// macro - Still bullish. - Late part of the cycle. - Still holding spot since early cycle, and profits taken out in the 2024 rally won't flow back in this cycle.
// Medium time frame - Still bullish since 80k reclaim/trendline break - Still holding on to new positions taken after 80k trendline break + 90k range low reclaim (mainly HYPEAAVECRV)
// Short time frame - Was already cautious and waiting for a trigger before adding new spot positions. - Now, after confirmation of breaking down below the range high demand, -> still cautious and see no reason to rush into new positions. - Looking for 2 triggers here: sweep of the current 100k lows, followed by a reclaim and trendline break with very tight invalidation. - Otherwise, I'll wait for the range to be low around the low 90s. - Or, of course, a miraculous bang back above the range highs.
tldr; Macro bullish, slowly positioning in times of panic (early April latest), and now looking for another trigger or deep zone to load up a bit more spot.
Short-term and mid-term cautious, and not adding new positions until either a setup forms at the range lows, the $BTC 100k lows are swept and reclaimed (with tight invalidation), or a significant move back above the range high.
Lower time frames are noise for me at the moment, and I'm staying bullish on the macro, focusing on places to execute.
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