sitting on my hands for now. No point in forcing a trade when the trend is still sideways and heavy.
Are you guys loading up here or waiting for a deeper dip$BTC $ETH