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#Bitcoin Looks like sidelined capital was indeed eager to start pre-allocating in Q4. End result: September up double digit % as of this point. With further rate cuts & stimulus from central banks there's some good macro tail winds. But the election is a big uncertainty.
$ONDO Has been on a strong rally after making the higher low earlier in September. It's now trading back at the previous consolidation area at ~$0.8 The key level for me to see further upside would be ~$0.88 which is the other high volume node and Daily 200MA.
#Bitcoin Last weekend was pretty slow. Wouldn't surprise me if this one is the same. Volatility has generally been a bit lower than earlier this month which also makes the odds of a sideways weekend bigger. We'll see where this wants to go next week!
#Bitcoin Has traded at a consistent spot premium for the past couple of weeks. It's good to see this hasn't moved back into a perp premium just yet. Indicating there's a good amount of spot bid pressent. This is healthy.
$TAI Broke out and is one of the best performers this week. Now back into the previous range. Looking for it to hold on to the previous high at $0.169. The $0.22 level would be up next.
#Bitcoin Made its first higher high in a long time this week. If it can close the weekly candle above $65K that'd be a good first step. Up next would be the $70K high that was set late July. $64-65K will be important levels to hold going forward.
With seemingly everything going up and most charts looking good, be careful of FOMO taking over. Especially during big uptrends, there's often quick liquidation flushes of late/overleveraged longs. Those are often when you want to strike and what you want to be patient for.
#Bitcoin $300M in Sell orders sitting up until $67K on Binance futures. Generally speaking, if price starts eating into these they are often filled.
$STX Last short/mid term hurdle to break here with the Daily 200MA right above. Don't think this one is done just yet. This was one of the major BTC Beta coins earlier this cycle and with $BTC breaking its market structure I'd expect this to outperform as BTC moves up. Its…
#Bitcoin Don't see anyone mentioning the fact that price bottomed/topped at basically the same time in the month as 3 months prior. Yes, it was the 6th day this time but I'd say that's pretty close. Quite interesting how each of these dates have marked such a pivotal point.
With $CAT coins on the rise in recent weeks, I am interested in how $CAT looks. Sublime ticker as well. Currently ranging after the initial move up. Looking for it to hold the high volume node around this area. 0.000045 is the level to break. Market cap below $300M still…
The state of the market only 1-2 weeks ago was at that point where even the bulls were not expecting the "pumps" to stick. Every single move over the weeks/months prior had retraced within days/hours. Market participants are still conditioned to take profit early. But when the…
Average winners, not losers. A lesson we've all went through and something I'm still guilty of sometimes. Coins that are strong tend to remain strong for a while. Laggards tend to stay lagging. Let the winners ride.
$GOLD Keeps going and is trending really strongly. I think this will just keep going as yields come down and stimulus by central banks keeps coming in. Both an inflation & recession hedge. Although a bit of a slow mover generally. Showing Bitcoin where it should go.
#Bitcoin Attempting a breakout. Trading right at the Daily 200MA & $65K. Top of the channel still yet to break. Ideally you'd want a decent $1K-2K above this area and a daily close to really confirm a proper breakout.
$ZRO Strong move, close to the all time highs & range high. Looking at this coin, its FDV at $5B+ might seem high, but it's good to note that there's no unlocks until June 2025. It's market cap based on the circulating supply is still <$600M which is why it moves relatively…
Getting into that kind of market environment where nearly every chart looks good. Yet, there are still big out and underperformers. Generally you want to stick with strength and leave the laggards. Some coins can pull several multiples before others go up +10%.
$OM Pushing higher and getting close to its previous all time high. This is a leader in the RWA sector and a coin I expect to keep outperforming in a bullish market environment.
#Bitcoin Good relative strength vs stocks today but it's definitely weighing down on crypto in some degree. Need some supportive price action from stocks to keep the momentum strong.
$TAI Is one that I'm watching. Has been bouncing back and forth within this range for a couple of months. Volume/momentum wise it's looking quite strong. If it breaks this key level I am expecting us to head for the white dotted line & beyond. AI + SOL Narrative strong.