Weel candle close today

Today week candle closes. What does it tell us. First of all, the market is on hype. We've seen so many coins pumping lately, including high cap coins, that it is impossible to ignore the bullish mood all over the place. Still I prefer to think unbiased mind. Here are both scenarios:

Bear mind: Although it is very enjoying, lets not forget that major changes happen when everyone is expecting opposite. So if everyone is bullish, if might be a sign for monster dump. After all it is just a bear flag out there and price is just in the top of it. Probably there will be a huge pump as well (bull trap) before dump happens.

Bull mind: Even though it might look like a bear flag, it also looks like a solid consolidation channel that slowly reverse price up. And it is second in trading density zone after 6300. And price bounced of 200 MA, twice. If today we will see the price get over 4000, I'm sure the market wil lexplode.

So do I feel bullish? Yes I do. Always. Does my experience tell me not to believe bullish feelings. Also yes =) So lets keep bullish mind while be prepared for the worst. Have your stop losses ready as anything may happen soon.