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🔥 Market Recap
Last night, we witnessed a massive liquidation cascade across the entire crypto market. Altcoins took a heavy hit, with many dropping 20-30% overnight, wiping out billions of dollars.
🔑 Key Takeaway:
This is why I always stress—never trade leverage without a stop-loss. Protect your capital first. Hope you all followed this golden rule!
📊 Market Outlook: Where Are We Heading?
BTC Dominance:
Breaking down from a rising wedge on the weekly time frame—a classic bearish signal. Currently retesting the breakdown zone, indicating a potential sharp decline ahead.
🌟 What This Means:
If dominance drops further, spot altcoin holdings will likely surge. This is the time to accumulate, not panic-sell.
💎 Opportunities Ahead
Many altcoins are retesting key support levels after breaking out on the daily time frame:
FET, W, PEPE, LTC, APT, RENDER, and more. Patience is key here. Hold onto your spot bags and use this dip as an opportunity to accumulate strong projects.
🚀 The Road Ahead Over the next few days, we anticipate a strong recovery across the market, with alts pumping hard. Stay calm, stick to your strategy, and ride this wave.
💬 Your Move: What’s your strategy for this phase? Are you accumulating or waiting for more clarity? Drop your thoughts in the comments below—we’re in this together! 🌊🔥
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