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Moon7
@moon7
As for crypto, there has been the traditional decline in activity here. A lot of people lost money, and so far the new inflow is weak. Open Interest for most assets remains low. This is a common story after sharp collapses. ➡️ Now you need to watch levels and volumes (including OI). Bitcoin has many support zones at once, in fact, everything that goes up to $88k is one continuous support zone, where there was a lot of buying, which is constantly trying to defend. At 4h the closest level is at $92500, from which we bounced.
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@moon7
With alts (we take into account only heavyweights) it is more interesting in this sense. SOL has a very strong zone at $187-174, but if it is broken, the gap goes further to $160. At the same time, due to such a rapid fall, the nearest resistance zone is only at $220. So, the reserve for growth is also excellent. By the way, the Russell 2000 index also rebounded very well today, holding the important level of 2195-2225. That's a good thing for the alts. ✔️ In general, we do not have a trend yet. The fall was stopped, but it is too early to speak about a full-fledged reversal. After such shaking it is reasonable to stay out of the market, waiting for a clearer picture.
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