#XAUT Traditional financial markets are broadly down; only a few are rising. Overall, the financial market is bearish, so don't go long lightly. Don't jump into spot trading either, thinking it's safer and you can gain a little. The moment you get in, prices drop and don't look back, as if the market is working against you. Do you really have that much influence?

The broad-based rally is over. Gold has rebounded notably after falling, but look at silver—it has barely moved. The entry point for going long isn't good, and chasing silver higher could leave you stuck with losses.

If you want to short Ethereum on a rebound and are hoping it will rise a bit higher first, you might not even be able to get on the $ETH short train.