📊 Last week, the S&P 500 Index updated its historical highs, and the altseason index entered the 80+ zone. Trap or the beginning of a bull market? It’s hard to say for now, as everything is pumping and dumping quite unexpectedly. Currently, we are working with probabilities, and the probability of the continuation of the altcoins’ growth is high, so we continue to hold our portfolios.
🩸The ongoing market decline is exhausting and doesn’t allow for relaxation. Last week, BTC held the $40k level after strong selling pressure. The situation looks interesting now – ETH/BTC is decreasing, while fundamental altcoins are standing still. This suggests that everything will soar at the first rebound. I still await a decrease in BTC price to the 37-39k zone, but there is a chance it will hold a local low at 40k and start rising from there.