I think my biggest mistake on this trade wasn't getting in too early. I think it's having too low of targets of when to exit. Removed my $3,600 target already, might do the same with $4,000 depending on the reaction there.
$BERRY - We are seeing a shift back to people feeling more comfortable going with size to established projects, buying and holding. Strong community and AI token with a chart that looks like the calm before the storm. Diagonal broke, now knocking on resistance.
$SOLETH - If you made the mistake of picking $ETH over $SOL last year don't make the reverse mistake of picking $SOL over $ETH now. The conditions have changed and Ethereum is the winner now.
In the past 25 days we've only see 4 red daily candles for Ethereum. And the candles have been TINY. This is some of the best momentum we've seen in a long time.
Imagine the bull run right now if there were about 100 coins. 10 to 20 memes, 10 majors like $BTC and $ETH. and then 70 tokens with every developer in the space building and working on them competing to innovate and be the best.
$BTC - I wouldn't be surprised to see a vertical explosion out of this channel. The worst case would be a trendline touch which is still not only bullish but would be a great reset. Worst case 112k then ATH. Best case, $125k in August.
Here's a side by side comparison of $ETH versus $PUMP since it went live. One is up 38% and the other was pushed heavily by a lot of big accounts who won't disclose they were paid. Nature is healing.
I've never seen so many big accounts be transparent about losing a trade like with $PUMP. It's almost like they all took deals and want you to feel like they lost with you too when they all got deals and dumped. You can't convince me they all matured overnight and admit losing.
$ETH - After a record setting 9 daily candles, two tiny red candles, we are now back to already 2 green candles. Some of the most bullish action we've seen in years. Still time to hit $4k before end of month.
When the markets are printing it's the best time to take out profits because you won't even notice them coming out of your account. Then when the music stops you'll look back and realize you actually have something to show for for all the hours you spent trading.
$SPX - Delusion index still looks good. A nice breakout and re-test back at support. Get ready to see the markets run hard when this pushes back up and $ETH runs to $4k.
$BTC - Looks great, we haven't even had enough selling to re-test SuperTrend. It could drop $112k in one candle and it'd still be bullish. A lot of people trading with emotions not fundamentals.
Put to Call ratio show how many have calls open and how everyone is closing Puts. Historically when we get low enough and everyone is over leveraged long we'll drop. Red lines usually when it's good to take profits/hedge. Green lines when you go aggressive buying the dip/calls.
$VIX - If you buy on massive spikes you'll get amazing entries. If you sell or de-risk when it's bottomed you'll be taking profit near local tops. Traders do the opposite because they trade emotionally. They sell in chaos and buy during peace. You need to do the opposite.