Read this article quickly before the last opportunity to enter the strongest Bull run wave of the cycle for Altcoin ends!
According to data from Glassnode, almost the entire order group in the $BTC market has been in a state of accumulation and active buying in recent weeks despite signs of cooling in the Altcoin market.
This seems like a move to re-accumulate after the $BTC broke its ATH and returned to untested price areas to seek new demand.
In the short term, we can see this as a positive signal for the $BTC market as the price will continue to hold steady and the demand for re-accumulation after breaking the ATH is ongoing.
It can be said that this is one of the rare opportunities when $BTC has successfully broken its ATH, entering a re-accumulation state while the Altcoin market is weakening after BTC.D's recovery.
I will continue with the goal of accumulating $PEPE in the coming days until I fully achieve my All In $PEPE target.
For me, this is a golden period for accumulation, not a time to be afraid.
The battle is still long; this is just the starting point, and our destination is at the end of this November 🫡🫡🫡
If you like this article, don't forget to leave me a heart and share your thoughts in the comments below.
Follow all of David's actions here as soon as possible:
Something is coming!
The cash flow into the $ETH/USDT pair suddenly surged sharply at 8 AM this morning, with total orders up by $1.2B.
Satisfied with the cash flow and timing.
If this large cash flow continues to be maintained, by tonight we can start DCAing the first 10%.
Data on CVD should be analyzed and observed in a subtle way; positive or negative cash flow in CVD cannot directly affect the price, and we should only observe it and consider it a positive signal among many other signals indicating that cash flow is thickening, demand is returning, and it is likely to create a sideways accumulation zone before the price continues to experience significant fluctuations.
I will not go all in at one time or at one price level, but will allocate risk and invest reasonably when the indicators are favorable for me.
You should do the same, manage risk, and preserving capital is the first lesson to learn before learning how to make money.
If you like this post, don't forget to leave me a heart and share your thoughts below the post.
Follow all of David's actions here first:
44.74K
188
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.