There are a few factors I'm watching to determine which of the 2 scenarios we will take, I'll send updates accordingly. If I have evidence of the black path I'll be looking to buy near term puts on a pullback before swinging long. If price continues to trade at or above the green path then I'll be waiting to enter puts.
Another strategy is buy Mar 2024 calls and stomach the volatility on the way up. There is a very high probability we won't top until 5000, but obviously we won't go directly there, it will get pretty volatile real soon.