I think this is an interesting area to be looking for some mean reversion longs into November highs/November mid-range
Higher time frame momentum/trend still to the downside, but I think it pays to drop tf and stay alert here for early signs of life/reversal
Moves into prev month mid / highs would coincide with a btc move back into the 100-110k area (feels punchy, ik), but this market has surprised in both directions as of late; plus bear mkt rallies are usually more aggro etc etc, bears first real test to stay sidelined/short
By no means is this a shoot the lights out to new highs setup, but it definitely feels like a local spot of asymmetry
$SOL
$PUMP
$ETH
TOTAL3
OTHERS
4.46K
53
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.