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RE: Market Snapshot - May 2nd 2018
Green is always great to see for those holding but it is just the reaction from yesterday bear move. Bitcoin is on a clear trading range around $9000 and It may be in this range for a while.
EOS seems to have ended its correction from the previous bull run and last night broke the downtrend channel. Still early to be sure the uptrend is back in but it is a nice indication it bulls are pushing strong again.
Finally, Steem remains basically on the same position form the past two days. Still inside the uptrend channel with a very low volume on the STEEM/BTC 1hr chart, but it seems to have started a smooth rebound up.