Being early with a short usually means you are still wrong. Being early to buying spot usually just means you have to wait longer to be right. In an industry where timing is so difficult you might as well focus on the side that gives you more flexibility.
I love the cadence of this chart
Bitcoin % of Supply in Profit/Loss
As I said previously, you start looking for major market cycle bottoms *after* they cross, not before.
They just crossed.
Such a great chart for keeping people on the right side of the market in midterm years