Resistance at 1.3T: Is a Deeper Crypto Correction Coming?

2月3日

The long-awaited Trump inauguration, which was expected to trigger an altcoin season, had the exact opposite effect. This once again proves that when the majority of market participants expect one outcome, the market often does the opposite.

After several days of testing support, the "tax policy" announcement triggered a breakdown below the 1.3T level, causing Total 3 to drop around 30% to 1T.

The market is now experiencing a normal rebound, but I am not very optimistic in the medium term.

Technically, 1.3T has now turned into strong resistance. In my opinion, after this rebound, a new leg down is likely.

I expect a drop below 1T, potentially reaching around 900B in the near future.

2月7日

交易進行

Total3 reached 1.3T and started to fall again

3月18日

交易結束：目標達成

1T reached