Important change in the Crypto Market: Don't buy alts yet!

Quick note:
I am slightly bullish, but I need to see more strength in the TPI. As of right now it's only 0.25 on BTC, where 0.2 is the threshold to go bullish.
I wouldn't swing long on a lot of trades with a lot of risk as of yet.

It is very likely we do go a bit higher, if we see shorts get liquidated:
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.