I went 70% cash today

Just too much volatility in the market and it would be a fool to go all in on assets right now. I'm still bullish on Bitcoin and Ethereum in the long term and will continue to buy in as long as exchanges keep running and that's not going to stop.

However, 70% cash seems like the play for me I am afraid. It's just my perspective and I feel that crypto is really the least of the concerns the American market is considering. Layoffs are happening and buying power will go down as a result, this makes Bitcoin very unviable for the short term. It's just the truth of what's going to happen.

That said, the speculative side of the alt coin environment is still going to exist but good luck choosing the right coin to make the play I would say. Play it wise but still bullish IMO. But you do YOU.