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Thoughts on Correction: Is it a Buying Opportunity or Time to Run?



The crypto community has recently been on pause, questioning whether the current market dip is just a short-term shakeout of "weak hands" or the start of a full trend reversal.

Let's take a look at the charts of key assets:

#BTC/USDT
Price: $101,688 #CryptoMarketPullback -2.57%(

- Technicals show BTC bounced off a significant support level around $100,300 )24h Low(, which is also near the lower Bollinger Band )LB: $99,938(.
- RSI )6, 12, 24( is in the 27-35 zones, indicating strong oversold conditions. Historically, this has been an accumulation zone.
- MACD remains in negative territory, but the histogram has slightly decreased, hinting at a possible slowdown in the downward momentum.

#ETH/USDT
Price: $3,339 )-3.70%(

- Ethereum is also testing the lower Bollinger Band )LB: $3,194(.
- All RSI lines have dropped below 40, signaling oversold conditions. The key support levels are $3,200-$3,250.
- Selling volume )VOL( over the recent period is below the 5 and 10-day moving averages )MA5, MA10(, which may indicate exhaustion of bearish momentum.

#SOL/USDT
Price: $157.19 )-3.56%(

- Similar situation: price at the lower Bollinger Band )LB: $152.26(.
- RSI shows deep oversold levels.
- KDJ indicator shows %K )28( and %J are already in zones where a bounce could occur.

What adds to the nervousness?
There’s a noticeable decline in institutional investor activity. Over the past six days, inflows into spot BTC ETFs have been near zero or negative. This is a key fundamental factor cooling the rally and paving the way for correction.

Conclusions:
Technically, the market appears oversold. Key support levels are holding for now. There’s a high probability that this dip is just a correction within an uptrend, not a trend reversal.

📈📉📊What to watch?

- BTC: Hold above $100,000 and especially $99,900.
- ETH: Hold above $3,200.
- SOL: Hold above $152.

If these levels hold and RSI begins to turn upward, we might see a good entry point for averaging down or buying. However, a breakdown of these supports and increased ETF outflows could push the market to seek lower liquidity levels.

What do you think? Is this a dip to buy or the start of something bigger?

⚠️This is not investment advice. Always do your own research )DYOR(.
BTC-0.94%
ETH-1.19%
SOL-1.17%
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0xBitvip
· 21m ago
Thanks for information
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HeavyPositionWillSurelyExplodevip
· 51m ago
Just keep pushing forward!
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Surrealist5N1Kvip
· 1h ago
Thank you for the information 💜💜💜
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Surrealist5N1Kvip
· 1h ago
HODL Tight 💪
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Surrealist5N1Kvip
· 1h ago
Ape In 🚀
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Cancafervip
· 2h ago
Hello, good day friends! Wishing everyone lots of success and profits.
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Potvip
· 5h ago
Thank you for the information.
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LittleGodOfWealthPlutusvip
· 5h ago
Hold steady, HODL💎
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Sakura_3434vip
· 7h ago
Steadfast HODL💎
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