@0xcryptoshorts.eth
Plan for Playing the Elections | Crypto o'Clock (October 27, 2024)
⚫️ Volume profile reveals where the price often returns, indicating control points with the highest volume. These points act as "price magnets," while low-volume areas suggest more dynamic movements. When $BTC retraces, observing the volume profile can help anticipate potential support levels.
⚫️ Observing the meme coin market shows that higher-cap tokens, like $MEW, are more stable but yield smaller gains. The rise of @PopCat during $BTC's dip reinforces the strength of certain meme coins. Despite $BTC's dominance and altcoin volatility, projects like Solana stand out, showing that investment choices should be well-thought-out and focused on solid projects.
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