Another day, another dollar! While the market is still resisting and adjusting, remember to keep an eye on your favorite assets and evaluate and reevaluate your positions/hodlings; this market is so volatile and risky, it swings so fast, so make sure your risk management strategies are in place and if you have to sell, try not to sell at a loss; on the other hand, if you wish, try taking advantage of the low prices of some of your favorite assets, since the market is to the low and will continue like this for few days. It’s just accumulating , so remember not to panic.
Today we see some mixed signals, $BTC setting the tone for the rest of the market $SOL taking the 3rd place of the market leaving $XRP at a 4th position on trading cap, that only means that we’re up to witness the battle of the support on those assets fighting to be the 3rd largest and more important cryptocurrencies in the market; that would impact Solana projects (also if you’re not yet staking ETH to get WBETH, and Solana to get BNSOL take a look at it 🤓). Usual and Cardano still on the fight as well, and Pengu and 1000Cat still fighting to rise to new support levels! This is going to be a swing weekend.
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Disclaimer: my opinion doesn’t constitute financial advice, always conduct your own research and know your assets, since the crypto market and trading involves high risk.
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Happy crypto!