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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. #BinanceTournament #Binance #bitcoin #feedfeverchallage #marketupdate

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.

#BinanceTournament #Binance #bitcoin #feedfeverchallage #marketupdate

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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