Although $BTC and $ETH are relatively stable at the moment, the real bear market rages on in the weakest alts.
Last week (7 day performance):
$SOL : -23.46% (new lows)
$AXS: -11.94%
$ZIL : -10.46%
$BAT: -11.08%
$FLOW: -11.72%
This might be only the first signs of a new upcoming downleg, that could send coins like $SOL below 5usd. In alts in a bearmarket, it's almost never too late to sell because there will be no new bullmarket before $ETH and $BTC break to the upside through strong resistancelevels and confirm that move by retesting the previous resistance as support.
That gives us plenty of time to buy back in.
The alt stars of the next bullmarket in crypto will probably be projects we don't know about yet (or that don't exist yet). Nevertheless we have a shoppinglist with $ALGO , $ATOM , $AAVE , $ADA , $MATIC and many others.
That's why we are very happy to be mainly out of the market. We will be able to buy so much more alts with our stableposition once the dust settles.
