Weekly Crypto Update
Volumes and the volatility in crypto have been at historic lows.
All of the action continues to be in low cap degen alt plays on-chain.
While crypto hasn't broken down yet, there are cracks appearing in the TradFI space as mentioned in the weekly update: Macro Looking Ominous
There's a high probability there could be a spillover to crypto as well.
As mentioned in the last week's update
Long term trend still looks bullish
while there could be short-term corrections.
Any dips would be a good opportunity to load up on long term holdings.
BTC needs to close above 30K to invalidate this scenario.
W3Q has published a How-To guide for those interested in learning how to best use the model insights. Check it out.
Coming to the Model positions, there have been 1 exit and no new entries.
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