In my personal opinion, the current increase in bitcoin hashrate is a strong fundamental signal that a bull cycle is about to occur.
And technically bitcoin is also ready to explode because structurally the market is still valid for bullish and there is no valid bearish structure. Even if there is, it only occurs in low timeframes which can be categorized as noise.
On-chain data also mostly shows a bullish trend.
Meanwhile, international politics are currently more positive for bitcoin.
So I am confident to continue buying bitcoin. Of course with spot trading, not with margin trading.
It's not that I'm against trading with margin, I also trade forex which of course is done with margin. But for crypto I feel better trading with spot for many reasons. And the main reason is because I see crypto as a combination of commodities and company stocks which should be treated as such.
Because trading with spot I don't need to be too accurate, I just need to set my average cost to stay good.
And things like that are also done by large institutions. They don't care about all the noise that occurs in the market.
“Simplicity is the ultimate sophistication” (Leonardo Da Vinci)