(Question)
If it falls to the M-Signal indicator on the 1M chart, will it be able to touch around 49K?
(Answer)
If it plunges, it is possible to touch 49K, but from the current position, if it starts to decline, it is expected to rebound around 56K at the most.
If it falls to around 56K, it is expected that the M-Signal on the 1M chart will rise to around 56K.
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I think that below 65K is a buy zone.
Therefore, when it goes down, it is time to buy, not cut losses.
The reason is that USDT is renewing its all-time high.
That means that funds are flowing into the coin market at an all-time high.
Because it makes no sense to say "the downtrend will start???" when funds are continuously flowing in.