We have approached a critical level for the overall cryptocurrency market. What I would like to see here is previous support hold with a couple days of chop. Either way I expect a larger volatile move to play out as we traverse into the end of the month. Therefore, I have positioned myself out of any leveraged perpetual plays and have only scooped up a couple long term long vol products to take advantage of the potential market decision by end of month.
For those highly leveraged in either direction, I would advise you to keep a close eye on the overall market cap and track money flow from majors to alts.
Always remember stick to your plan, don't over trade, and get some shut eye. Stay safe!
For those highly leveraged in either direction, I would advise you to keep a close eye on the overall market cap and track money flow from majors to alts.
Always remember stick to your plan, don't over trade, and get some shut eye. Stay safe!
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