mignolet|Sep 28, 2026 01:18
I know that posting something like this when the market is doing well will naturally bring some negative reactions.
But I’m not a cycle investor or a long-term investor. I take profits along the way depending on how the market moves. I’m basically a trend trader, so in an uptrend, I only look for longs, and in a downtrend, I only look for shorts.
There’s no single right answer in trading, and everyone has their own style and criteria. My view is just one perspective, so take it for what it is. You can simply look at it as, “This is how he sees the market right now.”
Again, everyone should make their own decisions based on their own trading style and framework.
As I’ve been saying throughout September, I decided that this was the point where I wanted to take some profits in the short term and watch the market from here.
I still don’t think Bitcoin is going to move straight into a strong rally from here. I think it’s more likely that we need a longer period of accumulation before the real move higher begins.
By my standards, it’s still too early to talk about a major move higher, and I don’t think we’ve had enough time for accumulation yet.
That’s the view I’ll continue to follow as I watch the market and decide how to trade from here.
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