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Crypto Market Outlook: Anticipating a 3-4 Day Correction Before Rally
I anticipate a correction over the next 3-4 days: to fill the lower liquidity—forming a base. After that, a likely push towards the 111,000 mark will occur, first gathering liquidity from lower high levels, then aiming for the actual high. The trading volumes are substantial, and the price is clearly aiming for a new maximum. However, without a correction, the momentum cannot be balanced. Important: Calls on the date are the most significant and valuable. Why? Because Bitcoin is the main benchmark for the entire crypto market. When I indicate or expect growth in BTC, it’s highly probable that the entire market, or at least a majority of altcoins, will increase. Conversely, if a decline in Bitcoin is expected in the next 3-4 days, caution is advised for long positions in altcoins. Most likely, they will also follow downward. Those with knowledge will understand immediately. These are basic principles but may not be obvious to beginners.
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AI Analysis
This analysis highlights the importance of market corrections in setting the stage for a future rally. The expectation of a correction within the next 3-4 days is based on current liquidity levels and...
AI Recommendation
Given the expected correction, it is advisable to approach long positions with caution during this period. Monitoring Bitcoin's daily movements will provide critical insights—if Bitcoin shows signs of...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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weak buy
strong sell