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CryptoN1
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it always paid off to fad
trump
news rally.
so im fading it here
will explain the thesis
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CryptoN1
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This is going to llok very bad on the weekly and signals a local top.
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$SOL is losing the 1hr 200 MA and EMA , which held during the entire uptrend from the lows and looks like a head & shoulders neckline looks troubling for Sol memes
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You can gauge the market and how far down the risk curve we are by looking at the top gainers. right now they are absolute shit coins and random tickers pumping with no narratives.
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Alts look exhausted Any downward push from Bitcoin will cause dumps across the board. $Cetus is one example
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Very interesting weekly close. Just below the weekly range low. If we do end up closing red this week, it would be a sell signal.| This is in confluence with monthly OB resistance.
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