Welcome to the twenty seventh issue of Smart Money Insights where I track what high performing wallets are doing. Please note that none of this is Financial Advice. You are responsible for your own money!
BTC Outlook
BTC continues to trade around ATH. Personally I think BTC breaking ATH is inevitable, but if you are up by a lot it’s not a bad idea to take some profit off the table. As to where BTC could go if it does break above it’s hard to say. At that point, we are in uncharted territory. I would personally just keep riding the momentum until the market structure shifts to a downtrend.
As discussed, ETH/ BTC is currently retesting the top of its downtrend pattern. I am waiting to see ETH break above this into the range highs. If we do get the break above, I think Ethereum and alts can really start to outperform.
Smart Money Insights
General Overview
It looks like there’s a spread of AI, memecoins, and some RWA assets that are doing well. I personally wouldn’t overtrade this market. It’s much easier to ride momentum but if you are desperate to maximize gains you do you.
Summary
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