A lot of longs got rekt recently, while the funding rate indicates high short sellers paying long buyers. Negative display with bold green. No wonder. We’ll see in 2 days.
Читать полностью…Despite the recent news, the market is still stable at the moment. Indodax hack only in small amounts compare to any top 100 marketcaps.
Читать полностью…The rebound is pretty nice. The expected $BTC range is still holding. $SEI is still down, but slightly better.
$TON is also good looking so far.
See you tomorrow.
For people who want to maximize gains, they should pick the lower time frames (LTF) if they have minimal capital and are using higher leverage.
But for us, higher time frames work better because we have other things to focus on and don’t want to watch the chart that much. We make money using 1HR-4HR-1D setups, or even 1W to get a bigger picture, which is what we frequently look for.
Pick a strategy that fits you best, based on your current situation (capital, skill, and time). You do you.
We’ve been DCAing a bit, and looking at the Realized PNL, this position is getting paid even after holding for days. Pumpy pumpy ahead, until it stops paying longs. $SEI
Читать полностью…Comparing $JTO's and $SEI's TVL to their market cap. SEI, as a layer 1, is still growing in TVL, with an uptrending trajectory, while $JTO has benefited from the Solana ecosystem. Both continue to perform well as a platform.
Читать полностью…While $ORDI and $RATS are showing higher percentages with just a small needle move on the chart, AAVE isn’t experiencing any correction at all, despite the majority of altcoins tanking. Makes you wonder why…
Читать полностью…Down 15% on the $SEI position recently—with 2.5x leverage, that’s more than a -30% loss. I’ll personally will DCA at $0.22, but it looks like a retest is happening on the weekly time frame. So, I bet we’ll wait until the middle of the month.
Читать полностью…A 50bp (0.50%) rate cut by the Fed is a sign of an economic emergency, and if there are back-to-back cuts, it indicates a serious crisis (ini kayak lo ngerem mendadak pas mau kecelakaan. Cuma berharap semoga nggak nabrak parah). If you’re bullish on crypto because you expect large rate cuts, you might want to rethink, as such cuts usually mean the economy is in trouble (high rate cut sampe 50, pun bukan hal yang bagus. Makanya ada terms “soft landing”).
For a 50bp cut to happen, jobs data leading up to the NFP report needs to be really bad, and the NFP itself must be a shocker. A terrible NFP could cause a big sell-off in risky assets, like stocks, starting with the Nasdaq. Both Bitcoin and the Nasdaq could react strongly to this data, with a 50bp cut pushing markets far from their usual trends.
Waiting for the rate cut sentiment for September. Usually lower rate impact on a bullish stock and crypto market as the interest yield for savings decreased.
Читать полностью…$SEI position getting paid $6 from the funding rate (from short sellers) in a day should be a great sign.
Читать полностью…10 days in, and still getting paid by holding this position. Shorts are paying longs, which means… 😁 $SEI
Читать полностью…Good weekly close for some. It’s crazy to think how that ‘modular blockchain’ project can go this deep. I think the devs also know they need to sell after the hype. You have to stay aware and hold only with the trend, not bag-hold forever on some projects, even the most legitimate ones.
Читать полностью…$SUI will soon be back in a range where it can be longed again, while $SEI is experiencing a small correction from our entry point.
Читать полностью…As the mempool processes Bitcoin wash trading, some altcoins remain stable. The off-chain purchases and on-chain splits into new wallets are being done smoothly. Some altcoins are not affected as much at the moment.
The OG wallets for ETF’s demand. Or old wallets just selling knowing it’ll go lower…
Sideways ranging between $50K-$60K until the Fed’s announcement on the 17th-18th will be fine. Not expecting much from the current market—just peaceful holding. $BTC
Читать полностью…You expected Durov to return, just like CZ, but the current pump is too small for $TON.
Читать полностью…Trx up
Fees down
This is what we wanted a few years ago. Regardless of the price, the ecosystem is slowly achieving its purpose.
While most people are targeting the $40K-$47K range in September, we think this month will be good for bulls to maintain the $50K-$60K range. Anything higher than that will be positive for the overall altcoin market.
Читать полностью…$RSR is casually sitting on support and showing a notably higher recovery on the last LTF bounce.
Читать полностью…September 17-18 should be when the Fed announces whether or not there will be a rate cut.
Читать полностью…A few factors that are influencing rate cuts:
1. Inflation rate
2. Economic growth rate
3. Unemployment rate
The topic of a “soft landing” has been discussed for months now, yet the rate cut has not been implemented. With inflation “cooling off” and the unemployment rate rising, the dollar has weakened. Eventually, the Fed will have no choice but to implement a rate cut. A high unemployment rate can lead to instability and increased crime rates.
There are increasing expectations of a 25 bps cut soon.
Q4 should be the moment when you consider adding a new buying level to your spot account or re-screening for long positions. By October or after the US election, we should have even more clarity.