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Teddeybeard
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$SOL
looks like it needs to cool off for a while now.
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SOL
206.02
-4.63%
290
0
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Teddeybeard
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I'm sure you've all been hearing $XRP hype. But despite crossing $3 today, have a look at who is selling, & who is buying. It's clear that institutions don't expect much more mileage out of this coin. Maybe 10-20% more at best. But I'm not buying when institutions are selling to retail. My money's on $ETH
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Expect a further dip in #BTC in the short term. Whales are currently offloading. $ETH is looking very strong. Personally, I'm bullish long-term, but thought I'd give a little caution to my followers trading spot.
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$ETH warning! You may think this dip from 2,500 is a buying opportunity, but BEWARE! Whales are currently selling, which means prices are likely to fall further. Wait for price action to show a clearer trend, or $BTC to start trending up before entering.
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Do not expect your "alt season" to kick off until this graph starts to reverse. $BTC dominance is still very high, which means the smart money is still playing here.
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WARNING: $ETH has formed a head & shoulders pattern on the 4h chart 📉 Reccomendation: SELL current positions & avoid longs. Expect a drop, don't get faked out
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