We are in a very uncertain moment; the structure and the news indicate that we can and should continue to rise, we are 2% away from the historical maximum and we have just formed a bullish structure on the hourly chart with enough strength to surpass #ath .

The curious thing here is the indicators we have, we have extreme overbought conditions, we have been on a 6-week streak of increases, which is something that hasn't happened since 2020 during the alt season, the RSI indicates overbought in all currencies and what is most important to me is that on the daily chart, a strong structure has not been generated or is sufficient to go from 70 to historical highs.

So if you follow a guru or a signal group, it is not a good time to enter trades; the highs and the green candles are not a good time to go long, but if you go short, you would be going against the trend and additionally, it is not dropping #btc with strength.

Take extreme precautions and if you are in spot trading, it is very possible that during the next few weeks we may have some lower buying price, so if you have $BTC in spot, it may be a good time to sell.

Personally, I am going short with my stop at 108k but I also have a position with less leverage and Sl$ETH at 2,100.