As we have seen, the market has made a final bounce and lurched to an all time high. $BTC has reached 118k a few hours ago and $ETH has climbed over 3000.
Taking a look at patterns that have emerged in the past, after a huge market surge such as this, there is a huge bloodbath that follows.
This means that coins such as BTC, ETH, SOL and others such as $HYPER , which have gained huge momentum recently will eventually fall with sudden movement.
Opening a short position on such coins will be profitable for traders.
As always, trade safe and DYOR!
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