On Pepe, confirmed large demand at that area and HTF structure intact (also formed a bullflag before the pushup). LTF momentum shifting shifting back up. Can it sustain and follow through is what it looks like things are waiting for - i.e. low caps recovered a lot of the drawdown but aren't going bonkers (yet).

Just to be clear, using these as a way to monitor/gauge signal. Fully invested in (not leveraged) and will not sell anything until there is >100% confirmation of break in bullish structure and 100% clear momentum to the downside. In this environment I'd rather sell late and give back some gains vs. selling too early

BTC is powering to ATH, ETH maintained it's bullish structure and looks like its about to make its next leg, PEPE broke to ATH and entering price discovery.

There is no indication to change my bias. As i mentioned before in this environment i am mentally prepared to give back some gains selling late, but want to receive 100% confirmation of a shift in momentum before considering TP'ing positions. Until that moment I'm forcing myself to sit on my hands.

Leverage wipeout on ETH and bitcoin was wild but not unexpected. It's good to flush out late lev longs.

Looking at pepe HTF structure still in tact finding demand around the 5036 area. One notable thing is each sequential correction is deeper and feels like the trend is weaking - have a feeling we either see a weak recovery indicating things may start rolling over soon or there may be a large impulse move up coming to help reset trend momentum (could happen BTC breaks ath and consolidates). On a lower timeframe it looks like momentums fighting to swing back to the upside. Generally even with today's volatility and low caps pricing in the worst case (ofc), until price dictates otherwise there still feels to be a lot of strength in this market

Much is unchanged, alot of he market still showing strength in trend. Sol has started to catch up to mirror ETH's move as well, now both are just teasing and along those resistance levels. PEPE move up and temporarily put in a new ATH. PEPE's trend strength looks like it's softening a bit, but like mentioned before 1 big impulse move up can reset that. ATM it's relaxing for a second, along with MOG. Underneath the surface we're seeing things like HPOS finally putting up a new ATH while smaller caps like SPX, smurf are showing a lot of strength as well.

Overall i remain the same, unbiased in expectation just flowing with the market. Not much has changed, I would still rather sell late giving back some gains than sell early in this environment.

forgot to mention- bitcoin still tapping ATH's rn while Total 3 outperforming overall

Sol was fun, it's looking like it may be ETH's turn again. PEPE daily still really strong, 4H looks like momentum about to shift back to the upside.

Don’t forget the bigger picture by getting distracted with day-to-day LTF movements

Bitcoin’s monthly candle still hovering near/at ATH’s. If it manages to close out the month in above prev ATH’s (body of the candle vs wick), it’s highly probable we don’t see a breakdown to below again. In its history, once Bitcoin has a monthly close above ATH’s it never gone back down below and usually starts the mark of the first innings of the heart real bull market (3rd/4th inning). Ofc there’s a first for everything so staying open minded to the possibility we break down again (but feel like it’s v unlikely barring a black swan event)

Outlined why before but where we are in this cycle just feels so much like 2017 - fast and violent

nice structure forming resting right above the weekly candle of last cycle ath. I've been on the same side with wen on macro being generally favorable for btc. I think worst cast for the downside would be a test of the monthly (idk if that happens at all and have no opinion whether or not it does, but that's what i'm expecting being a "worst case scenerio" to the downside)