Crypto Chase-1

June 23rd video now available on Whop!

- BTC open trade update/reasoning (long from 100.4K)
- $BTC $ES $SOL $ETH FARTCOIN analysis and trade ideas
- BTC / ES areas I'm bidding if war escalates
- Random alpha as always!

$BTC

I'll send a half risk long if we get a sweep. Easy invalidation at new local lows which I think would require the Iran conflict / fear to escalate and we'd be seeing low 90K's etc.

Well, that was uneventful to say the least. $BTC obviously offered a nice discount, but $ES couldn't even sweep 5700 lows. ES futs literally opened and resolved the conflict single handedly lmao. Not sure what to make of all of it atm, prob just flat for a bit.

Would be amazing to see all the leverage unwind in a single night.

Tonight.. "BREAKING: Strait of Hormuz closed by Iran"
$BTC to low 90K's

Monday morning.. "Talks to reopen Strait of Hormuz to take place on Wednesday"

Immediately bounce it back above 100K.. a man can dream.

$BTC $ES

Current levels of interest are 93.5K / potential 91.5K sweep for BTC and 5500 sweep on ES. Set these stink bids for now, we'll see how things develop. I'm in no rush.

Having a hard time deciding where to bid, typically not a great sign. As always during times like these, my focus will be on $SPX n $BTC. They'll always be first to bounce then dogshit catches up once things look safe again. Never knife catch garbage. Will post bids eventually.

$BTC

lmao that is a nastyyyyyy move. NGL I thought about adding back to long a bit seeing the expansion out of the consolidation, but chose to just chill bc these endless headlines/shit PA lately I just haven't been paying attention. Glad I sat out. Nasty nasty move.

5700~ $ES and 94K~ $BTC are my areas of interest if things get ugly.

These assets will be the first to recover once things resolve. Therefore, my focus will be on them for the time being rather than further down the risk curve (altcoins, memes, etc).

Now actually good luck n GN

$BTC

Looks pretty cooked unless we reclaim 106.7K~.

Last hope for local bullishness is to sweep some local lows then bounce (as drawn). If price action full retraces into the V-reversal, that's bearish imo.

Overwhelming sentiment that all time highs for risk assets are right around the corner. Complacency setting in as well imo.

While I'm long $BTC from 101.6K~ (and think local low should be in), I still think $ES needs to clean up the 5700 lows. I'd buy it for new ATH's.

June 10th video now available on Whop!

- $BTC $SOL FARTCOIN updates and next areas I'm interested in
- Why I chose to TP 110K~ rather than 107K~ "supply"
- Risk management discussion based around recent trades
- Random alpha as always!

Saylor raised a billion last week. If he splurged it all over the weekend, I'll likely cut half the long here at 107K.6K~. If he didn't and the number is small then that billy is probably coming through this week (aka retest of current ATH's is likely). Let's see.

$BTC

Morning $BTC bulls

(my actual avg entry 101.6k but we engagement farm a little)

$SOL

Unless $BTC and $ES hard carry, SOL likely still plays out like this. 130's hold or it's a wrap imo. I'd add back some risk in box.

I don't know exactly how this happens (and maybe it doesn't at all), but it's what PA is telling me atm.

Still long BTC, no changes there.

$BTC

That's as low as you really want to see. Leaving the last low unswept serves the purpose of providing a quality pullback, but not allowing the obvious area to fill. My SL allows for it (hard stop in low 90's), but I'd much rather see it not fill if we're actually strong.

$BTC $SOL FARTCOIN update

If we continue to retrace or get an aggressive move down sooner than later, the boxes are the local bottoms. The remainder of my bids are in the boxes and if we lose the boxes, I'll adjust bias from this being a dip worth buying to short-term bearish.

The speed of moves is important. I was originally interested in $SOL upon a sweep of $158. We mostly slow bled into it, no reaction, I cut on the bounce. Then I was interested in $150's demand. Again, slow bleed, consolidation, so I cut partial. Now looking towards low 140's demand (optimally as $BTC sweeps 102K).

I often talk about liquidity flushes and aggressive moves. We don't get them nearly as much anymore, but aggressive moves by far produce the best trades (at least for me). And until we get that aggressive move, I'll continue to be reserved.. adjusting average entry down, widening stops to allow for the eventual leverage flush, etc.

Hopefully helpful information when it comes to bidding retracements / pullbacks.

The speed of moves is important. I was originally interested in $SOL upon a sweep of $158. We mostly slow bled into it, no reaction, I cut on the bounce. Then I was interested in $150's demand. Again, slow bleed, consolidation, so I cut partial.

I often talk about liquidity flushes and aggressive moves. We don't get them nearly as much anymore, but aggressive moves by far produce the best trades (at least for me). And until we get that aggressive move, I'll continue to be reserved.. adjusting average entry down, widening stops to allow for the eventual leverage flush, etc.

Hopefully helps when it comes to bidding retracements / pullbacks.

FARTCOIN

More bids in the box. Solid confluence of liquidity, 0.5-0.618, and demand. Box holds or it's over imo.

$BONK

Looks pretty good. I have the same bias for BONK as I do $BTC and $SOL. One last leg lower here to deviate the low would be great fuel for a genuine up move. Same goes for BTC sweeping the 102K low and SOL testing genuine demand mid 140's. Stop out weekend longs then send.