Good afternoon, guys!
1⃣ Ethereum spiked to around 3450 at 4 AM, a false breakout, before plummeting back down to around 3200. Bitcoin has also fallen below 90,000 and is back in its trading range!
2⃣ The market has been incredibly unpredictable lately. There's no clear trend indicator. Previously, altcoins followed Ethereum's movements, but now Ethereum's price action doesn't correlate with altcoin price movements.
3⃣ The market has been incredibly sluggish lately. There's nothing to do in either primary or secondary markets. Several Alpha-listed meme coins on Binance just had a quick pump and then disappeared without any follow-up!
4⃣ The key is to protect your capital and avoid reckless trading. If you can't hold onto your capital, cash out first!