19.04.2021

19 เม.ย. 2021

Though it seems likely (~70%) the drop to 50k was a trap, I don't like one bit the pattern price has formed in the last two months. We are only able to break into marginally higher highs that are followed by significant sell-offs.

19 เม.ย. 2021

บันทึก

To me on-chain and derivatives data looks bullish, the chart pattern bearish.

If we get acceptance above 61-62k, I believe it's off to the races. The current plan is to hedge 58-60k, but let's see if I'll pull the trigger.

19 เม.ย. 2021

บันทึก

Current portfolio (100% exposure):

64.12% BTC
10.00% ETH
08.82% ADA
07.19% LINK
07.09% BAND
1.66% DOT
1.13% UNI

19 เม.ย. 2021

บันทึก

Going from 57k to 60k-62k could be a +5% free lunch long. Funding is flat and 60k is the key area of interest. 60-62k has the potential be the optimal bull trap zone, as a lot of traders will be putting their bulltard cap back on if we get there.

19 เม.ย. 2021

บันทึก

Hedging 60k (or when the funding picks up), and hopping back in a bit higher or a lot lower seems to be the best option I can come up with right now.