This is what I am expecting to see happening all across.
Notice how Status Network (SNTUSDT) produced a higher low in the recent flash crash. A higher low in August vs June.
If you see all the charts I've been publishing, including Bitcoin, this is what I am expecting and this one here works as confirmation.
The chart remains technically bullish and this higher low should lead to a resumption of the bullish trend.
A strong shakeout, a flash dump, it is just that but this does not invalidate the initial trend.
We can go even further back and see see that SNT has been printing higher lows since Dec. '22.
This is not speculation, what we are seeing here is early confirmation but it will take time before it shows up across many other pairs.
We are early as usual, but the bullish wave will continue.
Shakeouts and corrections are a normal part of market action (opportunity to buy at lower prices).
Thank you for reading.
Namaste.