The main gains of this week consist mostly of coins that had previously fallen and have been shorted in a low liquidity environment.

This is why shorting anything in this market is quite dangerous, even if the coin tends to zero in the long term.

That said, ideally, we would like to see BTC and the Majors lead a rebound, not this type of coin.

BTC has been strong so that is good, it just has to see the majors continue at some point if we want to see a sustained lasting rally.

Source: Daan Crypto Trades