Surely you all must be starting to feel discouraged.
When Bitcoin reached 92-94, the market was in strong FOMO, and altcoins were continuously creating new ATHs.
But by the time of April 26 when I called to exit 50%, you all were criticizing me😁
Bitcoin continues to FOMO => Altcoins stall
Bitcoin slightly corrects => Altcoins adjust accordingly
Bitcoin climbs again => Altcoins get seasick
Bitcoin corrects strongly => Altcoins break down😁
So what if Bitcoin is about to correct to 85-86?
Deeper down to 80-85
There is only one scenario => Altcoins split from the peak
At this point, I really can't analyze anymore; it's possible it continues to FOMO for one last surge up to around 97-98 before correcting deeply to 85.
But it could also correct from this price range.
So currently, whether to Long or Short, I can't make any predictions, it's no longer in a safe zone for future orders.
1 wait to drop to 91-92 then Long
2 wait for a bounce up to about 96 then Short
But I don't play these short scalps, as they are very uncomfortable; there will be periods where not every moment is suitable for Long or Short, this is the period I'm talking about.
In general, at this point, I don't know; I'm not sure if it will go up and then correct or just correct from here.
I only know how to manage capital and only exit at the point where I feel safe.