Well.. Powell didn t cut but the effects are the same šāāļø
Bulls eveywhere you look..
Grin and bear
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Bullish
Brother bears,
Before opening positions next week, keep in mind that a rate cut is likely on Wednesday. Why? Because Mr. Powell has a clear mind. Also, mind all the liquidity Northbound. No matter how much one dislikes bulls, it is not wise to stand in front of them when they run.
Before opening positions next week, keep in mind that a rate cut is likely on Wednesday. Why? Because Mr. Powell has a clear mind. Also, mind all the liquidity Northbound. No matter how much one dislikes bulls, it is not wise to stand in front of them when they run.
It's clear that everything is fine in the man's head)
Trump is a legend of our time, no president has ever behaved so strangely and deceptively, no one has switched sides daily) No one has allowed themselves insider trading, publicly hiding it) No one has created their own meme token)
Why is nfp data important for crypto? Because its key economic tool to decide how strong the economy is and to decide the interest rates. As you know there is an ongoing debate on rate cuts
A strong NFP report could delay those cuts, which might cool off the crypto markets. While a weak report could keep the bullish momentum continue.
Expect some high volatility during newyork session.
Your conclusion is that in any case 96.500 will be touched.
ē梦诓åø
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The short-selling liquidity of BTC around 96,500 has reached a liquidatable peak, which is very similar to the previous complete breakthrough of 85,000.
On the other hand, the liquidity gap around 97k to 98k has not been fully filled yet, so the probability of liquidation at 96,500 in the short-term market is quite high. However, whether it can ultimately enter the liquidation zone above 98k is still very uncertain in my opinionā¦
So there are two theoretical scenarios:
1. After the macro data is released, the price fluctuates rapidly in the short term and liquidates the short-term liquidity above 96,500, then the price begins to pull back and returns to the current consolidation range;
Then we will judge whether the price rebounds based on the distribution of newly added liquidity before Fridayā¦
2. As macro data is released one after another, the market views it as bearish, and the price does not liquidate the short-selling liquidity at 96,500, directly starting to pull back;
If the increase in long positions afterward is not too aggressive, and the overall leverage is not too high, then after a round of pullback, the price may still rise again to liquidate the short-selling liquidity at 96,500ā¦
In short, Wednesday's small non-farm payroll and GDP, and Friday's large non-farm payroll and unemployment rate, will inevitably bring huge volatility to the market, and there is even a possibility of a scenario where prices rise first and then fall. It is advisable to be cautious.
The general direction on the market is down. Too much silly optimism. However, for those who enjoy thrils, there is liquidity a little to the North, especially for BTC. However, I wouldn t hang on too much on longs, don t you know.
EU GDP and US GDP will be released today, both ahead of NY opening bell.
$ETH LONG is moving and TP zones are on the map! š We're climbing and it's time to secure those bags step by step As price goes up, we take profits progressively ā no greed, just structure.
š SL now adjusted to entry ā risk-free and chill š Key levels to watch: 1ļøā£ 1653 2ļøā£ 1684 3ļøā£ 1804 šÆ Final target: 1940
If youāre already in ā mark these zones If not, donāt FOMO ā wait for the retrace, it always comes Smart entries beat late chases every time.
Follow for real setups, not hype. Trust Me. #STAYSAFU
2025 is the new 2018, looking on how politicians handle stuff.
TheCryptoFire
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If Ethereum (ETH) ends March with a red candle, weāre looking at four months in a row of dropping prices. Thatās a bummer streak we havenāt seen since the rough days of 2018 š„²
Before this, the longest slump was just three months straightāguess weāre breaking records nobody wanted!
You rekon $BTC to touch down @ 73.000 at the end of March?
CRYPTO MECHANIC
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The Daily & Weekly chart is still in a down trend ( Bearish ). Might be possible we see a move up Post cpi to liquidate more shorts followed by trend continuation.
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