The max pain scenario right now feels like more choppy trading. The majority seems to have an extreme sentiment, either too bullish or too bearish, since this range has persisted for almost four months. But what if we continue to range, experience more choppiness, retest the range bottom again, and then start an ATH rally in 2-3 months from now? This is similar to the 2023 summer pattern, which also began mid-March, with the price not breaking out until mid-October. It might be best to just stay patient and play the range during the summer.
What if?
