Thoughts on doge5L ( and the entire crypto market ):
Everyone is in longs, as seen from AI analysis, and they are waiting. Very few are shorting right now. The price is not moving. Conclusion: there will be a price drop downward, and then the market will assess the reaction to this drop. If a reaction follows, then a rally is possible! If the price is again range-bound after the drop, then we will wait for another wave of sell-offs, and so on until the market finds a liquidity point in Long.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2 Likes
Reward
2
1
1
Share
Comment
0/400
Escaperwin
· 16h ago
While doge5L remains calm despite news about the release of doge coin etf... 🤔
Well.., in that case, we're waiting for a pump, accumulating doge and doge5L 😜
Thoughts on doge5L ( and the entire crypto market ):
Everyone is in longs, as seen from AI analysis, and they are waiting. Very few are shorting right now. The price is not moving. Conclusion: there will be a price drop downward, and then the market will assess the reaction to this drop. If a reaction follows, then a rally is possible! If the price is again range-bound after the drop, then we will wait for another wave of sell-offs, and so on until the market finds a liquidity point in Long.