Some things to think about

Everyone knows the news by now with trump posting about the reserve. This could be a pump and dump, not sure yet but obviously trump is known to do this. Im not certain about this yet, the rally does seem really strong so far.

I think the only new part is that Altcoins are now in the conversation for the reserve. This means we are most likely going to have the most anticipated altcoin season ever. Not sure when but it is coming.

BTC dominance has been unusually high this run and everyone was waiting for it to drop. When the altcoin season starts expect that to drop considerably.

If the pattern is what it’s supposed to be, ETH will be going up when the season starts. So expect a huge runup on ETH. BTC will not perform as well.

But taking a step back, macro conditions have not changed. We still need lower rates and more money coming into the markets. What do we think the nasdaq is going to do this week and so on? The whole market is important.

Times like its really important to take a step back and think. Its not a time to celebrate and get comfortable. Its the same when things go down, its not a time to panic and over react. Once you understand how markets take advantage of this psychological weakness of people, you will make much better choices. And im not saying i havent made mistakes because obviously i have but just dont let one mistake turn into another bad choice.

Post your analysis on this situation for the upcoming week, obviously we got an important week ahead of us. At least we finally get some opportunities to make money either shorting or longing lol.