Eth is closed a daily candle above $2920.00 which is a good sign for Alt coins.

BTC is currently over extended and can't pump straight to upside 80k to 85k. BTC needs to cool off near previous all time high or 70k regions to correct and might grab liquidity in these areas sooner or later.

It's necessary to have a correction so BTC would have a healthy pump towards new heights.

You can open any coin chart they are almost over extended and they need correction before go up to the next leg up.

If you are holding long position my suggestion is to put tight stoploss in your trade to avoid losses.

If anyone thinking to buy now I would suggest to those wait until BTC correct near the levels I mentioned above. It is better to wait instead of losing or stucking in trade.

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