Chopsolidation has been the key theme in recent weeks. Crypto markets have been in a process of digesting their recent gains, and now we await the next signal.
Aside from a small number of A+ setups, I'm being patient and giving the market time to consolidate. This seems like the prudent course of action.
Crypto markets continue to work their way higher, with Ethereum closing last week up +8% following a notable rally in weekend hours. The trend for crypto assets remains unequivocally higher, as we’ve alluded to in the past.