Quick market update

Short-term correction keeps playing out.

Indeed, $XMR

XMR
XMRUSDT
460.65
-2.35%

wave was overextended and late longs are getting punished. Perfect timing for closing the longs.

$BTC

BTC
BTCUSDT
87,565.5
-0.75%

C has the demand zone at $92k-93k which acts like a magnet, but not ruling out a quick pump to $96k soon.

Basically, lower before higher. Have a good Sunday.