Pooop
Perps getting crazy long into resistance while spot is not really buying.
What could go wrong ?
$btc
What could go wrong ?
$btc
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Pooop
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ct is worse than a ghost town. engagement is non existent. at least in ghost towns there are ghosts to engage with. here, everyone has left.
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$BTC looks like a pretty clean break out so far of a month's long downtrend.
there is a low volume node around 94.7-94.9k so thats where i'd look to take some profits off the table.
lets see if the bulls have the momentum to push this upwards.
my base case still remains that we need to go back down to sweep liquidity at high 70s.
so up to mid-high 90s then dump to 70s.
there is a low volume node around 94.7-94.9k so thats where i'd look to take some profits off the table.
lets see if the bulls have the momentum to push this upwards.
my base case still remains that we need to go back down to sweep liquidity at high 70s.
so up to mid-high 90s then dump to 70s.
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these people never learn. shorting $eth at support (increase in Open Interest while perps cvd is going down) and the selling being absorbed by limit buys.
my bet is we see a bounce to 3250-3300 $eth in the next 24 hours. looking good here for a short time frame bounce
my bet is we see a bounce to 3250-3300 $eth in the next 24 hours. looking good here for a short time frame bounce
ETH1,34%
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Have been doing some thinking and reading of what the Venezuela thing means for markets.
Trying a longer form post for once. Let me know if I should post more like this rather than brain rot 1-2 one liners.
(Not so short) summary of my thoughts.
- US Spec Ops captured Maduro yesterday (sunday) us time from right out of the Venezuela capital. Today he has already been flown to New York and is being held and going to be charged for nacro terrorism (very serious)
- Maduro was widely unpopular, widely believed to have rigged and stolen the 2024 election. He was also unpopular with other South/Lat
Trying a longer form post for once. Let me know if I should post more like this rather than brain rot 1-2 one liners.
(Not so short) summary of my thoughts.
- US Spec Ops captured Maduro yesterday (sunday) us time from right out of the Venezuela capital. Today he has already been flown to New York and is being held and going to be charged for nacro terrorism (very serious)
- Maduro was widely unpopular, widely believed to have rigged and stolen the 2024 election. He was also unpopular with other South/Lat
BTC-0,38%
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Have been doing some thinking and reading of what the Venezuela thing means for markets.
Trying a longer form post for once. Let me know if I should post more like this rather than brain rot 1-2 one liners.
(Not so short) summary of my thoughts.
- US Spec Ops captured Maduro yesterday (sunday) us time from right out of the Venezuela capital. Today he has already been flown to New York and is being held and going to be charged for nacro terrorism (very serious)
- Maduro was widely unpopular, widely believed to have rigged and stolen the 2024 election. He was also unpopular with other South/Lat
Trying a longer form post for once. Let me know if I should post more like this rather than brain rot 1-2 one liners.
(Not so short) summary of my thoughts.
- US Spec Ops captured Maduro yesterday (sunday) us time from right out of the Venezuela capital. Today he has already been flown to New York and is being held and going to be charged for nacro terrorism (very serious)
- Maduro was widely unpopular, widely believed to have rigged and stolen the 2024 election. He was also unpopular with other South/Lat
BTC-0,38%
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$btc bidding literally started on 1 jan. Asia bidding started once the clock struck midnight (literally) in china/hk.
very interesting.
for now, have flipped and am long, seems the weekend pump is looking durable (for a few days at least), then will reassess after.
very interesting.
for now, have flipped and am long, seems the weekend pump is looking durable (for a few days at least), then will reassess after.
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$btc has been grinding up in the last 40+ hours or so, EVEN WITH spot aggressively selling off (orange line) --> passive buying
perps have been relatively flat until the last 12 hours when asia opened and perps shorts have been added (purple line).
feels like we get a short squeeze pump with just a little spot buying up to 90-92 or so, grab the liquidity around 91-92 ish and then dump again.
i was long 12 hours ago when asia opened. now flat. waiting for more developments
perps have been relatively flat until the last 12 hours when asia opened and perps shorts have been added (purple line).
feels like we get a short squeeze pump with just a little spot buying up to 90-92 or so, grab the liquidity around 91-92 ish and then dump again.
i was long 12 hours ago when asia opened. now flat. waiting for more developments
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based on nothing than my gut feel (from staring at charts for thousands of hours over the years), I think we retest low 80s at the minimum over the christmas holidays / next few days to totally take everyone out who has been long and expecting a santa rally in $BTC.
this is not financial advice. absolutely no TA involved in this at all, just my gut.
Sometimes you just have to go with what your intuition tells you.
this is not financial advice. absolutely no TA involved in this at all, just my gut.
Sometimes you just have to go with what your intuition tells you.
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limit short sell at 94.1k on $btc hit last night.
this move up has been entirely perps driven.
spot cvd selling constantly (pink line) while perps cd going up (orange line). correspondingly, open interest and funding rate (yellow line) also going up.
what could go wrong for longs here?
this move up has been entirely perps driven.
spot cvd selling constantly (pink line) while perps cd going up (orange line). correspondingly, open interest and funding rate (yellow line) also going up.
what could go wrong for longs here?
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Asia / London session pump = New York session reversion
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market so boring I'm pivoting to reposting bonnie blue articles.
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