Behind a strengthening background and a bullish scenario, it can stop at the upper price channel and Fibonacci congestion area around 2311. We can Short GOLD from that point to the 2130 area.
Psychological Analysis: The market is strongly bearish and more and more FUD is loading. For now, FTx uncertainty regarding CRYPTOCAP:SOL is loading as we predicted a few months ago when watched the FTx data. It's not only CRYPTOCAP:SOL that is affected, but the entire Altcoin and BTC sector. We enter into the phase of FUD and fear which has not even started...