All in all, yesterday we saw some manipulation around the data release, squeezing out the short sellers, followed by a pullback and a surge in long positions.

This is because the macro situation has only worsened: the market is now even more convinced that rates will rise, so everything we wrote earlier still holds true.

On the other hand, we have an altcoin that’s attracting liquidity, which means more entry points and setups, so scalpers will definitely have plenty to work with over the weekend.

And we’re seeing a bit of a return to the vibe of activities and grinds: more and more projects are popping up, such as the NFT mining project Hashcat, free mints, sales, and various drops.

All in all, it’s time to start looking in this direction and seeking out opportunities. It could be a nice boost for low-bankroll traders.

Here’s a little insider tip for you: the Arc Mainnet launches on September 16. Take a closer look at the ecosystem—memes and NFTs—there’s plenty of activity and things to grind. We at Alpha have already started working on it; there could be some good opportunities coming up.