I know that these last weeks/months, most people have increased the value of their portfolios and I’m happy about it. For my part, I’m just being faithful to my analysis, always respecting the work of others and dedicating hundreds of hours to make a macro analysis of the whole market while ignoring the noise. The main idea remains the same. There are people who seem resentful that I’m not exposed to the market, but it’s my decision and I’m good with it.
There will always be opportunities.
$BNB
I have been posting updates on Telegram all year. Every addition to the short position, the reasons why...
PA, heatmaps, OI and fundings very similar to $FTT or $LUNA before the crash.
The main move hasn't happened yet.
Current avg. entry = $301
My thesis during this year has been that the move from the lows has been a bear market rally, mostly manipulated by the same people, in order to make everyone believe the bull market has already started.
The truth is coming out little by little. The CFTC already alleged this back in March 2023 (https://t.co/dN6gQcZffA) and now the DOJ is going to have access to the @Binance books via a monitor and will be able to verify this.
Sometimes we can't control or predict when or where they will decide to manipulate the market, but I remain true to my analysis and to what I see day after day, regardless of all adversities. It's not easy to keep a cool mind and try to be objective when the situation is so extreme and emotions try to cloud your judgment.
It's all there, but sometimes reality can be harsh.