@kinglacrypto No, not invalidated yet. Nature of the move is still the same (bear market rally/short squeeze) and still seeing signs of clear manipulation. New lows are still likely according to my system, and a capitulation event could still be yet to come.
I stick to my plan.
Despite all the noise, I know that the vast majority of those who follow me are genuine and good people. And these deserve an update:
This time away from Twitter has been very good and necessary. I'm totally fine, enjoying my personal life. Thank you to everyone who has shown interest.
Price broke 25k but altcoins didn't follow and they are at major resistances. My system keeps telling me that the move from the lows is a highly manipulated move (mostly with BUSD and USDC) and soon the truth will come out. And when that happens...
I remain bearish and fully out of the market. New lows are still likely.
@AltcoinSherpa To add more:
This bounce is being weaker than the others, yet people are more euphoric and arrogant every time. Random altcoins pumping more than avg. is totally normal.
@Crypt0Entropy CT is a reflection of society but highlighting its darker side, since behind a screen and being anonymous everything is easier.
Amidst the crowd, pure-hearted people are a scarce treasure.
@Pentosh1 What works for me is:
Stick to your plan until clear invalidation. This is harder when you get so much visibility, which I appreciate but I've never asked for. And even harder when you get that much heat. But I will keep sharing how I see things. Let them make noise.
@trader1sz A break below 22500 is the bearish confirmation. Current bear market rally has created the perfect environment for people to keep buying all the dips when the current trend reverses.
Perfect scenario for a capitulation event in the next few weeks.
For those wondering: I'm totally fine. Just disconnecting from all the Twitter negativity and focusing on charts/enjoying life. There's no point tweeting when there's no change.
And yes, still short and strong. Interesting week ahead.
I've been checking charts all this time, avoiding noise from Twitter. The way the upward movement is happening, the way htf resistances are being tested... it clearly looks manipulated, no real demand.
Once again, the biggest bull trap I've ever seen. But they won't trap me.
Last pump from 19k to 21k showed a lot of weakness and trapped bulls. OI went down and funding is increasing like never before since the 16k local bottom.
This supports the theory that the parabolic ltf move is reaching its top.