$ICP - Just another similar style play as the previous ones. Much easier to jump and join into the hype and play it for a few weeks then try to knife catch and time the other ones. This one might be more available on exchanges.
Again don't have to take these and sitting on hands is still a great strategy. This does just remind me a lot of last November where markets were looking bad and people all started pumping tokens like $XRP and $XLM and we see a little rally before a lot of things had a pullback.
I think the narrative is shifting away from memes which is why I can also be bearish on memes but still see some stupid money going to these other more established ones.
IncomeSharks
Crypto and stock trader focused on fundamental analysis, trend analysis, and swing trading.
$ETH - It's going to be much more difficult trying to call a bottom and there are a lot of scenarios that can play out. That's why I was taking profits higher up so I can now be patient and react to what's happening.
Seems like we have a very clear range and I could see a rally that comes back up to the top of the channel or re-tests the break down. The only way I would get fully bullish again and eliminate that lower downside is for it to actually break out of the downtrend.
We could break down this support without touching the upside as well so not really a place I would be bidding aggressively. It's much easier to wait for confirmation without sweating it out worried about a breakdown.

