Again the market tricked me, just like at the beginning of June, only now with shorts)) Well, okay, where did ours go? This pump caught me in the seas, so I decided not to jump out, but simply double the liquidity on an isolated margin for all pairs, fortunately there is still quite a lot of cash.

Tonight, already at home, I opened the laptop, looked at the charts, basically nothing terrible happened, the prices for my alts went down by an average of eight percent. I took hedging longs on chz, matic, ada and dot. With short feet. If I deem it necessary, I will take a long hedge on other coins on which I opened short positions in June. Now the task is to try not to repeat the beginning of the month, when gmt and algo were strongly not in my direction, and I started building a short hedge late.

Bitcoin flew away on good news, and like on March 10, it did so abruptly, leaving several pronounced gaps on the 4-hour clock. The price does not like sharp rises/falls and will strive to close these inefficiencies in the future. For btc, my scenarios of May 25 and June 9 began to come true for a bear trap and growth above 30k, from which I mistakenly moved away after June 10. Going to 45 plus or minus becomes quite relevant, considering how long the cue ball accumulated in the 26000 zone. But to grow there, it is advisable to close at least a couple of gaps below and then consolidate above 32k.

In addition to the ineffectiveness of price movement and the beginning of growth on well-known good news, I am personally confused about who to sell Bitcoin to if it goes to 42-45k from the current level. Who will buy it based on those numbers?) If you just throw in more super positive news...

Now, in fact, possible permission for Bitcoin ETFs is being worked out. That is, if in fact blackrock (and others) are given the green light, then this news will have already been processed and realized in price by that time.

In my opinion, it is too early to look above 40k, but it is necessary to close the gaps at 34500, 35300 and maybe 37300. Either after a correction to 27700-28500, or from the current ones immediately. We have come a very long way since December so that, having found ourselves in the region of 30k for the second time in two months, we do not go to these price gaps.

I haven’t closed my four April short positions on btc yet, two of them are now in a slight minus, two are almost at zero. If necessary, I will also hedge with longs later. As for alts, I’ll tell you a little later why I’m almost sure that the price will ultimately, at a minimum, let me out in the short to medium term, and most likely, it will close at a good plus.