Volatility has been elevated, but this isn’t a true panic.
The last three major capitulations all came with a VIX > 50 blow-off. We’re nowhere near that.
$SPY selling has been sharp, but still orderly.
Crypto can literally rip upwards at any moment
As fucked up as this crash FEELS
The game is not over
A smart move at this point is to sell some coins on the retest of $100K (highly likely)
If we break above strongly then the game is back on, just hop right back in
If we fail and come down then you have some cash to buy the next lows
Alt season will come and I plan to be here for it
This is just one round in an endless game
PS FUCK BEARS