The Calm Before the Coil Breaks

Two days ago, I said shorts had overstayed their welcome in Strategy $MSTR.

Now we're seeing crypto assets catch a bid here after volatility has been squeezed over the last month.

Here's Bitcoin, Ethereum, and Solana all pressing to the upper bounds of these patterns.

It’s less about whether crypto starts moving higher right now, and more about the fact that it’s stopped going down.

And this is happened right where I thought it would, because zooming out, Bitcoin is retesting its prior cycle highs. I think this is a no-brainer area to be buying Bitcoin if you're an investor.

Sentiment is in the dumps, I think shorts have overstayed their welcome, and the excess of the crypto market has been rinsed out.

That provides a healthy foundation to start eyeing opportunities at the frontier of financial markets.

Cheers,

Louis Sykes
Senior Crypto Analyst, All Star Charts