đš đđșđœđŒđżđđźđ»đ $BTC & đđčđđ đđœđ±đźđđČ đš
A single 1h candle dropped from $114,700 to $110,600, a sharp move of nearly $5K down. This wick filled the lower CME gap + FVG + liquidity zone, which had been building for quite some time within a range. Today, that range finally got completed.
Interestingly, while BTC dumped hard, alts didnât drop as much. Now, if BTC manages to close the daily candle above $112,600 â $113,000, we could see a push toward the $120K range. But if it closes below $112K, then further downside is likely â potentially toward $105K.
Thatâs the nature of a bull run: after strong pumps, one candle can turn the market red, but recovery often comes just as quickly.
Donât panic â $ETH was $4700 this morning and now itâs back at $4750, even after hitting a new ATH of $4950.
Cartels and market makers are liquidating longs before pushing ETH above $5000. This is a classic whale game. So, avoid leverage and stick to holding spot positions â
Now is a great time to accumulate promising altcoins. Once BTC makes a small pump, alts are likely to explode đ
For investors, this could be a good time to deploy 10% of your capital into strong coins, and if the market dips lower, continue with DCA.
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