$ETH Guys, a little bit of thought on ETH as a lot of people are now saying that ETH is reviving or ETH is going to $10k or whatever they want to say.
But in my opinion, it's not likely that ETH will survive. The main reason of why ETH is having a nice run simply just because it's at the very very oversold level and guess that some HFT algorithm bots are executing buy to cover the efficiency. Just it.
Pectra upgrade is also giving it good narrative which I believe some smart money is using it to boost the price up as well. That's why we have some run here.
But I'm still staying at my current bias which the era of ETH is extinct. It will soon become the next LTC, EOS, ADA, Polkadot and other old-fashioned projects.
The game is now for the new L1 which is cheaper, quicker, and more compatible for developers. Solidity is just for old men in the bronx, it's full of flaws and I think that ETH can't compete with new L1 like SUI, SOL, or Sonic.
What I'm looking at right now is the higher the ETH price goes, it'll be better for us to use it as our exit plan. I don't think we can see ETH to surpass $4000 in this run or in this cycle. It's time for ETH to go home.
$BTC I also think that it's now safe to say that we will break new ATH on BTC anytime sooner than we ever expect.
I'm expecting a new rally to the area of $120k-$130k until September this year (even it can extend to $150k level).
However, there will be huge crash again along the way to the upside. But, it surely is not a good decision to short and expecting a crash because you know that BTC will be like crazy when the euphoria come.
Hold your bag tight, don't sell any single BTC you have!
Altcoins are puming hard guys. don't forget to take your profits or you will regret it later. The best thing to do during this bull ride is not to sell ,just take your profits. #Bounce bit #pepe #BTCBackto100K
#BTCPrediction Guys, literally nothing we can do right now. At least, until the next FOMC meeting.
As of now, we're just seeing a swing movement at the very low liquidity in the market as well.
This is by far is because of people are waiting for several things related to the macro updates : 1. The update about the US trade deals with other countries. 2. For BTC, further update about the Strategic Bitcoin Reserve (could take a long way to go) as catalyst. 3. The last one is a very important one which is the FOMC, the FED stance on current economic condition.
I guess that we're going to see choppiness further until we have clarity about the FED statement. Whether it'll be a dovish or hawkish one.
Volatility is low, smart money is out of the market, and volume is gone. This is the time to stay away from the market.
- Strategy has acquired 1,895 BTC for ~$180.3 million at ~$95,167
- Binance founder CZ says he advised Kyrgyzstan to adopt Bitcoin & BNB as the initial assets for its National Crypto Reserve. - EToro Group and some of its shareholders are seeking to raise as much as $500 million in btc
This is the BTC 5-day time frame and not much of the analyst mentioning this pattern over the last 2 years as well.
In this correlation, I connect the similarity of price action during the golden crossover on the MACD MA line at the zero level and when the price reached the 55 EMA as the dynamic support.
From this point of view, we are seeing the price always had bounce on previous 2 occasions, giving us an approximately 170% and 80% gain.
I'm expecting the 3rd time to do the same but with less % gain. It confluents with $135k.
#Write2Earn .Actually with the last GDP report, I’m very happy with the outcome of the weak data.
The reason right now is that the FED has no reason again to be in this pace of QT. Otherwise, there will be recession in Q3.
I’m seeing a slowing down in economic policy very soon and Bessent has indicated that the treasury will start the buyback program. This is similar like QE in softer model.
Definitely, the administration is in panic right now.
I hope this week’s unemployment rate dan jobless claim will have a bad result!
As I mentioned, if you’re the BTC holders, you should pray for the chaos in macro level!
A lot of catalyst in the market right now, but I do think that we're going to see the consolidation in the price action much more longer that what I've expected.
I think that market still doesn't believe about current pump either in the risk on asset. The reason is well because of the bad bad geopolitical condition which we are now at the edge of potential war.
Also to note, credit market is broken in the US. The uncertainty about tariff is still becoming the main idea here. A lot of extraction in the market and that's why investors don't believe it.
Psychological think
I see we potentially clear $100k first to attract more buyers which make them think that the price is aiming for the ATH before another drop to $85k - $80k level as the last correction before new ATH. #BTC
I've been shilling this chart for a while and it looks like that it's now in a very good position for another spike higher.
My short term target is for the price to test again the area of $106k which is the base price of the ATH level.
Since the beginning of this correction, I've told you that there is no chance the cycle is over for BTC. And look at it right now, we're just one step closer to the new ATH.
I've tried to warn you when the price was at $48k, instead you were waiting for $30k. Also I've warned you when the price was at $80k, but you also wait for the $50k. Now look at the price and take a moment to reflect on how stupid you are with so much opportunity the market has given you.
In the next 3 months, BTC will be above $120k. Still don't believe me? Good luck staying poor.
It's been a very interesting look at the chart here which there is similarity of current price action with the price action back at the September - October 2024.
The EMAs are also printing similar movement with the 55 EMA in the daily time frame is curving up after managed to move very close to the 200 EMA.
This is showing s that bulls are now starting to win the fight and once they cleared off the prior high (in this case, $89k), there could be s feedback for more upside push.
Watch closely, it could be that it's now the last time you can buy BTC below $100k!
#MastertheMarket This is the trajectory we’re seeing on the worst case scenario, it may or may not happen as well.
First, we must understand that BTC is still the strongest instrument that hasn’t wiped out the entire gain post election. Price of BTC at that time was roughly around $70k.
My guess is that we will be heading lower first to the area of $74k-$70k before bounced harder, this is the worst case scenario.
Forget about on-chain or even your not-so-good technical analysis, market is now reacting irrationally toward the news or statement that come out from Trump’s mouth.
My take is that you must build some cash here after double digit drop occurs.
Remember, fear is not real. Don’t act irrational.. BTC
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1️⃣ Diversify: Don’t bet it all on one coin. Spread the risk, spread the gains. 2️⃣ Do your homework: Research everything – from the team to the tech. Hype ain’t facts. 3️⃣ Discipline: Got a plan? Stick to it! No wild moves.
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