Ngl this pump caught me a bit off guard.

I’ve got ~35% of my capital deployed into the market, and while I started DCAing a lot in August, I thought we still had at least 3–4 weeks before a major rally.

My plan going forward is to keep buying any major dips, especially around key support zones.

I bought some when BTC hit $76k today, and the next key buy zone I am watching is $72k-$73k.

There’s no guarantee BTC gets there, but the 200-day EMA is around $72K, and $72k has historically been a strong support level.

After the 2022 bottom, when BTC resumed the uptrend, it retested the 200-day EMA many times on its way up.

That said, I’m also still open to the possibility of one last major dip in Q4. The Q4 bottom happened in all three previous bear markets.

But ultimately, I think the best strategy is one that prepares you for all scenarios.

If the bottom is indeed in, make sure you have some exposure to enjoy the rally instead of watching from the sidelines. Take advantage of any dips we see on the way up, as there will surely be many.

For the scenario where this is just a bull trap, keep some dry powder so you can take advantage of any major discounts.

This is the way I see it.

Everyone on CT is acting as if they are leveraged long to the tits, but I think a lot of people are in the same situation where they feel a bit underexposed.

If you’re unsure what to do next, I hope this post helps you make a decision:)

https://x.com/TheDeFinvestor/status/2091500733153612114