The altseason continues, just that for now the growth and gains are in the other direction.
In such a market, it is necessary to use stops and protect your money.
More than a year ago, I set a target of 68% for dominance, and we haven't reached it yet, while altcoins are already literally pinned to the floor.
The target was 60-65 thousand this year, but observing everything that is happening, it no longer seems fantastic.
If a big player has taken a short position, then it means we will apparently come there with bounces, and if the position has not been taken, then I still think we will head there through a new historical maximum and some market revival for a while.
But when it comes to a nuclear conflict, investors will think the least about cash and will choose cash, which means exiting the market and this can create very strong panic.
But based on experience, I still think we will go up, shaking out the excess short sellers. If this growth occurs, it will be necessary to watch positions very carefully and support them with stops.