Seasonally speaking, we are entering one of the strongest periods for cryptocurrency performance. Question is, will the market follow this past trend this time or will it break it? I’m willing to take the risk into this period and be more greedy in taking profits later (late December). With higher risk there is opportunity for higher rewards but also higher losses so keep that in mind too.

Additionally, speaking as an investor & trader who prefers the contrarian view to the market, I would rather be more greedy when the market is fearful and it actually comforts me to see that the market is fearful right now, almost entering extreme fear. My personal view: I think we see new all time high’s on ETH and BTC one more time in 2021 ✍️.

DOTUSDT: Bought some DOT here. Above a Support/Resistance structure, sitting on an ascending trendline support, 0.5 and 0.618 fib confluence zone of support retraced from the major swing and most recent swing.

TWT: UPDATE: Remains bullish in my view.

$AION looks ready to break out here 👀🚀

I like those bullish divergences

Damn this took off right away 🤣🤣

AION: UPDATE: +117%

COMP: Bought some here

VET: Started a position

In case of a liquidating capitulation scenario, areas of interest to buy crypto for me remains $3630 on ETH and $49,000 on BTC. These levels for these two major coins will determine the move for the rest of the market, I would rely more on what the major coins are doing to judge for altcoins in times of high volatility like this as it takes very little amount of money to move altcoins in comparison to ETH and BTC.

Highly leveraged market, could need to reset these funding rates. Nonetheless, I’m still in the belief of a year end rally and challenging all time highs.

Carnage. I did some shopping

Funding rates reset

✅Was a useful reference point to load up today. Let’s keep spirits high, was a difficult day but for the seasoned crypto investors and traders this is just another regular day 😅.

^

BTC casually dropped >-30% almost monthly when posting a cool +1000% return in the 2017 bull run.