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Personally, I still believe caution is important here. The V-shaped recovery looks strong, but it also attracts late FOMO entries. I have traded faster and locked in profits sooner than expecting an endless continuation. If BTC can consolidate above the level that has been reclaimed instead of immediately retracing, then I will start feeling more confident about a bigger move.
Altcoins have already reacted strongly, though. Some setups rebounded quickly after appearing dead all week. It feels like traders are just waiting for BTC stability before rotating risk back into the market.
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