This could very well be the ultimate bull trap. Staying cautious.

In my opinion, the real capitulation event hasn’t happened yet. • $BTC below 100k → 92–93k • $BTC below 92–93k → 60–70k (potential bottom) If the idea plays out, alts could drop another 50%-80%. I’m net short since late May, mostly altcoins, and adding more.

This is the time to scale out, not in. Strong resistances are being tested, and if this is just a correction of the downtrend since January, the entire move could eventually be fully reversed.

What a move! Alerts getting triggered now, meaning altcoins are reaching targets. I'm taking profits here.

$92k-98k should be next for $BTC

Babylon looks like a strong addition to the #Bitcoin ecosystem. The partnership with Sui is a good signal.

$BTC - Current View

Holding. Waiting. Observing. Emotions are loud right now, that's why mindset matters more than any indicator.

This really looks like a bear trap. Selling here would be a big mistake, in my opinion. The bounce should be strong. Just needs a trigger.

$BTC