What's going on Traders,
Well, looks like the market's going against me. Some of our predictions hit the bullseye, while others went flying off into left field. We called it right when we said the price would dip below 55k – that happened faster than a hiccup, but the price didn’t stay there too long and then decided to throw us a curveball.
Instead of settling into that 50k to 55k range as we thought, this wild beast of a market decided to flex its muscles and blast past 60k. Talk about a plot twist. We even saw it tap dance around that old 62,700 support level, which is now playing hard to get as resistance. It's like watching an old friend turn into a bouncer who won't let you into the club.
I am Still Bearish Right Now
Now, here's where it gets interesting. Despite this unexpected upward move, I still feel bearish on the current market. That's not my usual stance – you all know I'm typically looking for those bullish setups. But the charts are telling a different story right now, and I'm not one to argue with what I'm seeing.
Remember, being a successful trader means adapting to what the market's showing us, not what we want to see. Stay vigilant, keep your emotions in check, and be ready to pivot when the winds change and they will change!
This is The Dark Sage, admitting when I'm wrong and signing out.
