🔥If using Risk-Off as a bottom-finding indicator and comparing it with history, then this week will be decisive. The market needs to see selling pressure continue to fall.
🔥Typically, BTC creates a bottom through a second sell-off, when the selling pressure is weaker than the first round and the price does not create a lower bottom than (, which technical analysts often refer to as divergence ).
This is often the most reliable bottom signal – the stage where sellers are exhausted and control shifts back to the bulls.
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🔥If using Risk-Off as a bottom-finding indicator and comparing it with history, then this week will be decisive. The market needs to see selling pressure continue to fall.
🔥Typically, BTC creates a bottom through a second sell-off, when the selling pressure is weaker than the first round and the price does not create a lower bottom than (, which technical analysts often refer to as divergence ).
This is often the most reliable bottom signal – the stage where sellers are exhausted and control shifts back to the bulls.