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Generally strong earnings from key companies reporting this week have provided the view that the economic outlook may have grown too bearish in April.
And as these ecosystems grow and evolve, investors can find new and exciting reasons to invest in these long-term growth assets.
Accordingly, investors are likely to remain on edge for some time, until signs of a true bull market materialize again.
Accordingly, investors looking to play the long game in this sector may want to take some time away from reading daily charts and following the price action on these tokens too closely.
Today’s price action is indicative of the kinds of dramatic moves to the upside and downside that can happen within the span of a given trading day.