$61,000 Yep, that is the dollar amount that I made today. Check this out. This is Coin, which is again a piece of crap company that has recently been inflated with its price point from lows of $31 due to the recent rally because of the spot Bitcoin ETF that is currently pending approval from Black Rock Now it doesn't mean that Coinbase can't continue to run up. We've seen a lot of Piece of companies rally in 2020 2021.

I mean AMC Um, what's it called Gme? What do they always end up doing? They end up correcting themselves right today. I Took a quick little day trade so I made money as it sold off shorting this piece of crap company because we knew that the sell-off was bound to happen as it becomes very very overvalued. The second thing that I want you to know is that also, um, the uh, what's it called manager Kathy Woods of Arc Investments ended up selling her her position or her firm's position of Coinbase and then getting ready to invest into the spot. ETF Now again, Coinbase has tried to make higher highs and higher lows.

It's still above the EMA still above the moving average. Coinbase is still extremely bullish on the larger time frames. I Want to give credit words to This is why my intention was only today trading and check this out. $ 61,2 194 and I left myself with my one lucky share.

I'm not holding this over you know, the weekend. Nothing like that. This was just a quick little day trade because I saw we've been waiting for this selling pressure to kick in and the longer it waits, today's a perfect example. the more that you prolong a pullback and the more overbought it becomes.

kind of like a rubber band and a sling shot. right? The more you wait and the more that the more overbought it becomes, the stronger and harder it will fall when it actually present itself and that's all that happened today. Uh so at one point I was up 50k and and then if you look at the 5minute time frame, it was very easy to see it bounced I didn't sell at the very bottom, but it bounced. uh I locked in profits early and then it got rejected at the moving average on the 5 minute time frame.

I waited for confirmation. it ended up showing signs of resistance. really struggled to break above that 177 resistance and because of that we ended up getting rejected. I then announced it to my Lpp team that I was getting back in due to the pullback potential and it ended up selling off I closed it right before the market closed and then it stld off an additional 1% after the market hours which I didn't take any part of but overall just wanted to show you I am so grateful I'm not going to suar coat it.

Today's not an average day for me. $61,000 is an insane day. It's an insane week, right? And this is following my significant day that I had yesterday short sell in Coinbase as it sold off during that pre-market session and then quickly recovered I Think it was because of my experience yesterday uh with Coinbase because it quickly bounced back that I was so hesitant to hold this short position longer than I maybe should have cuz I kept taking profits and then re-entering but I wanted to play it safe I would rather be safe than sorry and again, that's a big lesson learned. With that being said, why was it that the NASDAQ Market also saw a lot of selling pressure QQQ and it broke below that 410 411 range.

We really began to sell off, showing more signs of selling pressure. It was the last trading day of the year. Uh, it's like, uh, profit harvesting, right? It's a very simple concept where again, just a lot of long-term investors just because we don't know of what's going to happen in 2024, they end up locking profits in 2023 and then moving on to the next year. If anything ends up presenting itself, they can always end up re-entering right? But uh, for the idea of tax harvesting by locking in profits in the calendar year, they set themselves up for a pretty solid setup in 2024.

If uh Market sentiment ends up changing. ultimately, it again, still doesn't change the Market's incredibly bullish I saw a lot of people getting a little triggered because of the selling pressure and I was like, oh no, Market's pulling on back Market's crashing Market did pull back really hard. Was it crashing? No. Again, on the 4our time frame, it's YouTube right? So it's still incredibly bullish.

still far above the EMA line. I Still think the Market's incredibly overbought, um, and far above the moving average, But with that being said, um, it wouldn't make much sense to hold a short position this early on when Market's still incredibly bullish, right? So you have to give credit where it's doing. You have to respect the market enough that your hopes don't overwhelm you and your trade decisions when obviously direction is still in favor of the Bulls. So I'm very excited to kick off 20124 and starting it fresh, right? Uh, if market ends up going back up, then we can go long.

If markets continue to sell off, we can go short. We all know that we can make money in both bull markets and in bare markets. It literally doesn't matter. Um, all that matters is that direction is clear and I'm sure that I can speak for everyone.

You let me know down in the comment section: I Just want direction to be clear. I'm tired of this choppy Market when it just trades sideways I don't like that stuff. So I either want to see higher highs or lower lows I want direction to be clear and I'm ready to make money. Um, and excited to do it with all of you guys! So again, uh, we're running our biggest sale right now.

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