Flipped long - crypto strength despite global risk declining is noteworthy given this is the first sign of relative strength from crypto since the crash from 60k. Whilst I didn't buy the bottom, buying strength after a breakout from a consolidation range is my preferred execution style to limit risk. Multiple alts also showing very natural rounded bottoms which leads me to think upside for crypto skews positive in the immediate term. A proper break above 74k should full send crypto and I expect majors like ETH and SOL to reclaim the prior ranges (ETH 2.4k / SOL $100).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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