180M USD left the market and dropped into Sailor's hand before they know it. I hope many get in shorting right now so the price can pump even more when they get liquidated. I have to say that if you are shorting right now you have no respect for the trend and you deserve to get recked. Stay safe guys.
Try to be careful right now, BTC is not breaking the triangle yet, and we could see a massive dump since the market is leveraging a lot. Just remember that even if it breaks you can buy on the pull back, if it doesn't you can buy it around 20-25k. Who know, but there is the right time to trade and now is just not the right time.
With BTC losing dominance many alts will pump receiving all that liquidity from BTC. ETH and ADA could reach their ATH just like BTC did really fast, so even though RSI is in the selling zone it would be wise to hold until it reaches 85 on the RSI, that rise could happen really fast, so leave your TP set up and SL in the green to make sure to rebuy it again on...
Even though many alts have already moved up, BTC is holding its value triggering even more upside movements for alts. It just history repeating itself.
Seeing BTC hitting 28k with such a high dominance is making me believe more on the opportunities on the alt side. ADA is in the top of the list in terms of project, will it be in the top for earnings as well?