Whether it’s bullish or bearish, I’ll say once the market has shown its hand. My judgment has always been a beat slow.

It started with this: $234 million in contract liquidations across the market over the past 24 hours, with both longs and shorts getting wiped out.
$BTC 81613.03. Next, keep an eye on two things: whether trading volume picks up, and whether buyers step in on a pullback.

Not a recommendation—make your own trading decisions.