Pooop

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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 $eth in the next 24 hours. looking good here for a short time frame bounce
ETH0,55%
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Have been doing some thinking and reading of what the Venezuela thing means for markets.
Trying a longer form post for once. Let me know if I should post more like this rather than brain rot 1-2 one liners.
(Not so short) summary of my thoughts.
- US Spec Ops captured Maduro yesterday (sunday) us time from right out of the Venezuela capital. Today he has already been flown to New York and is being held and going to be charged for nacro terrorism (very serious)
- Maduro was widely unpopular, widely believed to have rigged and stolen the 2024 election. He was also unpopular with other South/Lat
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Have been doing some thinking and reading of what the Venezuela thing means for markets.
Trying a longer form post for once. Let me know if I should post more like this rather than brain rot 1-2 one liners.
(Not so short) summary of my thoughts.
- US Spec Ops captured Maduro yesterday (sunday) us time from right out of the Venezuela capital. Today he has already been flown to New York and is being held and going to be charged for nacro terrorism (very serious)
- Maduro was widely unpopular, widely believed to have rigged and stolen the 2024 election. He was also unpopular with other South/Lat
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$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.
BTC1,33%
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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
BTC1,33%
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asian people (who could care less about the arbitrary 31 dec calendar holiday) seem to be working and bidding $btc while the americans and europeans are still out of office
🧐🤔
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a belated merry christmas to everyone! ho ho ho! $btc
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New Year’s resolution - run this 5k usd challenge account up to a million asap.
Good start so far on a $btc and $eth long at the short term (?) bottom last few days
Note: this is a total Degen account. As likely to blow up tomorrow as it is to go up 🤣
BTC1,33%
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$btc trend is very clearly down to wipe out everyone who is trying to long this "santa rally"
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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 $BTC.
this is not financial advice. absolutely no TA involved in this at all, just my gut.
Sometimes you just have to go with what your intuition tells you.
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$btc minimum 82-83k looks inevitable in the next week imo
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my pfp is literally perfect for the chart. 3 barts in a row on $btc
BTC1,33%
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looking like 88-88.5k $Btc is incoming in the next 24-36 hours. liquidity grab at 94.5k was way too obvious bros
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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?
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Asia / London session pump = New York session reversion
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Feels like a risk off kind of day. Will be shorting any $btc pumps. Bias is down unless proven otherwise
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market so boring I'm pivoting to reposting bonnie blue articles.
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fomc on wed.
his is going to be one of the biggest nothing-burger FOMC's in the next few months because you have a lame duck chairman (powell) and trump has already (as good as) announced his successor, who is a big dove
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$btc is now consolidating in a low volume node, which is typically an area where you get some sort of reaction from the market.
went long here at 89.2k for a bounce to 92-92.5 (also the POC of the recent move down) or so and lets see what price does there.
doesn't take much on illiquid weekends to move it up and feels like there are too many people shorting this for lower.
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$btc is now consolidating in a low volume node, which is typically an area where you get some sort of reaction from the market.
went long here at 89.2k for a bounce to 92-92.5 or so and lets see what price does there.
doesn't take much on illiquid weekends to move it up and feels like there are too many people shorting this for lower.
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