It's now a whale war.

21 May 2021

The normies are almost completely shaken out, and we are now re-entering the institutional buy zone after the asset class was battle-tested & significantly overheated. If you're trading this zone, I hope you're a smart cookie. I expect some mean surprises in either direction as major players attempt to liquidate each other. Theoretical absolute bottom is 2017 ATH, which was never properly retested.