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?
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Max pain scenario atm feels like just more chop, majority tends to have an extreme sentiment either too bullish or too bullish atm since this range has been going on for 4 months almost
But what if we just range more, chop more, retest range bottom again and then start ath rally in like 2-3 months from now? Similar to 2023 summer? Also quite ironic the 2023 summer range started mid march also, and price didn't break out until mid october, probably best to just touch grass and play the range during the summer
What if ?
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