Short-term bullish?
Everything is said on the chart
I will take profits along what I believe is the last run before a bear market,
I still believe there are many positive factors that will positively affect FTM and the crypto market in the short term.
Also; whales have accumulated
“According to WhaleStats, Fantom ( FTM ) has been among the top ten tokens purchased by the top 100 ETH wallets this week.”
https://dailyhodl.com/2022/03/26/ethereum-whales-are-accumulating-top-eth-rival-and-dropping-dogecoin-doge-competitor-shiba-inu-shib/
The price might have simply been acting strange recently with those Fork Ponzi farming protocols
Graph of S&P500 , Federal Quantitative Tightening (QT), and BTCUSD
It is imperative to know the importance of macroeconomics and such policy. If QT is high, which will most likely be the case due to extreme money printing
https://miro.medium.com/max/1400/1*r76fxDLGvvI4vqzJUFIFiQ.png

