CoFo Lab Market Watch: Impulsive Failure
Slight long signal surge failed to propel bull follow-through.
Analysis of CoFo Scout Readings
Despite bear weakness, buyers unable to regain crypto market uptrend. Price pressured again.
Long signals on local and medium-term horizons waned. Shorts not reinforced. Scout indicators show market mired in global accumulation.
In such situations, must await clearer picture on lower/medium timeframes to determine accumulation resolution direction.
Also worth focusing on major instruments like BTC, ETH — they beacon for whole market. Scout detecting prevalence of weak bearish signals on these.
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