LET US NOT BE GOVERNED BY FEAR, BUT WE MUST BE CAUTIOUS.
Since the end of 2024, major investors like Warren Buffet have been warning us about the very possible global economic recession that has been anticipated for years and that authorities have been trying to avoid, because although it is a normal part of the economic cycle, it is not popular, it does not get votes.
Now, we, the intelligent and responsible investors and traders, must act by managing risk. As I see it on the daily chart of $PEPE , for example, after having had a great impulse, which changed the trend and broke the structure upwards, it is in the process of retracement and still has room to fall to the area marked in blue, before pushing up again to seek higher prices. If we analyze the charts of the major cryptos $BTC $SOL $XRP among others, we can see practically the same situation. Seeing it this way, there is no need to panic.
Now, caution should take action if the current lows break and the much-announced crypto winter deepens. The appropriate thing is to stop losses in time and looking for short trades in futures may be a good alternative to profit during the decline.
In conclusion, we must pay attention in the coming weeks to the behavior of the global economy, act with caution rather than fear by observing and understanding the market movements very well.
Happy trading!
