The markets have started to drop again over the past few hours, but there’s still no major reason to worry, and here’s why…

As I’ve been talking about, the 2W EMA is essentially the final line in the sand that’s currently holding price up, and that level still hasn’t been broken.

We can bounce around from $91k to $87k all we want, as long as we keep closing candles above the 2W 50 EMA.

This next candle closes a week from today, so I’ll be keeping a very close eye on it. For now, there’s zero reason to panic about a short-term flush.

Just keep a level head and don’t let emotions get in the way 🤝