Part 6/7:
Wrapping up, Meron reminded viewers that maintaining a close watch on moving averages is crucial for navigating this volatile market. He noted that respecting the 21-day moving average could prevent significant drawdowns and help identify favorable trading conditions.
Overall, Meron encouraged his audience to remain vigilant, considering both the specifics of the crypto market and the overarching economic indicators that could shape future trends. He expressed optimism for upcoming opportunities, especially in the DeFi space, while also urging caution against potential market corrections in both altcoins and equities.