X(Twitter)š: @josnbulls. Once a critic, now an avid crypto advocate & Investor. Blockchain & NFT enthusiast. Learning trading from the highs and lows everyday.
Building the strongest support at the $1800-2000 levels , this zone has proven to be a solid accumulation zone. Not just in the past, but in 2025 as well.
Although ETH is showing all indications of a strong breakout. $1850 has been a touch and go point. So a continuous retest will make sure a big move could be just around the corner.
We need some volume brothers, some big fat volume.
šŖGo for spot accumulation as much as you can.
šµ For futures , I would suggest to open long at low (to decent) leverage. Don't panic if it dips. Try to average with small amount of capital.
As I mentioned in an earlier post that a dip is due in BTC. So always monitor that BTC.D chart and keep an eye on the liquidation heatmap. Will fetch you enough data about where the market is heading.
Relying solely on charts is good, but not always good enough.
Slowly and steadily I'm learning from my previous mistakes.
P.S - Although I need to be a bit more patient, always booking some profits ahead of the TP level. š
$PNUT Great Grab On Peanut š You can only see the entry, liquidation and my first TP level. If I share my position size Binance will take down this post. š
$XRP āā STOP FUTURES TRADING ON BINANCE āā Market manipulation on Binance at its finest.
This is the 1 Minute chart for XRP and BTC.
They both dump exactly at the same time in massive volumes. EXACT, SAME, TIME!
These are not whales or institutions sitting there in a chat session going "1,2,3 GO DUMP NOW".
These are sophisticated bots that operate across multiple tokens, with a warchest of $100ms.
Wouldn't surprise me if it was Binance themselves doing this. I mean who is watching them? No one. No one reviews trades, cross match against order books and users.
Retail and anyone trying to trade this to make profit short term is either gambling or using bots themselves.
This is insane, no wonder everyone gets rekt, you buy, it dumps. You sell, it pumps.
The only way to participate IMO and win is HODL, just don't sell until you make large profits over time.
And from now onwards I'm not going to place any future trade on this platform anymore.
$BTC LIQUIDITY Is The Market Driver If you think price moves only because people are buying and selling, youāve already lost.
Itās all liquidity hunt.
Every candle you see is just the result of liquidity being taken.
Price doesnāt pump because ābullish newsā dropped. Price doesnāt dump because people get scared. Price moves to where the most money is trapped.
If longs are stacked, market makers push the price down to liquidate them.
If shorts are overloaded, they send the price up to wipe them out.
So stop thinking the market reacts to news or retail emotions.
It moves to where the most money can be taken.
So understand that, and youāll stop being that exit liquidity for the Institutions.
No one is feeling that crypto will go up, Investors asking should we exit crypto in 50-60% loss. New investors are not ready to buy anything even when they are at 70% discount from the recent top.
Clearly signs of showing panic fear by market makers even after lots of bullish news in the market people are in Fear.
This shows the financial market makers are so strong, they can change the whole sentiment in just 7 days.
I've seen this before also, but this time it is just bigger and worse.
I will HODL tight, I know they gotta take out all players who joined this year thinking to make easy money in crypto and then reward us who are here for 5-7 years.
$SOL The Recent Dip Has Hit Me Hard & Taught Me The Biggest Lessons In Crypto.
And even after spending more than 4 years (5 this spring) in the markets especially crypto and implementing a couple of strategies successfully, I started doubting myself and the crypto market.
But when I witnessed the whales getting liquidated in millions, I realised I'm not doing that bad, all I need to do is strategize on a few things again especially risk management.
So here are some key points you should be implementing right away
šøNever take anything for granted, the market is unpredictable. You should always be prepared for the worst even in a full fledged bull market (which is miles away as of now). Greed is evil. So wait for your time, it will come.
šøFocus on Risk Management. In fact this should be your top priority if you want to have a successful career, being a trader or investor. People make huge profits during corrections and crashes. Hedging is a great tool during dips.
