So, I promised on the stream to write a final post about my expectations for the market. I'll try to do that, even though I really don’t like long reads.

I currently have 3 main plans from which I will be working in the upcoming month of June. It's probably important to add a disclaimer that everything I’m about to outline is a product of my imagination and is by no means a “call” to action.

Fractals are very important to me, as you well know. For the last 3.5 years, fractals have been the foundation of my technical strategy. It's always interesting to have a rough plan based on which you can easily outline the next movements and adapt a more or less detailed scenario.

Plan 1 is the most ambitious and is aimed at continuing the upward movement with your "beloved" alt season. I’ll jump ahead and say that for me, this is the least likely option. According to this plan, we are currently heading for a bounce to 107,500–108,500, then after another retest at 104,000, we move upwards to 110,000–112,000, and then through a correction to 98,000, we grow to 135,000–150,000.

Plan 2 and Plan 3 are very similar in structure, but I’ll outline them separately.

Plan 2 is a drop through 107,500–108,500 to the level of 98,500. Then we'll see a rise to 115,000, and here comes the most interesting part: a steep drop by the end of July to around 68,500. For me, this is the most interesting scenario because it will give a bit of breathing room for your "alt season," but all of this will serve as a bull trap for the unsuspecting. Bitcoin may rise by +15%, Ethereum might reach levels of $3,200, and altcoins could genuinely jump by +50-70%. BUT NO X'S. You’ll get hit with great hopes by those you follow, and, like in a South Park episode, “and they're no more!”

Plan 3 is very similar to Plan 2, but the only difference is that there might not be any bounce from 98,500. The drop will also start in the next couple of weeks, with intermediate targets of 72,500–68,500.

Following these plans – or not – is your responsibility. For me, all 3 plans have excellent opportunities for trading. I’m sure we will capture the lion's share of these movements, wherever they may lead us.

P.S. Soon the entire CIS segment will drag this into their public feeds and embellish it with their own sauce and all kinds of trash, but you know the source ;)

You have the same crazy reaction! Minimum 1000 👍 I'll provide such long reads more often.

Take care of your deposits! Kisses to your brains - Yours @RastPentagon