$BTC is forming a Bearish 3 Drive Pattern. 108K to 113K is a restricted territory for me. I am expecting pullbacks. There are signs of short-term exhaustion in the market.
I like to position some in stables. If pullbacks happen, I’ll deploy capital, as simple as that.
On the 4-hour chart, MSB has been done and there are signs of a market shift and short-term exhaustion. This time we hedge against the market using stables. Win-win situation.