The intraday is crossing the 50 Day SMA for the first time since late October.

During the last cycle when this same pattern occurred it led to sideways chop for a month, a rise in the 50 Day SMA above the 200 Day a month later forming a Golden Cross, before descending for the next leg down with valuations 25-33% of what they were at the top.

If this pattern repeats, by February values could be up to 40% off their local lows (to about $112) creating a bull trap before the downward continuation.

Because of this, I am short term bullish and will be buying small amounts on cashapp with intent do dump on retail if price goes above $110 from 2026-02-01 to 2026-03-15

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Discussion

Looking like a pump n dump n pump n dump kinda year.