Hi, my Steemians friends,
Just early Saturday and we already got some bad news:
BTC is now trading as critical support range at $5800 - $6100, which was such a wrong signal. Furthermore, the market cap and dominance is not looking good also:
From those numbers, the only one thing I can say right now: Stay off all the altcoins if you intend to trade. It is not the time to purchase since the Bitcoin has acquired 50% of the market dominance why the market cap keeps bleeding.
I suspect that no sooner or later, Altcoins will have a new low, and if there is still no signal for reversal, better wait for one.