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Trader Mayne cautioned traders against overtrading during Bitcoin's sideways chop, urging patience until clear levels emerge across Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL).
What Happened: In his Nov. 13 podcast, Mayne outlined $110,000 (breakout) and $93,500 (breakdown) as key Bitcoin levels.
For Ethereum, he highlighted $3,800 as a bullish reclaim and $2,500–$2,850 as washout zones. Solana's critical ranges were $188–$190 and $125–$140.
Rejecting narrative-driven trading, he stressed that "price leads sentiment, not the other way around."
Despite weak reactions to bullish news and ongoing multi-timeframe downtrends, Mayne remains bullish, expecting Bitcoin to base for its next leg higher.
He mocked the emotional sentiment online, noting Bitcoin hasn't even seen a 30% correction from all-time highs, saying, "You'd swear it was at $20,000 based on the tweets."
Also Read: Bitcoin At $103,000, Ethereum, Dogecoin Slip 2% But XRP Shows Strength
Why It Matters: Mayne attributed the widespread frustration on crypto Twitter to Bitcoin's range-bound price action near $100,000, arguing that many traders lack structured strategies.
Even NFT and meme coin traders turning bearish signals fatigue rather than fundamentals.
He said his steady outlook stems from having a defined system and risk plan, with invalidation at $98,000, and encouraged traders to stay disciplined and wait for confirmation before acting.
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