Bitcoin Seeks Support, Traders Avoid Noise – Steady Lads

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Since the beginning of October, prices have alternated between accelerations, false exits and reversals. For Cara, this succession of movements makes it difficult to take positions: a one-off increase does not necessarily provide an exploitable entry point.

However, crypto capitalization has returned to September levels, where buyers showed up. A rebound therefore remains possible, but the trader does not see a sufficiently clear configuration on bitcoin to intervene according to his criteria.

The comparison with 2023 occupies part of this analysis. At the time, a rapid recovery had preceded several months of hesitation before further progress. Cara uses this example to remind us that a market can take off without immediately offering an easy-to-follow trend. The challenge then consists of limiting losses while waiting, while preparing the conditions for intervention.

On Ethereum, Cara holds $2,300 in the short term, then $2,400 on a daily scale. Below these thresholds, it does not find the necessary elements to favor a bullish scenario. Their crossing would constitute a first change in its reading.

Altcoin indices are also reaching levels already worked in May and September. However, this proximity to old rebound points is not enough to justify taking a position.

The video ends on HYPE, with a concrete case shared in the Steady Lads community. Cara traces the exit from a consolidation, the first profit-taking objective and the return of the price towards the crossed zone. This example shows how he picks a particular opportunity, even when Bitcoin and the entire market seems difficult to trade.

This week's subject therefore goes beyond the search for the next rebound: when does a price variation merit a position? Cara responds through its entry criteria, loss limits and position tracking. An approach to be found in this video and in the daily exchanges of Steady Lads.

Allocation as of 04.11.26: 💵 Stablecoins: 38% - 💰 Cryptos: 62%

In a market without clear direction, which alternates false starts and backtracking, Cara's new entry did not hold up. The stop, placed tight from the opening, did its job and the position was closed. The portfolio returns to three crypto positions, with a little over a third in stablecoins, pending clearer configurations.

📍 Follow the complete evolution of Cara’s portfolio and decisions in real time on Steady Lads

Machine-translated from French