market update on crypto ! must read
Market Update Good evening boys, Not too much to update right now, but I genuinely feel excited about what the next six months could bring. Everything is starting to align with what I’ve been saying for a while, and I think you’ll soon see firsthand why patience gets rewarded in this market. At the end of the day, the goal with investing is to be able to place your capital, let the market do its thing, and come back to solid returns. I understand that some of you, especially those who haven’t been here from the beginning, might still have doubts(if u do u need a back hand from me ) . That’s normal. But if you look at the track record, I’ve been consistently on point, and more importantly, I’ve focused on protecting your capital in a market that hasn’t been easy. There aren’t any groups operating the way i do, especially when it comes to managing risk at your level with not much capital. From a market perspective, things are still somewhat unclear in terms of direction, but the key levels are mapped out. I had the 80k–84k region in mind, although I didn’t emphasize it much since those are more intraday levels. My primary focus has been on a potential move toward 90k, which is still very much on the table. On the downside, I’m still watching the 50k–55k region as a worst-case scenario. My overall thesis hasn’t changed. Those lower levels haven’t been invalidated, but the higher we move away from them, the less likely they are to be revisited. That said, fundamentals and market manipulation are two different things, and I’m not fully convinced we’re completely in the clear yet. That’s why I’m currently holding the ****** short as a hedge if we push higher, we benefit from spot positions; if we pull back, the short pays off. It’s a win-win setup. I do believe spot positions will perform over time, but if there’s an opportunity to capture strong profits during a pullback, I’ll take it. Personally, I’m leaning toward some form of pullback happening—the real question is how deep it goes. If we do get an extreme move down toward the 50k region, I see that as the final major opportunity to accumulate.