Premium/discount are optimal areas but don't guarantee direction; can long premium or short discount.

Premium means if you are shorting, you know, you're shorting at a more expensive price, that's a good thing, but it doesn't mean that it's going to instantly fade. So I want you to dispel that idea that just because we're in a premium, you have to short. Just because we're in a discount, you have to long. These are just the most optimal areas for those to work, but you can long in a premium and it can work. You might want to long Bitcoin at 79k. It could be at 85k in two weeks and you longed in a premium and still made money. Premium means expensive, discount means cheap. They don't mean long no matter what, short no matter what. And statistically, this is backed up as well. The problem is people have like survivorship bias or selective memory.