Super optimistic prop companies traders are quite bearish atm.

$BTC was rejected from the top two times, and yesterday demonstrated surprising weakness, falling below monthly support.

Today there are two major events: CPI and Interest Rate Decision. Initially both give mixed signal, CPI is expected to be lower than the previous one, while IR should remain unchanged.

The question is how market will react to that, and interpret these results for the investors risk appetite.

I have placed very small sell position (I have’t sell for ages on this market as I prefer not to go against the trend) on one of alts, but if I were to advise anyone else- I’d suggest to de-risk the account or go very small size, keeping in mind that you will never see this money again.

Do not rash to buy dips as well, it will be clear later on what the actual dip is.