#OvernightV-ShapedMoveinCrypto We saw a rapid sell-off in the crypto market overnight followed by a strong rebound.
Although prices recovered quickly, this movement shows more of a reactive V-shape rather than a clear trend.
For me, in such movements, the critical points are:
Whether the reaction shows continuity
Whether the volume is only at the bottom or continues afterward
Whether the market accepts these levels
V-shaped reversals can be opportunities or traps.
That's why I focus more on the acceptance levels than the speed.
Do you think this movement is a genuine recovery,
or just a short