Bitcoin’s downward trend suggests we might see more bearish action in the coming weeks. As BTC drops, the ripple effect is likely to hit the entire market, making ALTUSDT a prime candidate for further declines.
Chart Analysis
• BTC Influence: Bitcoin is leading the market downwards, and ALTUSDT is poised to follow. • Bearish Indicators: Technical indicators and market sentiment are aligning to signal more downside for ALTUSDT.
Strategy
I’m going short on ALTUSDT, betting on another leg down. The current market conditions provide a solid setup for this move.
Action Plan
Entering a short position on ALTUSDT to capitalize on the expected bearish trend. Let’s see if this theory holds true and delivers some solid gains on the downside.