Late last night was quite a stir, folks! The market will wipe out all inexperienced long and short positions before the altseason arrives. BTC dropped by a lucky candle, causing Dominance to decrease, which is good for strong altcoins. There is a possibility that Dominance will recover soon as it is about to hit a strong support zone around 34xx. With this scenario, holding spot is worry-free, but for futures, you must set TP-STL carefully, or you might end up on an island in a 15-minute candle.
POSSIBILITY OF BTC RETESTING THE BOTTOM AT 110K ONCE MORE!
ALTCOINS WILL DROP A LITTLE MORE, SO LIMIT LONG ALTCOINS AT THE EMA50-EMA200 SUPPORT.
It is advised to only consider going long this week, no shorting.
During the altseason, going long at the right time can make you rich, folks. Good luck!
