Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
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This level of sentiment hasnโ€™t been seen since May 2022 ๐Ÿง
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Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
USDT.D looks terrible right now!
The longer the market remains weak, the faster USDT.D is climbing. Its price action is now breaking the November 2022 resistance trendline ๐Ÿง
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Bottom is in ?
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We are still seeing only LL and LH. For bottom confirmation, the price needs to form a HL and higher high.
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The U.S. Bureau of Labor Statistics wonโ€™t release October jobs data!
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No data = No rate cuts
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US Top 2000 Stocks Rejected Again

Top 2000 index just got rejected from the same major resistance trendline that hasnโ€™t been broken since Nov 2021

This chart is important because it shows rotation of big money, When large investors start selling their top stocks, that liquidity often flows into small caps and historically, this rotation impacts crypto as well.

But this time, the monthly candle got rejected again, showing continued weakness at the top and no breakout yet.
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Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
ETH is currently trading at a very important support trendline, and holding this trendline is extremely crucial!
ETH has broken its important support trendline and currently trading below it!
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Everyone has convinced themselves that the bear market is already here. But do you really think predicting a bear market is that easy? Especially when the whole world is suddenly calling crypto a scam. Let me make one thing clear, the crowd only says what the market conditions force them to say.
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Things are not bad as long as we stay above these levels ๐Ÿ‘€
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Strategy
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Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
Bitcoin Monthly chart ๐Ÿ“Š
Do you think the current monthly candle can close above the key support level?
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This is the updated cost!
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TOTAL MARKET CAP IS RETESTING THE MONTHLY SUPPORT LEVEL!
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DOMINANCE ACROSS ALL STABLECOINS ๐Ÿง
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