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$TOTAL Altcoin Market Cap still sitting at this important high timeframe support around the 2024 highs. It's an important area to hold on to for the bulls. The key level to break to gain some momentum is that $840B area.
$BTC Range and levels to watch in the short to mid term. No need to overcomplicate things.
Against all odds, $BTC Closed Friday at around ~$84K in terms of its CME futures price. We've recently seen a lot of volatility during the weekends and with the high chance of an important headline hitting regarding tariffs, I don't think this weekend should be different. We
Relative strength has been a bit of a meme usually the past few years, as $BTC usually ends op rolling over a bit later anyways. But wow, the past 2 days have been pretty insane. Yes, it might be Saylor or $GME or whatever that's propping up price. But even a $1-2B twap from
$DXY Taking a big dive after the proposed Tariffs. Dollar getting cheaper and moving back to the range low which has held price for the past few years. Generally this is good for risk assets but obviously the reason it is moving here is not ideal at this point. Tariff
Stocks opened up with two relatively massive gaps back to back days. With $BTC being as correlated as it is recently, it can be good to watch these charts as well. Generally these gaps do get filled whenever price trades close to them similar to the CME gaps we know from BTC.
There are a lot of things going on but only a few things matter in the short term: 1. Tariff Retaliations. 2. Tariff Deals. 3. Price action in response to the two points above. I would not read much into other data or headlines currently as these are pretty much negligible for
Markets worldwide hitting all kind of records not seen since the covid crash era in 2020. That isn't automatically your sign to knife catch but it should surely be getting your attention and look for opportunities from the ashes once things stabilize.
$SOL Technically at a big support level but if you're a bull you don't want it to hang around here for too long. Ideally you get a quick bid up or a sweep and reversal. Otherwise it's just waiting for the break down lower. I'm pretty neutral on SOL in general. Think it will do
$BTC Took out some liquidity above and below since "Liberation Day". Interestingly enough, it came just short of sweeping the $88.7K level and the $81.1K level completely These two levels also forma decent range at this point as you can see. Still impressed by the relative
$BTC Took out some liquidity above and below since "Liberation Day". Interestingly enough, it came just show of sweeping the $88.7K level and the $81.1K level completely These two levels also forma decent range at this point as you can see. Still impressed by the relative
The $TOTAL Crypto Market Cap sits at an important area. There's quite a few similarities to last cycle in terms of price action. Both recent rallies are coming from a TradFi driven collapse of some sorts. 2020 saw Covid, 2024 saw the Yen Carry trade blowup. From there on out
The US Stock Market Wiped out over $2T in a day. That's more than $BTC's entire market cap. Just to put into perspective how small our market still is, compared to the giant traditional finance system.
$ETH Made it back to the bottom of its range and high timeframe support. We saw a small sweep for now. Eyes on the daily close. This is where you start paying attention again and watch for potential lower timeframe reversal signs. I'm personally just waiting out the current
$BTC vs Other Assets' performance since "Liberation Day". BTC interestingly enough performing on par with stocks which is not too bad. Generally, when stocks sell off to the degree they did, we see BTC sell off more. Some relative strength there for the time being but let's see
Some more thoughts on the current situation: (No macro expert just stating some observations and thoughts). 1. $BTC with a relatively good performance during the past 24 hours and past few weeks in general. (Compared to stocks and how it acted in the past). 2. Market initially
$BTC Regardless of Saylor's recent $2B buy and some other large buyers, there's still a slight Coinbase Spot Discount. ETFs have been relatively flat in recent weeks. To get some positive momentum back into this market you ideally want Coinbase's Spot price to start leading
Think that's pretty much it for the important things today. Hope you all enjoyed the volatility, will remain pretty high until the end of the week I'm assuming. Now we'll await which countries retaliate and to what degree. Then the deal making progress can begin. Probably some
$BTC Enjoying the Liberation Day Rollercoaster so far.
There we go lol. These are 1 minute candles might I remind you