Some of the biggest degen bulls made ungodly ROI just turbo longing ETH
Exhibit A: 500x long
$400 -> $26k in two days
Literally a 66x on capital lmfao
This is the power of 500x & ETH
This is the $BTC top and so few know it.
Current price: 116k and it topped at 124k. I see the same delusional perma bulls in 2021 at both tops that I sold.
I've been making gains on MSTR shorts and will continue to do so.
It's the same if BTC makes a new high 125-130 and then straight down, it's all in the same general vicinity of the top. The market is smarter, if you're thinking it's going to be the same as the last 2 cycles topping in November, the Q4 dreams and that you're going to sell and cash out this time around is wishful thinking.
It's easy to gain but harder to keep. Sell something here if you don't think its the top at least.
If this grinds higher without a proper correction of a bigger drawdown below 90k, then it could be cycle top depending on how long it stays like this up here.