Expect More Dumps, Binance Delisting Likely; Coinbase Rescue Too Late
I agree with Ana — I expect several more downward moves, roughly eight more dumps, driven by a likely Binance delisting that will severely pressure price and liquidity.
Coinbase may eventually relist or support the asset under a new ticker, but that looks like a late rescue rather than protection from near-term losses, so I would not rely on that as a safety net.
Analysis
Recommendation
Reduce exposure or sell into strength and avoid holding through a potential delisting. Only consider re-entry after clear relisting and verification of fundamentals and market support.
Disclaimer
The 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.