(Other ways to attack cats with charts may include indicators where there's clear since April, similar patterns in major alts, and more.)
It was on the 29th that we reversed trend, which was apparent at the time based on the data and further validated by the Wyckoff pattern that has played out afterwards. Notably, this was also when articles started getting published across the community about how BTC always changes trends on the 6th of the month. Unsurprisingly, the 6th was not an exciting day when it came and comes as accumulation is already moving into its latter stages. It's a wonderfully teachable example of how news works in crypto.
Part of why I'm posting this now is because I think this is the point where the odds are great that people are going to push the play button on the chart and the result will look good. I certainly haven't been shy about being in chat, (and mea culpa, I got May wrong by remaining for way too long, at least on the timescales most people trade). If you're still trying to short here though, after retracing most of the April rally and watching the growing signs from many different models that we've reversed to start another leg up, then you're being as greedy as us bulls who expected to be able to push through 10k despite the signs of weakness that started building in early May.
I'm an amateur and you definitely shouldn't take anything I say as financial advice. I'd appreciate any feedback.
Even if we get a crazy bounce out of all of this (which I do think is possible given much of the rationale is still true - and would make the play button hilarious), the timing of this trade was a disaster.
Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord https://discord.gg/YVpTeSK