#Bitcoin# / $BTC So when should you consider going more risk on? Historically the answer would be shortly after US midterm elections, which marked the bear market lows in each of the previous cycles. Not saying the market sells off aggressively immediately after printing new lows this time like it did the others, but I think it's a decent bet we'll see a lot of volatility leading up to and shortly after November 3rd. e.g. as bullish as I am here, why I don't think being in levered long positions makes sense... it makes a hell of a lot more sense to sit in spot positions you have a solid thesis for that you can keep stacking regardless of what the market does. We're still early enough int he bull market that whether we send immediately or if we wait a couple of months to start sending, you should print multiples fairly easily soon enough by just stacking and being patient. And if we somehow get any sort of a dip - being liquid enough to stack your highest conviction names = a truly generational entry. So don't gamble and risk sidelining yourself if your thesis is right - but your timing isn't. Patient bulls will continue to win.

$USELESS No reaction at the equal lows. Got the gap fill from daily to weekly noodle instead. Could range here for a while, but this is the max RR region if the uptrend is to resume. The weekly syncs with monthly S/R where there's an H12 div printing. Ideally want to see the H4 noodle reclaimed here as an early trend shift confirmation. Let's see.

Yeah, back in 2025. I still regret not buying $USELESS when its market cap dropped to just $4–5M before exploding to $400M. But I won't make the same mistake again with $USELESS. When the price drops, I'll either keep holding or even buy more. With the massive trading volume across multiple CEXs, I'm convinced $USELESS is the type of coin that can reach a $1B+ market cap. I'm not making the same mistake twice.

$USELESS closed $0.1690, −0.7%. still under $0.185. that is resistance until a close takes it back. btc closed $81.5k, −1.8%, after the inflation print. $USELESS moved with it. though not as much as i expected. close is under $0.174 too. still under the 55. macd still red. rsi 38. 24h liqs $58k, $33k of that longs. quiet. retail still short. binance 0.67, okx 0.40. top trader positions 1.31. funding still green. still optimistic. observing.

solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk Since weeks ago I mark the 0.16-0.15 👀 That’s the best opportunity we will ever get don’t miss this glorious pump soon 🔥

That retest on the altcoin market cap didn't take long to play out. Big level here. Technically a good retest but alts are not looking too great as we speak. Maybe that makes it a better spot in itself, who knows :) Otherwise the ~$450B area on this would still qualify as a proper higher low which I'll be watching. Alts still relatively heavy overall, especially compared to the weeks and months prior where everything rallied. You need $BTC & $ETH to lead this out of this correction. And just to be clear, this is a perfectly normal and healthy correction. A lot of alts rallied 50%-500% in the matter of ~3 months. Including many bigger caps. Nothing goes up in a straight line. I do personally like to take things slow and defend the gains that were made during the past few months. If I see strength I will be eager to look to add on exposure again. This way of playing has already helped me not take a lot of unecessary losses these last two weeks.

the risk in derisking is you get horny for lower entries and stay sidelined greed works in both directions and if you think coins trade higher then you probably shouldn't sell unless you have a track record of being a good trader

the funny thing is that people watch someone like me go from nothing to the top of the fomo leaderboard and assume i won because i'm some top-tier trader or had insider info but the reality is that my biggest edge has almost always been HODLing i often discover my biggest winners relatively late i'm not even among the first 1,000 buyers in many cases and some of my biggest wins have average entries well above $5m market cap so it's not like i'm getting in super early and accumulating massive supply for next to nothing my real edge is holding with dogged conviction while everyone else panic sells when i find a top-tier narrative, i'm often willing to hold for much longer than everyone else, regardless of short-term price action while most people expect a trade to play out in days or weeks, i'm willing to sit through the volatility and let the thesis play out that's literally it everyone is looking for the perfect entry, but sometimes the real edge is having the conviction to hold when everyone else folds and this has consistently been rewarded