My current thoughts on the market 🧵👇🏼

I wanted to share my view on the market because right now, your approach really depends on your strategy.
To begin with, looking at historical data, we are likely around the bottoming region for $BTC . Could we go lower? Absolutely. However, if you're looking to DCA around the lows without stressing over exact price entries, the upcoming months offer a solid opportunity.
There is a strong case to be made that the bottom is close:
• HTF RSI is oversold with bullish divergence
• Price touching the lower monthly Bollinger Bands
• MACD turning light red & trendline breaks
• Exchange shutdowns (a classic capitulation signal)
• On-chain indicators sitting near prior bear market lows
What I do notice, though, is that many people are trying to force a bottom, and have been calling for one all the way down. People are mocking the 4-year cycle, showing they don't fully understand how it works.
There is still plenty of liquidity resting around the 50k area, average BTC buy price hasn't been touched, and we have yet to make a higher high. Stay cautious and play your strategy.
As for altcoins, I’m remaining cautious for now, when Bitcoin sneezes, alts still fall off a cliff.
Looking at the ETH/BTC chart, I suspect Ethereum will take the spotlight in the next cycle. Because of that, my main focus is anchored around $BTC, $ETH , $KAS , and $TAO .
Everything else in the altcoin space is strictly for swing trades until structural strength returns.
Wauwda out 🫡