#thinking out loud
When should you start shorting?
Let's think about whether it's worth opening shorts now?
- I think not, since our trend is super bullish on the cue ball, there is no setup for shorts at all. It is better to start shorting when there are compelling arguments for this. Yes, in this case, TVH may not be at its peak, but it is not against the trend, especially against such a strong one. Also, everyone who is now taking risks and opening shorts is clearly setting their stops for yesterday’s high of 64k, or for the global high, somewhere at 70k+. and all this may serve to push the price even higher.
Where is the peak?
- It’s hard to say, all my goals that I expected and not particularly, they have been fulfilled, then all that remains is to observe. At any moment we can turn around and fly down, or we can grow by interrupting the highs and it is not clear where the stop will be.
I see how alta is growing, some are really pumping up, well, I don’t consider this an alt season. This is not the same at all. But it will most likely happen quite soon, and maybe it has already begun. We'll find out soon. In any case, I think so. that there will definitely be a flow of money into alts, either finally to drive the crowd, or the growth of the cue ball will not continue as rapidly as it is now, well, the main capital will be in alts.