Are we finally at the bottom? Market's been bleeding for weeks, and this level keeps getting tested. Could be accumulation zone, or maybe another leg down waiting. What's your take on current price action?
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liquidation_watcher
· 12-06 13:53
It’s the “bottom” argument again. Every time they say this, but it just keeps dropping.
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PumpStrategist
· 12-06 13:51
From the perspective of chip distribution, this price level is indeed interesting, but the RSI hasn't truly released its risk yet, so don't rush to get in. The signal should have been spotted 3 days ago; asking where the bottom is now is a classic retail investor mentality... The pattern has formed, that's true, but my probability-based strategy tells me to wait a bit longer.
Are we finally at the bottom? Market's been bleeding for weeks, and this level keeps getting tested. Could be accumulation zone, or maybe another leg down waiting. What's your take on current price action?