Would really enjoy it if we could not spend too much time here but given holidays and Q4....
Going to assume it's chop-suey conditions on Bitcoin for a month or two.
With that assumption, I wouldn't take any hail mary 100% move shitcoin setups.
Mostly intraday or intraweek, doesn't make sense to stay exposed for long durations during chop conditions. Not good for the mental to watch uPnL pivot between green and red.
It has occurred to me that people are confusing their meme coins as proxy for the trend of the crypto market.
Our meme coins being down does not mean we're in a bear market.
The meme coins being down is actually a combination of limited liquidity spread thin by low barrier-to-entry launches and extractive KOLs being good at extracting.
Ex: a mediocre burglar but you keep your doors unlocked with zero cameras or other precautions.
Too easy for people to mistake noise as signal. New wars, AI/SI, interest rates, etc. headlines every other day.
The level is $78-81K, we could trade and consolidate here for a few weeks or months. Price not moving up as fast as you'd like is not bearish.
Bull.