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Fun stuff—I just like it in this dead-simple way.
The Ethereum daily structure is not broken.
I held the long positions.
I directly added to BTC and ETH.
I picked some stronger alts and increased my positions.
Weaker ones I placed limit orders to buy the dips.
During the day, I was expecting a more bullish, stronger行情.
This evening, the US stock market opened higher and then slid lower to form a wraparound chart—this is something I didn’t expect.
If I had noticed, I would have set up a defensive position for the alts.
What a pity.
The US stocks are half-dead; let’s see what happens next.
Can it break away from crypto?
Having too strong a correlation isn’t a good thing either.