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To be honest, could anyone have predicted this move in advance?
Even I find it hard to believe.
But it does align with my previous predictions for the larger time frame—the price keeps sweeping back and forth within the range.
Last time, it was a 12-hour level rebound; this time, it’s upgraded directly to a 16-hour cycle. Looking at the daily chart, this rebound could be pulled back, but I didn’t expect it to be this direct.
There’s a big difference between slow grinding and a straight-up violent pump.
Although I picked up some spot at 2950 and made some decent gains, I still have to say—
This move is just way too fierce!