Killa|11月 12, 2026 00:01
Im back.
Sometimes, its necessary to reset & come back to the market with a fresh set of eyes.
Reflecting on these past few weeks, I would say that it has been painful. Lots of despair. It seems like the narrative this time around is the Anthropic IPO with the markets already bracing for another anti-crypto regulator like Gensler with Trump losing midterms.
Observing things from a fresh mind, alot of people are frustrated & exhausted. I can admit myself, even after 7 years of experience, it is a tad bit frustrating but again, reflecting on things, I think this correction was very much needed in a way after the impulse upwards. Just I wasn't prepared/hedged in the sense of protecting my lower entries.
I think whats interesting is that as attention is shifting from BTC, with the Anthropic IPO, we saw the same type of thing with SpaceX. In which BTC formed a macro bottom shortly after and because everyone was focused on catching the biggest IPO in history, they ignored BTC. Getting a similar vibe this time around. When observing things in general from not just a technical but fundamental standpoint, aside from the market being in complete despair an BTC down -17% from the highs, I still believe this is the perfect time to add exposure if you haven't already. Hence me still being long, continuing to add spot exposure, and executing some lower leverage longs in the process.
Usually times like this is where the most money is made. Maximum uncertainty, maximum fear & most importantly, the fact that BTC is being smacked at every angle with every bit of fud being thrown its way... I actually think its acted relatively resilient despite what has been thrown its way these past few weeks.
You had the Binance hack, rates being held, DXY rallying, bonds still increasing, MSTR the new fud around the block about delisting, the Ledger wallet hack, hot CPI. Honestly, you would expect BTC to be sub-50K by now with that amount of shit happening.
But considering its still in the same upper range impulsing from the lows, i think we can assume only 1 of 2 things. Either 1. BTC is heavily delayed & about to react very negatively to this news in the short term, we form a new low into EOY then the recovery is even more violent than the first one.
Or 2. BTC's resilience to this negative news is showing early signs & characteristics of how a bull market begins. Instead of extending lower on significantly bad news, we in fact use that to capitulate leverage in the market before the next leg higher.
We will have clarity in due time. If structure start reclaiming the range, well then as long as we accept above, its go time. Until then, market is in maximum uncertainty even from the few people that I know who are very good traders. I would be naive to say that I don't feel the same way. I am a tad bit uncertain myself which is why I am sticking with my plan despite it all.
Through maximum uncertainty, is maximum opportunity with BTC. lets see if this time will be different.
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