No retail follow up of a 300% gain in 3 months.
Sentiment change - exhaustion.
Increase size/risk as we go up, up to 11.7k.
Pay attention to 9.3k level, once reached tighten stops.
Secondary target: 6.2k-6.4k (let a portion of your position ride down here with a stop at 9.3k)
Same target. Same play. We are going to play this as a short squeeze.
Stop new highs.
Targer remains 6.6k, trailing stop down to 11k after we break 9.8k
Reentering on new lows.
I sold all my spot at 8.2k and 9.8k (50/50).
I longed 3.4k and 4.1k though.
Its relevant to understand how my trade/invest in these markets that basically my whole net worth is in this, thus my "neutral" position is 100% long. Probably relatively to my net worth I made much more money on the way up than 99% of cryptotraders/investors.