Part of dancing os adaptability
Structural change
I wanted to get a confirmation of the prev high taken out
U never buy the first green candle
From here I test the strength of 80k
$BTC
TIMR TO DANCE ๐ชฉ
Ansem says he was wrong about being bullish and has now flipped bearish on crypto, sharing the BTC and ETH levels that could change his mind.
โSo I think I was wrong on being bullish. Currently, I flip bearish.โ
โI think it's like whatever 82.5 on BTC, probably above there, and then like 2450 on on ETH.โ
โWe'll see in the next couple weeks what it looks like.โ
Ansem is currently bearish on the market and explains why ETH is one of the weaker assets and the best choice to short
โI'm bearish right nowโ
โhigh level ETH in 2021 all-time high 4800, last cycle when it bottomed in 2022-2023 around 880โ
โDidn't make a new all-time high though, so it's been pretty weak comparatively to like other assets, as we know AI has dominated most of the returns for risk past few yearsโ
โFundamentally, I think ETH is one of the better assets to short when you're bearish on the market, and I've been pretty consistent with thatโ