Risk appetite decreases throughout the market, safer options are getting more attractive. Further, the dollar is getting stronger as a safe haven currency.
But the sentiment is much grimmer for crypto, which is the most volatile instrument.
Recent development in Ethereum and updates in its system created certain hype fueled by the believers.
But the market as a whole is not and will not get optimistic just by those changes. Thus, I am suggesting to short Ethereum while it got hot and cooling off.
But the sentiment is much grimmer for crypto, which is the most volatile instrument.
Recent development in Ethereum and updates in its system created certain hype fueled by the believers.
But the market as a whole is not and will not get optimistic just by those changes. Thus, I am suggesting to short Ethereum while it got hot and cooling off.
Trade closed: stop reached