Green Green Green.....
As of now, there is no hint for the crypto market to sell off, especially towards equities such as BTC and ETH. Bitcoin has recently crossed a staggering price above $115,000 which is an incredible boost for the entirety of the market. Along with other prominent crypto coins, Ethereum has followed the positive bullish momentum, resulting in huge percentage jumps across the board.
Renewed confidence is being building off of increasing institutional trading activity, steady ETF inflows, and a positive macroeconomic outlook. Many veteran traders have captured solid returns.
With trading volumes at an all-time high, new traders feel encouraged to jump in and social media buzz is rising every second. As much as the bullish momentum is encouraging, cautious warnings lay low, reminding on-the-ground traders to drastically manage risking levels. Chiefly, the feeling is multiple green days are ahead of us.