State of Mind - April 26th

New day on the crypto market!

What is the feeling today?

Today is a most confusing day! Indeed, some crypto products are growing strongly today, such as OmiseGO or Kyber Network, while the other part of the market, including Bitcoin, continues to consolidate. The increase of OMG and KNC is due to Bithumb's announcement of a listing of these 2 currencies.

Market capitalization bottomed out at $380 billion overnight (CEST) and is now at $388 billion.

A picture is better than a long speech, it represents the state of the market today.

In summary, today is a difficult day for market participants as some currencies are volatile due to fundamental news while the rest of the market is down.

It is in market conditions like that that it is necessary to be the most careful, do not succumb to the FOMO on the crypto which already took off and if you decide to enter position, do not forget your stop-loss !

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