$BTC just had its highest 4H close since December 2021.
Also closed above the previous highs which is what I was looking at for considering allocating again.
I won't repeat the same mistake and simply go with Bitcoin for now.
Allocating only partially for now in case $BTC gets rejected, which could result in taking out the lows.
I will be very cautious if we see a 4H close below 52.4k again and definitely out if we close below 51.5k.
The last 4 hour candle is crazy, going from range lows to nearly new highs.
We're in an uptrend so I am not going to fade this breakout, but it isn't unusual to take the liquidity on both sides. Meaning a strong and quick move in one direction followed by a similar move in the other direction screwing both buyers and sellers.