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CRYPTO MECHANIC
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Just saw a video explaining
$XRP
will hit $1000 and i was almost convinced.
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CRYPTO MECHANIC
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When the market is going up and it randomly takes a sharp dip down to liquidate late longs. Thatās the kind of dips i like to play with bigger amount and thatās the opportunity you can always avail. It gives you a quick bounce in short period. I have publicly played it so many times most of you may know it.
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Bitcoin is stuck around 95k for a week around last monthās high. Itās not able to break out yet. Just one move up to liquidate bears calling for $70k and now stuck at key supply zone. Something I donāt like to see. If we really are back in bull market. I think the market should keep pushing higher. Many altcoins are also slowing down. They were moving strong a few days ago, but not anymore. I really want to see a dip caused by late long liquidations. That kind of drop can give us a great chance to buy cheaper and catch the bounce. Not going to hold anything for long term. Will just play short term moves that too as long as we are trading above 88k - 90k.
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Man, I kinda miss the days of trading alts against BTC. Back in 2016-2018, it wasnāt about stablecoins it was about stacking sats. Watching BTC pairs moon while BTC itself pumped. Now itās all USDT charts and dollar values feels like somethingās missing. Who else remembers those wild BTC pair runs? Who was around that time?
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These were the top 13 Altcoins (Excluding BTC) back in 2017. you see most of these are not even in top 100 now or doesnāt exist at all except Ethereum , XRP and Litecoin still crawling. This is the perfect example for you that āChose your Altcoins wiselyā None of these are loyal.
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$ENA Nothing much there on the daily chart. No break in structure. If price can break and hold above $0.400 on Daily then we can talk about some upside, Otherwise i don't see anything good init.
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