Market looks very boring and here where most people get capitulated.
Like a month ago when $BTC was ranging between 25-26k$ for like 20 days and a lots of FUDs came in, that's where retailers became bearish and after that an impulsive move towards 31k$.
Similarly, now market in ranging between 30-31k$ for 15 days with a lots of bullish news making everyone bullish. The next move will be an impulsive move and a dump towards 25-26k$ so be prepared.
What I am doing?
- Currently holding $BTC shorts with average entry around 30800$ with proper risk management.
- Booked profit in all of my short term spot bags which I bought when everyone is in panic.
- Sold a small part of my long term portfolio to re-buy at dip.
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