Stopped Waiting for a Rally — Market Near Bottom, Not a Buy
I think waiting for the exchange to rise is pointless because the market is almost at the bottom and it's very difficult to make money at these prices.
I've stopped waiting for prices to recover and will only consider entry after clear signs of a sustained reversal or materially better risk-reward.
Analysis
Price action suggests the exchange is trading near cycle lows with limited upside and elevated downside risk, making profit opportunities scarce at current levels.
Recommendation
Do not buy now; wait for confirmed trend reversal, improved market breadth or higher lows before initiating positions — only consider small, staged buys if you accept high risk.
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.