Weekly Watchlist Update

The broader market continues to go down as we have been forecasting. BTC is dragging everything lower at the moment but I don’t think that will last for long. I expect BTC to find a bottom by next Thursday at the latest. However, the market is now shifting focus to ETH as BTC dominance falls and ETH/BTC is breaking out. This means that we can see a huge rotation of money into the ETH ecosystem over the next few weeks and months. This is the scenario we have been watching for if our small caps are going to get hot. I believe we may still be 2 weeks out from things really kicking off but once they do we can see fireworks. That said, the next few days and weeks are typically the point of max pain as everything hits one final low before taking off. If we can stomach this volatility in the next weeks we should be rewarded in February.