X(Twitter)š: @josnbulls. Once a critic, now an avid crypto advocate & Investor. Blockchain & NFT enthusiast. Learning trading from the highs and lows everyday.
Building the strongest support at the $1800-2000 levels , this zone has proven to be a solid accumulation zone. Not just in the past, but in 2025 as well.
Although ETH is showing all indications of a strong breakout. $1850 has been a touch and go point. So a continuous retest will make sure a big move could be just around the corner.
We need some volume brothers, some big fat volume.
šŖGo for spot accumulation as much as you can.
šµ For futures , I would suggest to open long at low (to decent) leverage. Don't panic if it dips. Try to average with small amount of capital.
As I mentioned in an earlier post that a dip is due in BTC. So always monitor that BTC.D chart and keep an eye on the liquidation heatmap. Will fetch you enough data about where the market is heading.
Relying solely on charts is good, but not always good enough.
Slowly and steadily I'm learning from my previous mistakes.
P.S - Although I need to be a bit more patient, always booking some profits ahead of the TP level. š
$PNUT Great Grab On Peanut š You can only see the entry, liquidation and my first TP level. If I share my position size Binance will take down this post. š
$XRP āā STOP FUTURES TRADING ON BINANCE āā Market manipulation on Binance at its finest.
This is the 1 Minute chart for XRP and BTC.
They both dump exactly at the same time in massive volumes. EXACT, SAME, TIME!
These are not whales or institutions sitting there in a chat session going "1,2,3 GO DUMP NOW".
These are sophisticated bots that operate across multiple tokens, with a warchest of $100ms.
Wouldn't surprise me if it was Binance themselves doing this. I mean who is watching them? No one. No one reviews trades, cross match against order books and users.
Retail and anyone trying to trade this to make profit short term is either gambling or using bots themselves.
This is insane, no wonder everyone gets rekt, you buy, it dumps. You sell, it pumps.
The only way to participate IMO and win is HODL, just don't sell until you make large profits over time.
And from now onwards I'm not going to place any future trade on this platform anymore.
$BTC LIQUIDITY Is The Market Driver If you think price moves only because people are buying and selling, youāve already lost.
Itās all liquidity hunt.
Every candle you see is just the result of liquidity being taken.
Price doesnāt pump because ābullish newsā dropped. Price doesnāt dump because people get scared. Price moves to where the most money is trapped.
If longs are stacked, market makers push the price down to liquidate them.
If shorts are overloaded, they send the price up to wipe them out.
So stop thinking the market reacts to news or retail emotions.
It moves to where the most money can be taken.
So understand that, and youāll stop being that exit liquidity for the Institutions.
No one is feeling that crypto will go up, Investors asking should we exit crypto in 50-60% loss. New investors are not ready to buy anything even when they are at 70% discount from the recent top.
Clearly signs of showing panic fear by market makers even after lots of bullish news in the market people are in Fear.
This shows the financial market makers are so strong, they can change the whole sentiment in just 7 days.
I've seen this before also, but this time it is just bigger and worse.
I will HODL tight, I know they gotta take out all players who joined this year thinking to make easy money in crypto and then reward us who are here for 5-7 years.
$WLD The Era Of All Crypto Assets Moving Up In Unison Is Over.
āWe are all gonna make it (WAGMI)ā is dead.
This is a natural step in the evolution of crypto space.
If you look at the first few pages of Coin Market Cap (CMC), only 43 tokens of the top 300 have outperformed BTC in the year 2024 YTD.
Then why does any other category not stand out?
Letās dive in.
There is a massive overproduction of tokens. 600,000+ tokens already launched in 2024 and this was just as of April. And thereās over 5500+ tokens being launched per day.Ā
The valuations of altcoins are getting extremely inflated at the centralised exchange listing time. Letās ignore the tech behind the project and look at some key points:
šøThe founders get zero cost basis.
šøVCās and angel investors get to buy a large percentage of the token very cheap.
šøThen centralised exchanges, market makers, Twitter (X) KOL, Influencers and other prominent people, they either get token supply or cash in order to talk about the token.
And ultimately retail is the exit liquidity for this and at the end of the day they get dumped on.
One thing you should notice is that in Tier-1 VC backed infrastructure projects, all the FDV that grows it all happens in the shadows, it happens in the private markets. By the time something gets listed, it gets a $5B or $10B valuation from this mega event but retail doesnāt get any benefit from them at all.
So, they deliberately list altcoins at extremely high initial valuations, so even after an initial -90% which is inevitable, the seed investors are up 100-200X and retail mistakenly thinks theyāre getting a discounted bargain.
Next time you see anyone posting āThis person made a 100X from the XYZ coin, itās definitely not retail.
Hence focus on market cap, focus on demand+utility. The top alts are still undervalued.
$BTC This Is The Price Action We All Have Been Waiting For Now all it has to do is break below that ascending support trendline, fall in that zone and hover between 95K-85K for some time and then shoot up towards that $125K mark during March.