BNB trade ida- net short- ADA is brutally overvalued as well

Analysis: If we look at the chart of BNB we can see a nice try to do another huge bullish momentum. The market peaked near the 500$ level I think that that was the last strive to bring some new money to the market. As BTC peaked as well around the 50k level, I became NET BEARISH on the crypto market from now. Most of the alcoins are still over 10.000% ROI so we need to back to find some equilibrium price in the near future. The 250$ level could act as a strong resistance but i think it will be just a matter of time and we will have a crash from that level.