We currently have a market sentiment that feels sad or bad, in which even I, who am the most convinced person of the bull market, begin to think that the dates are already becoming too slow.

But here with the fall at the beginning of this month we return to the territory of those who get scared and leave the market and also in a smoothed average of 30 days (smoothed means that the average is taken and therefore over a longer period they tend to be much more specific) and here we see how we are in the greatest capitulation since the cycle lows.

But at this point we must see it as something positive, since when we are at historical highs and at the ceilings of this cycle they will see that there will not be a day of good news, and that is when they will distribute, since smart money is better off keeping prices in fear and they continue accumulating.

So, I really think that ETFs and all the institutions are playing to hold the market as long as possible, since in many large currencies we are going to see huge returns since they have the support of institutions. And it will probably happen in a couple of months, and when everyone wants to enter the market, they will be distributing.

Here in this blog I will also mention when I think they are good exit points.