Our current mid-cycle peak is starting to look more and more like 2019, not from the point of view of the phase of the cycle, but from a fairly strong moment and overbought.
The difference from the last time is that this time it is closer to halving, and it can be like the beginning of an active phase of growth, without essential corrections. Which, I think is unlikely, because the 2025 peak is still quite far away.⏳
A possible option is in the chart with a correction. It is also necessary to note that open interest is currently at record highs.
💡Therefore, I warn against trades with high leverage. If you took
BTC
on the spot because of the flagship indicator and according to my advice in the area of 16-20k, you definitely have nothing to worry about.
The difference from the last time is that this time it is closer to halving, and it can be like the beginning of an active phase of growth, without essential corrections. Which, I think is unlikely, because the 2025 peak is still quite far away.⏳
A possible option is in the chart with a correction. It is also necessary to note that open interest is currently at record highs.
💡Therefore, I warn against trades with high leverage. If you took
BTC
on the spot because of the flagship indicator and according to my advice in the area of 16-20k, you definitely have nothing to worry about.