I'd favour the scenario right now to be honest. During the larger wave 4 (which could last 2 months), we'll see most of the shitcoins go through some enormous pump and dumps.
So prepare your cash and get ready, because sideways bitcoin movement= alt season.
There's a lot of confluence for that wave 5, ending at that , and it will be a fantastic shorting opportunity, and probably our last chance to buy BTC around the $4K area.
Patience my fellow traders :)