Good news!
Is the market about to reverse?
I've been holding small long positions for the past few days.
Altcoins have been trending in small, incremental drops and rises.
There's no major selling pressure.
After all, the price has fallen sharply below the cost price for all long-term holders.
It feels like either it's bottomed out, or there's one last upward move.
The problem is, most people around me think there's one last dip.
Since everyone thinks that way, it's not so certain anymore.
Just to be safe, I'll set a stop-loss and open a large position to try my luck with a small bet.
Bad news!
I, Anan, have started gambling again…