I noticed this Wyckoff distribution pattern that has formed on the 1h time frame for FET/USD and it convinced me this might be a good time to step out and wait.
The crypto market has been going sideways since last week now and we didn't really get a strong rebound after the selloff a few days ago. Even with the positive Macro news it's starting to feel like there's just not enough buyers around right now to push BTC and everything else to higher highs. My advice is to be cautions now and wait for a correction, then enter at more favorable prices.
The crypto market has been going sideways since last week now and we didn't really get a strong rebound after the selloff a few days ago. Even with the positive Macro news it's starting to feel like there's just not enough buyers around right now to push BTC and everything else to higher highs. My advice is to be cautions now and wait for a correction, then enter at more favorable prices.
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