It's interesting to note each time we get a major correction, specially during an uptrend, we can observe this shakeout pattern, where sellers get trapped after selling near the lows, after the market rapidly pulls back above the mid point of the range expansion bar's range.
I have labeled these levels on both monthly and some recent daily range expansion bars.
I'm long as you know, and recently added positions during this correction. At the moment, my crypto account is 80% BTC and 20% ETH, and I'm looking to capture the upside in both throughout the year. I might reduce some exposure to BTC though, depending on how prices evolve from here onward.
I have some leveraged longs on top of my longer term trades, which I'll look to close against resistance first, to not deal with margin funding costs.
When I have ample time to devote, I will take you on your offer. It may not happen in the near future, however, consider it I’m sold.