Following three dead cat bounces on the hourly theres just not enough volume for a proper reversal yet back to 8000 outside the two abnormal sell and buy spikes which I can assume is from trading bots hitting limits. Will continue holding out the market until I see a potential rally IF it climbs back to at least the 7800 critical support.
On the daily chart it appears we are still slow bleeding and may either bleed back to the 6800 level or somehow obtain the volume to rally past these bears.
Alt season will have to continue to wait, hoping they get more fiat gateways up soon.
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