Crypto Market Set for Deep Correction Before Summer Rally

The outlook suggests a high likelihood of a significant shakeout in the market, with smart money being pushed out at key levels near $103K, $100K, and lower. It is well understood that markets tend to move counter to the crowd and tend to attract liquidity during such moves. The forecast favors a deep dip or shakeout before any potential recovery. Additionally, the price action indicates a period of sideways trading or flat consolidation below the current levels. The target of $75K during the upcoming summer period appears to be a clear and plausible scenario. The analysis points to a strategy that foresees a deep correction rather than an immediate rally. The market sentiment aligned with these predictions implies caution for traders, with a focus on downside risk and potential buying opportunities at lower levels. Overall, the forecast suggests a corrective phase with strategic accumulation around the lower support levels before a possible rebound.