Sold My Leveraged Bitcoin ETF

Full disclosure: I’m long $BTC from $26,000s, $SOL from $60s and have no intention of selling. However in my longer term and trading accounts I owned some 2x $BTC $BITX and I just sold them for handsome profits due to the possibility of some selling pressure once Bitcoin crests above record highs.

I’ve actually went to 100% cash in my trading, which isn’t unusual with a gain of +52bps. I’ll likely do nothing for a few hours in order to trade less and not churn myself without purpose. I don’t like the tape, sans cryptos. I’ll wait for a better set up.