Daily Vol ed. 2025-04-01 🦉

Got to the first liquidation area targeted from yesterday, but still some left.

Personally was targeting exiting longs around 85, but got stopped out on the wick while asleep and ended up with too many shorts too early. Not happy with my execution.

👉 Aggressive risk management is just as bad as aggressive directional bets.

- Liberation Day less than a day away, and the media machine keeps spewing out more info about it; now tariffs are maximum ‘caps’.

- Now I’m thinking short relief and then risk off again into Friday NFP. We'll see if this makes high lows or equal lows on SPX. Fridays have been risk off for everyone, so leaning on staying bearish macro.

- On the relief of liberation day we might get the opportunity to take out the 86k area. Will add TP longs here.

- Orderbook is a bit skewed towards asks for both spot and futures, so will need a push from SPX or GME.

All in all, continuing to be bearish until proven otherwise and leaving room for a liquidity grab towards 86k

Positioning : Knocked out of my entries due to the SL yesterday, so fighting to get back into comfy positions.

- Long BTC into 86k

- Hold ENA ETH and others for short leg

- ENA thesis : https://t.co/NwVYRQ6ShJ

- Barbell long SOL?(or Fartcoin)

· Interesting accumulation into 4th and 7th unlocks

This could be an interesting long after the the dates

Positives

- Macro looks like tariff news is mostly digested

- GME Convertible Note

· $1.4b CN announced on 26th is now FILLED

Not sure if they bought BTC yet. Just conjecture.

Negatives

- Jolts came in slightly weaker adding to growth fears

- NFP and Unemployment on Friday will be important to the market.

- Orderbooks looking bearish

- LT option skews negative. ie bear szn

Ciao 😉

🕹️Currently trading mostly on @Lighter_xyz

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