šø Market demands sacrifice. If you have developed an appetite to earn a million from the market, then you should also develop an appetite of losing a few thousands, at least $5k-10k. Even this is a huge sum for many, I know that, but the truth is always bitter.
šø Manipulation is at it's peak. Now we all know how the new US Govt is manipulating the markets. Delaying the Bitcoin strategic reserve is nothing but clearing the path for centralized cryptos for their own benefits. Who perishes in the end? RETAIL.
šøLast but not he least, always monitor the BTC.dom chart. This is the key for understanding the direction of Alts. It will make your life much easier.
Also, I think this dip hurts a lot more than FTX in 2022, because back then there was already no hope. People were so conditioned for a downside, they were already numb.
But this dip came when people still had hope of a big alt season.
But I'm sharing this experience to convey one simple message to you.
Don't Let Them Wipe You Out Of The Game.
Wealth is not generated by trading futures. It's about building a structural monument which is not built in a day.
I started small and had a shaky start. But my strategy was simple.
Build it from scratch.
I started small again and was slowly making it happen. Sharing my trades and of course signals every now and then with you. But liquidation slapped me harder and wiped my futures account.
But here's what I did before this bloodbath that makes me feel still confident and secured in this unpredictable market.
šøWhen I started making profits I recovered my initial capital deployed for futures.
šøTook some profits out to my bank as well
šøPaid off some loans on Binance withdrawing a portion from my futures account.
And FYI that initial capital used was a loan taken by keeping crypto as a collateral. Yes, that's the power your assets possess. But I won't advise you to take a loan on your assets and start trading futures.
Don't ever think about it.
I know how much risk to take and was acting accordingly. TBH it was a decent sum I lost and was mainly a solid running profit.
So what went wrong?
Greed? Yes. I would say 50%.
Optimism? Fair enough & holds 50%.
But I made sure in advance that in any adverse situation no damage is done to my entire account and yet after this sudden massacre I'm standing strong.
Spot is growing. I'm earning everyday on my assets and that is passive income.
The only thing is I've to restart again in Futures but this time I know what "Not To Do". And yes I bought the dip today in my fav Alts.
I may have lost a 4 figure but I know it's the beginning of a journey towards 6 figures.
$WLD The Era Of All Crypto Assets Moving Up In Unison Is Over.
āWe are all gonna make it (WAGMI)ā is dead.
This is a natural step in the evolution of crypto space.
If you look at the first few pages of Coin Market Cap (CMC), only 43 tokens of the top 300 have outperformed BTC in the year 2024 YTD.
Then why does any other category not stand out?
Letās dive in.
There is a massive overproduction of tokens. 600,000+ tokens already launched in 2024 and this was just as of April. And thereās over 5500+ tokens being launched per day.Ā
The valuations of altcoins are getting extremely inflated at the centralised exchange listing time. Letās ignore the tech behind the project and look at some key points:
šøThe founders get zero cost basis.
šøVCās and angel investors get to buy a large percentage of the token very cheap.
šøThen centralised exchanges, market makers, Twitter (X) KOL, Influencers and other prominent people, they either get token supply or cash in order to talk about the token.
And ultimately retail is the exit liquidity for this and at the end of the day they get dumped on.
One thing you should notice is that in Tier-1 VC backed infrastructure projects, all the FDV that grows it all happens in the shadows, it happens in the private markets. By the time something gets listed, it gets a $5B or $10B valuation from this mega event but retail doesnāt get any benefit from them at all.
So, they deliberately list altcoins at extremely high initial valuations, so even after an initial -90% which is inevitable, the seed investors are up 100-200X and retail mistakenly thinks theyāre getting a discounted bargain.
Next time you see anyone posting āThis person made a 100X from the XYZ coin, itās definitely not retail.
Hence focus on market cap, focus on demand+utility. The top alts are still undervalued.
$BTC This Is The Price Action We All Have Been Waiting For Now all it has to do is break below that ascending support trendline, fall in that zone and hover between 95K-85K for some time and then shoot up towards that $125K mark during March.