Five cryptoassets rise 10% or more as Bitcoin analyst urges traders to keep their pants on
A widely followed Bitcoin (BTC) analyst is warning traders to stay calm as a significant number of altcoins begin to rise.
Jason Pizzino tells his 276,000 YouTube subscribers that they’d better hold on to their shorts and avoid FOMO.
“[Let’s] try to keep your pants on right now. Don’t get too early on this. Wait to see if [Bitcoin] can get $20,700 [level]. And my next big Wyckoff bullish flip is at $23,200…
If you’re waiting for longer-term signals, you have to go back to the longer-term charts and look for where these areas go from bearish to bullish and those levels are a little bit higher.”
BTC is trading at $19,500 at the time of writing.
Ethereum (ETH)-based decentralized exchange Uniswap (UNI) also outperformed the markets today, up 11% over the past 24 hours, trading at $6.50 at time of writing.
Blockchain platform and ETH competitor Neo (NEO) is up 10% over the same period. NEO users can buy, sell, exchange, register and circulate multiple types of digital assets, as well as link them to physical assets through unique digital identifiers that can be verified.
Move-to-tearn altcoin STEPN (GMT) is up 12% since yesterday.
The native tool of an Israeli blockchain security startup, Kirobo (KIRO), is up 10% during this period. KIRO is used to reduce network fees by opening a payment channel between the user and the pool contract.
The SSV Network (SSV), which promotes decentralization, security and liveliness across the Ethereum consensus layer, is up 12% since yesterday.
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