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$MNT Pretty insane how well this has held up. Market clearly valuing the developments and likely pricing in the massive treasury Mantle has. This looks good for a move to the ~$1.5 highs when the market stabilizes.
$IOTA Retesting the bottom of the range and Daily 200MA. Would want to see this break back above the Daily 200EMA to start targetting the range highs again. These horizontals are being respected pretty well. With Dino coins trading relatively well compared to the other coins…
$COOK Deviating below its range low but failing to push lower. $MNT has been on a tear recently and holding up much better than most coins out there. Do think COOK will catch up to that outperformance at some point.
Historically speaking, the moment I started watching the 1 minute to 15 minute timeframes, is usually when my trading performance deteriorated. It usually means: 1. You're oversizing. These timeframes should not be important for most types of trading. 2. You'll get chopped up…
Just 18% of coins in the top 50 have outperformed $BTC this month. Over the last 3 months, that number sits at 51%. Which is still decent. But the top 50 coins outperformed the mid/low/small caps by a long shot as many of those are down 70 to 90% from their local highs.
The average Daily RSI is sitting below 30. This is generally pretty much bear market territory which is not that crazy to see in the current market, considering most alts sold off at least 50% from their local highs. If not much more. Before the recent bounce, these RSI levels…
$BTC Looking back at previous cycles, BTC has not started its post halving year (2013, 2017 & 2021) off with a huge move every time. 2017 for example, which has been Bitcoin's best year in recent times, started off quite slow with "only" a ~12% gain in Q1. This was then followed…
Yesterday must be one of the largest intraday recoveries on $ETH in recent years. Can't think of another time in the past 2 cycles where it crawled back +38% to end up green on the day. Obviously this is all extremely headline driven and the sell off was caused by a ton of…
The Puell Multiple is showing a similar story as many other "Top & Bottom Indicators". $BTC Trading right in the middle of both extremes. Which is pretty much in line with the current sentiment surrounding the market. Most market participants just waiting for the next move.
$ETH Pretty much saw a repeat from last year's August dump. Failed breakout into 35-40% dump on Sunday-Monday. First it was the Yen Carry Trade, now it's the Tariffs. Both caused by TradFi but compounding on weakness which was already there. Last time around, $BTC got hit hard,…
Some pretty insane daily candles being formed already. Any closes at or above these levels would be a good start for many coins. Market will remain very headline driven in the foreseeable future so we’ll just have to navigate through that.
$BTC So much stronger than anything else out there. Still looking perfectly fine when zooming out. The demand for BTC is just so much higher compared to the rest of the market, especially during times of uncertainty. Range still ranging. Let's see how we do.
If you want to be safe you wait for Trump to announce the Tariffs are off because he made a deal with the countries involved. Likely won’t have much time after that happens because I’d expect prices to run it back turbo when that happens. Alternatively, you wait for some…
Last time we saw funding rates must have been August post Yen Carry Trade blow up. Longs & Leverage properly wiped out. Will still need spot bid to bring prices up of course. Negative funding rates themselves won't do that :)
New Video! Discussing the Tariffs which are shaking up the market and talking about my general view and ideas on this cycle. Market obviously moved yet again since recording lol. Luckily most of the things I talked about was the bigger view and general remarks about the…
There is no need to make it in one trade. Especially not when trying to earn back losses. Investing and trading is a long game and compounding small wins on top of each other works well over time.
$BTC Range still ranging. $90K-$108K is roughly the area to watch. Everything in between will be choppy. $96K is a decent area of confluence which is holding for now. Big week ahead.
$STX Retesting the August lows. Interesting level for a sweep but need the bulls to step in. Similar case for many coins.
$BTC Decent sell off during the weekend on the back of the Tariff uncertainty. The consensus seems to be that stocks will open up lower which crypto has been frontrunning. Not really a market where I like to trade so I'm just waiting until this blows over. Good to keep an eye…
$BTC With about the biggest spot premium since the election. Mostly driven by this Friday and weekend sell off. The uncertainty around the Tariffs caused quite a few hedges to be opened. Market likely to remain risk off until some of that blows over & gets digested.