I'm not going to lie, and I'm not going to give anyone false hopium.
I'm no bear, and I believe we are still in a Bull Market. Realistically, this is a pattern I also see playing out if the sellers continue to control the market. Not just shibu, but all of the crypto market.
I'm not selling in panic, I'm not excessively going long or even shorting the market. I am keeping a good amount of profits I have made into stable coin, lowering my exposure to certain trading, and will continue to HODL my top sacks (Shibu among them).
This certain cup and handle pattern is common for the market, and is the foundation of the best gains we all can make. It won't last long, it will just feel long. Don't let short term greed get in the way of your Generational Life-Changing Gains.
I completely believe I'm wrong about this scenario, and that we're still in the shake out before the Parabolic Sprint, but I will not sit on the side and have people believe that this cannot and will not happen.
Please continue to be the Patient Smart Investor, and always be prepared for the worst, yet hoping for the best.
Be safe, don't get wrecked. Don't lose money you, or your family, cannot live without.