My current view of the market for the next 6 months.
Holding a short from $30k, will take profit under 25k next 3 weeks or hold for a liquidation cascade down to 17-19k.
Will only be net long from the bottom of the cascade around 18k in August.
Holding a short from $30k, will take profit under 25k next 3 weeks or hold for a liquidation cascade down to 17-19k.
Will only be net long from the bottom of the cascade around 18k in August.
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so the liquidation cascade entered now as opposed to in August
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would take profit from 20k long at 33k. would adjust short asks to 40k+
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