The weekend is here again, market liquidity is thin, and the market is just drawing lines back and forth. In this type of market, going long is dull, and going short is risky because of potential spikes, so it's better to focus on a few strong altcoins to find short-term opportunities.
Last night's actions in the US stock market were truly exemplary; first pretending to rally to lure in buyers, then quickly dropping 5%, a classic "fishing line".
At times like this, don't get too excited, take profits and run; what you have in hand is truly yours.
