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Cas Abbé
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An expected reversal is going great so far
$BTC
successfully hitting 105k after sweeping $100k liquidity ✅
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Cas Abbé
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$ETH hidden bullish divergence is in play. Prices are making higher lows, while RSI is making lower lows. This is a clear sign that ETH's underlying strength is still intact. I think a dump below $2.4K was the local bottom, and ETH could now rally towards $2.7K-$2.8K in the coming weeks.
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Where is Altseason? When will my bags pump? When will I make genrational wealth? The reality is that we're still in Bitcoin Season. Altseason hasn't even started yet, as ETH is still trading below 2021 highs. I know that during 2020-21 cycle, alts rally happened much earlier but that was an outlier. Massive QE and 0% interest rates fueled that rally. This time, we won't get any major liquidity injection until Q4 2025. So, accumulate in silence and just wait. Big gains will definitely happen.
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$MASHA is breaking out 🚀 The entire market is going through a correction, but MASHA is heading higher. It seems like a new ATH is coming this month.
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BNB Chain has done $10B+ in DEX volume for 18th consecutive days. Since 20th May, @BNBChain has done $219B in DEX volume, which is more than all the other chains combined. And here's the biggest shocker. As the BNB Chain network activity is rising, its median transaction fees just hit a new low of $0.015. This is just phenomenal 👏
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$BTC liquidation cluster is now signalling an upside move. If BTC pumps 10% from here, $15.11 billion in shorts will get liquidated. Meanwhile a 10% downside move will liquidate $9.58 billion in longs. One more thing to add here is that BTC funding rate went negative yesterday, which is a sign that big short positions are being built. I think BTC big move is coming next week, possibly pushing it above $109K-$110K.
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