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We are still in an extreme fear phase in the crypto market.
Like all markets, this market is two-sided.
Accumulate during fear, sell during euphoria.
The most psychologically important support for Bitcoin is now clearly $50,000.
We will likely stay around these levels for a while longer.
They won't fully ramp up until they reset the futures.
Prices have become extremely cheap, and they don't want to give away 2x or 3x longs at free prices.
Once the cleanup is complete and the global agenda eases a bit, I believe we will enter the summer months comfortably.
During this process, please choose your altcoins carefully for accumulation.
Visual source @CoinAnk ✅️