Bitcoin (BTC)
I am beginning to believe that we could experience a short-term setback. If this is the case, it would actually be healthy for the market. This would be a short term thing, so medium to long term I am bullish.
As mentioned in the last update, I have deployed my capital between $51k and $52k and have continued to open positions with a 2x leverage. Those who want to test their luck should place their orders at $50,400 (same S-DCA level as last update).
Ethereum (ETH)ETH fell a little, similar to BTC, and touched exactly the S-DCA level mentioned in the last update. If BTC falls a little, ETH will fall too. But if we see it at all, I expect only a short-term price drop.
Solana (SOL)The chart for SOL seems to be broken today. I would not take a long position (at least not with a leverage of more than 5x), as I believe that the risk of a short-term price decline is increasing.
Polkadot (DOT)We’re now trading at the S-DCA level mention last update. I would deploy my capital at the current market price if I don’t want to risk missing out. For those who want to test their luck, I would place my orders at $7.11.
Disclaimer: Not financial nor investment advice. Any capital-related decisions you make are your full responsibility and yours only. The information made available in this report is NOT meant for replication. The purpose is to share the thought process behind our decision-making.