Since early July, after going long on DOGE with 1X, from August until now, I haven't gone long on altcoins, and there's a reason for not trading altcoins, it's because I've confirmed that some are being distributed and I highly suspect that some altcoins are being distributed again from a low position. I know that the voices I saw on Twitter in August and September were all about: altcoin season. But in my live streams from August to September, I repeatedly emphasized: AAVE ENA UNI have confirmed distribution structures, these three altcoins were ones I confirmed the structure on at that time. Altcoins like OP and MEME are all being distributed from low positions, especially AVAX, where the prevailing subjective opinion on Twitter was that it had broken out on the weekly chart, and that there would be a wave of huge market movements in altcoin season, but my view was that the main force behind AVAX didn't have time to offload, they could only push the price up and then distribute from a low position, I still have doubts about these low position distributions/re-distributions, but the subjective inclination is towards a distribution structure, Today is October 12, and all altcoins have broken down, the structure has been confirmed on the right side, the answer is clear, and I will take some time to share one or two structures for everyone to learn. For those who have been following the live streams, show your face in the comments if you want to see a review, to prove that what I said is true.
A few days before the crash, someone cursed that the Wyckoff distribution was a piece of shit, Now I can say it, Even if it's a piece of shit, it's still a much bigger piece of shit 😆😆😆
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