After a solid 10.3% gain over the month of March, Prime Time started April with a minor correction. $LUNA is holding well and I do expect this rally to take us much higher. Love to see it.
In my opinion, no need for changes in structure for now.
Prime Time is an actively managed Crypto Strategy, with the majority of its holdings invested in the Decentralized Finance Space.
According to Coinglass, over $751 million worth of trader positions in digital assets were wiped out in a 12-hour span yesterday. Am I worried about this correction? No, I am absolutely bullish. The exchange reserves have hit new lows; feer and geed index is in the extreme fear zone and the whales keep loading up their bags.
Again, Bitcoin (BTC) whales have been buying the dip. Santiment noted on Twitter, that active Bitcoin whale addresses holding between 100 to 10,000 BTC, accumulated about 40,000 BTC during last week’s price dip. Additionally, Bitcoin’s current social sentiment is at its most bearish level in seven weeks. You know by now that prices tend to top out when social sentiment gets too high and bottom out when the metric gets too low. I think we have hit the bottom. Let the gains begin