GM ✨
Both $BTC and $ETH are hitting major resistance here. At this point, it doesn't matter whether Bitcoin takes the $100k level or not. Whales have started to distribute, and only retail buying is occurring.
Altcoins are having their last pumps. We could expect some low caps to run a bit more during this weekend, but overall, most of them have also reached a very important resistance zone. Taking new positions now could be highly risky given the current market conditions.
I expect the reversal to start very soon, and December to be a bearish month, where some moves could be fully retraced. For now, staying calm and sticking to the plan with patience and confidence is key. Better opportunities are coming.
I will post some charts next week.
Enjoy the weekend and stay safe!
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