In my opinion the recent bullish momentum seems to be fading out. I believe going into the first seven days of August traders with a bullish bias should be extremely cautious. In my opinion, price is likely to revisit the area near the current monthly low @ around $56,760. I believe a break of this would lead to a move further down to $44,000. I think many traders believe news of a Fed interest rate cut looming and ETH ETF seems bullish. Well, what can I say about that?
I believe a short trade is warranted here. I am not a sucker.
This trade idea is not financial advice. I am not any kind of financial advisor.
Thanks for hitting the like button and for following me!
I believe a short trade is warranted here. I am not a sucker.
This trade idea is not financial advice. I am not any kind of financial advisor.
Thanks for hitting the like button and for following me!
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I went long on multiple coins today. In my opinion, sellers are exhausted. Please see my previously published BTC trade idea for a bounce play. In my opinion SOLANA is very bullish, Ethereum is quietly consolidating, and if BTC can push to a new weekly high, bulls could set their sights on $80k.交易進行
Trading active. Currently short. Market may catch people off guard.
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