I will only have to say this update, as market never does what the majority believe, and know everyone believes that the rally has just started, I would say that another dip is imminent. This is also backed by the reason of the volumes are very very low, and usally no major trend start of ends with such a low volume! So even if a big upmove is undergoing, we need to see a dip before and an increase in volume in order to be validated! I sold off here all my trading portfolio and waiting for this dip in the next 1-3 days to re enter the market at 10-15% lower levels! I dont touch the HODL portfolio that is ther 75% of my total assets in crypto space. Stay tuned!
I agree with the low volume of H&S. I don't think this rally will go above 8k
cooper_5e
⋅
too weak a rally to feel confident, good support at $6800 so lets see what happens there
ssg_1977
⋅
Bear here too. Other pointers towards a big correction, is that weekend trading is often in extremes of local trends. reversal during the week. Also we have eos mainnet and butaliks defence of ethereum in this weekend. Could be a Eth /Alt bulltrap, together with BTC.