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I was obviously wrong on "sell all risk assets" as equities continue to pump
bearish stance on crypto hasn't changed though, this limp-dick short-squeeze equities-correlation pump doesn't phase me, although we ARE obviously and unequivocally closer to the bottom than top, both time and price wise
scenario where current compression being a bottoming formation at 60-80k is possible, would look for deviation below to get eaten up before bidding or simply price not being able to even breach 60s whilst sellers momentum continues to decrease over the summer
a slightly more likely scenario for me is still expansion under it towards final bottom [40-50k] where the bid is so obvious you have to be mentally ill to fail execution
either way, both scenarios will be very easy to execute on and if you've managed to survive last ~7 months the play here is crystal clear
I do think soon will be the time to strap in, similar to January 2023
future is always bright and full of opportunities