i would not be perma bearish on crypto, there is some good entrys on alot of stuff, The Re-trace has probably almost completed, maybe a few more weeks of downside but things are looking close to bottom, Lower 70k would be great however im not going to be grredy bear and expect it. i laddering into some stuff on the next push down.
Trumps making all of the senates and SEC pro crypto, alot of bullish fundamentals behind what they are doing for crypto in the USA , it makes 0 sense to be " permabearish ".. We got some good shorts on the alts but alot of them have done full 0.786 re-traces, some even complete round trip the Election pump. if it is really over then i cant imagine how badly the Alt coins will get rekt.
bottom hunt or atleast try to on some stuff, the next leg down could be the last before new ATH's. if this Monthly bearish divergence under performs and is invalidated because of " news cataylst " ( the Crypto summit happening ) , Then this bull market is not over yet.
