Current price action looks to be mimicking that of May - July '21 consolidation before the next leg up. It is still too early to place any orders, but this is one to watch like a hawk. Great risk/reward on this trade with a potential huge move up, and a pretty tight stop loss to play with. #NFA #DYOR Any resumption off a touch of the prime trendline in early February looks juicy to me.
I think this area is also going to correlate in a bullish manner with the (much smarter than me) on-chain illiquid supply analysis guys and the fear/greed index guys.
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