The market is in free fall after a euphoric Friday, and this is one of the nastier Monday sell-offs we’ve seen—right up there with FTX-level liquidations.
ETH took a massive hit, with a full 50% retracement, while Bitcoin's struggling below a key resistance. But as bad as it looks, this has all the makings of a major low.
Time cycles are lining up, sentiment has completely reset, and every time we’ve dipped into this level of fear, it’s been a huge opportunity.
Yes, it got uglier than expected, no doubt. But that doesn’t mean we panic.
The market structure is still intact, and we’re sitting right at key inflection points—90-day, 180-day cycles, natural pivot dates, everything aligns for this to this to be a significant bottom. ETH’s RSI is back at levels where previous major reversals happened, and even though Bitcoin’s looking weak, it’s not completely broken.
This is how true volatility looks, 50% corrections are normal in a bull market. If you’re new to crypto, you just got initiated. The key here is to always do the opposite of the crowd which means, don’t panic.
This wipeout was brutal no doubt, but it flushed out leverage, and set the stage for a more sustained move. Let’s let the dust settle, watch how this week unfolds, and see how the market reacts. No need to force anything right now just stay patient.
