}
We are already half a year in this journey, and BTC price is 35k USD.
Nothing extremely interesting happened since last update, so this one is likely to be quick.
The most important changes in last month was buying some Monero from free USDT that I had and exchanging another big portion of EOS into HT.
Since I started exchanging my EOS bags into HT, EOS/HT pair lost around 50%. I think in the long run HT will continue to outperform, so there is no sense holding that much EOS. On the chart below you can see my last trade (bottom blue line)
Unrealised profit since inception section on Bitfinex leaderboard
In the last update, I stated that next month should determine whether we are still in a bull market or not.
From what I'm seeing, bull market is very much intact, however there is still more room for shortterm bearish price action.
If price continues to fall with longterm on-chain metrics turning more and more bullish, I'm willing to gradually increase my long positions.
Right now I'm looking mostly at Hodler net position change, 1 year+ hold wave and long-term holder supply.
This setup requires a lot of patience and balls of steel.
