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GM! I'm still heavily long and strong
Woke up to the market dump, and it happened within an hour without specific reasons
There's still a lack of clear consensus in market direction, so there might be some high-leveraged players panic sold when they lost confidence
Market still behaves like a pendulum, and after the dump, I would like to bring up this diagonal count for $BTC, which is the best count to chop up bulls/bears while there's no clear consensus but market should still remain upwards with rate cuts coming
In this count, I count the dump as B wave of (3) with C wave of (3), 4 and 5 coming. This diagonal move will chop up everyone, making bulls & bears uncertain, capitulate positions all the time and dont make much out of it. Leverage will kill you in this count so pls avoid it. Hold more spot if you can
Alternatively, price breaking the daily low and sustain below it will cause concerns for the bull count and if price breaks 55.9k my count is wrong 0 reply
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