Seeing several possibilities here, not hoping to catch the whole movement just 60% give or take.
Currently in three positions all 2:1 or greater never risking more then 2% of my stack
Risk Management 50% of trading
Technical analysis 25% of trading
Fundamentals 25% of trading
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Have always been a proponent of Fibonacci and use it heavily in my technical analysis.
Looking at the 15 minutes time frame it definitely looks to be cooling down on the micro.
Find lots of confluence on the fibs and other indicators are all pointing bearish with a slight bounce/consolidation happening currently.
Look to top of channel for entry.
On the macro 1D...
Fundamentals always trump technical analysis. Tether dump, wanna be BTC baller fomo and Fidelity adoption among other adoption ( Bitcoin satellites to name one of my favorites! :) ) are driving the price up! Now that being said everything has a top, at least a temporary one anyways. Top/bottom hunting is one of the most difficult things to master in technical...