BTC doesn't look super great, to be honest. Head and shoulders, bearish TK cross and Macro doesn't look great either. It might be just the expected "sell the news" event that retail expects for the Trump inauguration, and either it is a front-run or a self-fulfilling prophecy. We talked about this already in the last few months.

I don't think looking at TA or making theories around macros, politics, etc is helping much right now. It is time to play it level by level.

It is definitely time to be cautious, I would strongly suggest not being overleveraged and also considering taking some larger stable positions to be on the safe side.

So far we are still bullish, there is no reason to short or expect much lower until we break below 92-93k. Still for the above reasons, my personal strategy is better to be safe than sorry. Things that make me bullish again is the overall already horrible sentiment where most people expect lower. 

I also don't think the meta of AI agent and other promising narratives will stop but we might get a temporary slow time or even retrace all over the board.

I didn't touch my high-conviction positions because I am also comfortable holding these on a downturn for months.

Act accordingly. If you followed my TP and risk management guide, you will already be comfy and hardly be caught with your pants down 🫡