Over the last few months, we've continued to hammer the point that the market is a mess and trading should be kept to a minimum.
We've taken shots at small long trades in a few altcoins during this time, only for us to ultimately get chopped up days after putting the positions on.
This is information.
Crypto as an asset class is range-bound at best, and unless you're incorporating a staking/yield/options strategy, the vast majority of crypto traders have been better off positioned in stables on the sidelines.
The macro environment continues to be heavily driven by geopolitical volatility and the situation in Eastern Europe.
Parabolic commodity prices are beginning to take their toll on the broad market indexes, which Bitcoin and crypto have been correlated with in recent months and quarters.
Moreover, whales and savvy traders are still in the process of selling.
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