Four Crypto Developments We Need to Monitor

There's no denying that we've been erring on the cautious side, even in the face of this recent strength.

While we have seen an expansion in new highs, the majority of coins find themselves right below overhead supply. The same can be said for the major averages, which have bounced nicely into tactical levels of resistance.

The primary trend is still down, and repairs after bear markets like these often take months and quarters, not weeks.

Having said that, we can never be dogmatic in our approach. If we don't account for new data as it comes in, we're no longer doing our job as technical analysts.

We often like to make Monday's letter a little more lengthy and detailed, but this week we're taking the opposite approach.

That is, we're outlining four simple developments that'd make us flip more on the bullish side.

Let's dive in.