this is tricky tricky tricky.
unless on the sticks and actively managing positions i would recommend a more buy the dip approach untill we near 40k. we believe we are gonna see some type of 35 ish k small to medium reject with a re test to break thro 35500 to 40k under belly. we think btc will go to low 40ks and drop back to 30k even 28 for a true shake out and re test of 40k after that and beyond from there. so much can change from now till then but did find it interesting that this theory is playing out so on point. the support test for btc was almost exactly 1 month apart.... food for thought.
in general we r staying out of to many alt positions and keeping it to the projects making money etc now. sushi 1inch uni snx zks maybe some matic ada n dot n def always more ZKS (our fav L2 option rite now) with an eye towards defi like aave mkr lend crv etc. just get in where u fit in and remember in the end its all about eth n btc with some back ups..... play in alts but remember why we do this....
regardless to all day traders not the worst to consider taking some small profits n wait n watch btc n how she reacts to the weekend (seeing really low wei /eth gas prices which is crazy after that 400 plus wei spike yesterday)
unless on the sticks and actively managing positions i would recommend a more buy the dip approach untill we near 40k. we believe we are gonna see some type of 35 ish k small to medium reject with a re test to break thro 35500 to 40k under belly. we think btc will go to low 40ks and drop back to 30k even 28 for a true shake out and re test of 40k after that and beyond from there. so much can change from now till then but did find it interesting that this theory is playing out so on point. the support test for btc was almost exactly 1 month apart.... food for thought.
in general we r staying out of to many alt positions and keeping it to the projects making money etc now. sushi 1inch uni snx zks maybe some matic ada n dot n def always more ZKS (our fav L2 option rite now) with an eye towards defi like aave mkr lend crv etc. just get in where u fit in and remember in the end its all about eth n btc with some back ups..... play in alts but remember why we do this....
regardless to all day traders not the worst to consider taking some small profits n wait n watch btc n how she reacts to the weekend (seeing really low wei /eth gas prices which is crazy after that 400 plus wei spike yesterday)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.