Weekly Watchlist Update

Last week I mentioned that the early February window would be critical to assess if we would see an alt run or not. Right now things are very much shaping up in our favor with BTC going for new highs here today. This will be a catalyst for more risk on environment.

We had a nice bounce on most of our watchlist plays this week and I would expect this run to continue into late February at the earliest. That is where we can reevaluate where the market is. Hopefully, you watched the market update I put out yesterday. If you did then you will see that BTC has been taking back ETH’s outperformance the last few days. We will simply have to keep monitoring the situation although I am not too concerned about it either way with the overall strength of the market people will be more inclined to go risk on.