Market is weak, especially in Alts.
Alts hit stop loss or nearly sl.
Cut it & move to new setups
Yesterday daily looks not good in sideway market but in trending market It just confirmed nothing.
Читать полностью…BTC local fluctuation:
up 9% & down 9% in 2 candles.
Don't use high leverage in these days.
#BTC what I see at this point:
Buyers are not yet ready for the next upside in the next few days.
There are 2 cases:
Case 1/ due to the high positive funding rate, BTC remains sideways for next few days. Bulls need to wait Till Funding rate cool u & turn to negative value . We should patiently wait for this case.
Case 2/ FUD news suddenly come in or Macro issues will impact. At this point, Funding reaction just suits the news. Market will crash.
Following pure TA, May level (28k-33k) is still a magnet
Now range for local price: 25k2-24k1
what is tech behind CFX ?
2 days ago I just ignored CFX because of large marketcap 😐
BTC made a good run from 20k to 26k.
Now funding rate matrix indicates this run need to cool off a bit.
Expected for sideway range for alts.
Always risk under your control.
High positive funding in #BTC but chart shows break the last high.
Expected for sideway range here
Elon Musk selling BTC caused a breakdown 30k.
9 months printed a Macro iH&S
Today is the highest high in past 9 months.
#HOOK short setup reached TP then It bounced from target to entry.
wow anyone wonder how to count that target ?