I ask myself the question: has crypto market landed?
The answer came back: ambiguously.
About fundamental analysis:
- record number of USDT were printed
- BTC tested the previous bottom near $3000 the second time for the last years
- a lot of liquidations the long positions
We now see the accumulation where the large sell volume above and the buy walls from the big players of a large number of Bitcoins .
At the moment, I can assume that the big player wants to sell, he enhances his positions.
Well, there are several things that won't leave me alone:
- the financial crisis. By my estimation it'll continue for 2-5 quarters
- all this alarming talk about Tether and Bitfinex exchange.