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jtradestar
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In a sea of all red
$
HYPE
is the only asset green today
Hyperliquid
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jtradestar
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Wonder if this sub 100k wick that we printed last weekend ends up being similar to the sub 50k wick we printed in summer of '24 that marked the macro bottom Very similar dynamics where we had peak macro fears i.e. German government sells, USDJPY carry trade blowup in TradFi, Iran/Israel conflict in 2024 We never ended up revisiting the low and chopped around until the Trump election win gave us the catalyst to breakout Chop for rest of summer but don't make any new lows 150k by EOY for $BTC?
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insane timing of the $SOL ETF news as it sits at generational support of the SOLETH pair and losing 365d rVWAP
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Getting real close here for a breakout on $ETH after a 4th tag of 365d rVWAP and a rejection into a range low retest Getting capped the past few days at 30d rVWAP but with BTC pushing, expecting ETH to follow next Only a matter of time before we see a 3000 handle on ETH
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Looks like we have had another failed assassination attempt at James Wynn today on $BTC Shorts piled on near his liquidation price at $104.7k with the spike in OI we see After a partial liquidation and reduction of his liquidation price, shorts were forced to cover with OI peeling off and price going up Need to sustain the momentum here and push above 106/107k and we can go for ATHs imo
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If there's any hope for $ETH to finally breakout, it is going to happen soon Compression between 30d rolling VWAP and 365d rolling VWAP here Flip above and we expand rapidly towards $3000 and then you sell everything and enjoy summer
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