May bear seasonality is coming

Just like the previous summer of 2024, I expect us to chop in this 70k to 95k range with lower lows until the August - September period.

Ways you can profit from these period

- Track low MC high mindshare tokens like $AVA which can move even in bearish conditions

- Short $XRP, $SOL, tokens with high unlocks and lack of momentum

- Preserve capital

Current price action heavily reminds me of the same April period where we almost reached new highs on $BTC above 70k before going back down.

Reasons to be bearish include:

- Fed deciding not to take any action on rate reductions

- Summer seasonality

- Lack of momentum for equities and alts

Stay careful out there