Report on bots + market overview. Post #20



1. LTC/USDT +3.18%, LTC/USDT (x4) +8.93%, XRP/USDT +3.69% (closed), XRP/USDT (x5) +10.64% (closed, total profit +50.16%).
2. DOT/USDT(x3) +5.13%, FIL/USDT(x2) +4.73%, ETH/USDT(x8) +6.69%, MNT/USDT(x3) +3.98% (for 4 days).
3. GT/ETH +0.95%.

This week, the market has been growing at record pace. Several of my bots unexpectedly exceeded the upper boundary of the range.
Theoretically, the market could continue to rise, based on expectations of the US softening its policy towards cryptocurrencies. Following the US, China could also soften its approach. Cryptocurrencies could suddenly become the key to dominance in the financial sector, and global powers could engage in a struggle for leadership in this sphere.
The problem is that at the moment these are only plans, rumors, expectations. In fact, Trump's inauguration may undergo correction. Another reason for correction may be the decision on the rate in the US in December. Statements from the Fed have become more cautious and the rate may not be lowered.
In addition, risks remain from the geopolitical side.
The rise is supported by the fact that Tether is printing USDT at record pace, while loan rates remain low. This indicates that the rise is fueled by new money and the market has not yet entered a state of euphoria, where people take on huge positions completely forgetting about the risk.
Taking all this into account, I have launched several new bots to replace those that have gone out of range. For example, I increased my positions in MNT, ETH. The MNT/USDT bot (x3) has been added to the review. One of my DOT/USDT bots (x3) has approached the upper limit, so it will be replaced by another bot in the same pair in the report. If the market continues its rise and my bots go out of trading ranges, I will consider reducing my loans. I do not plan to reduce positions beyond what is necessary to repay the debt for now.
LTC-0,84%
XRP-0,51%
X-2,64%
DOT-2,89%
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