AltcoinSherpa-1
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many shitcoins are about 50% down (or more) from their overall recent highs (see $POPCAT). I think that a local bottom is forming around here but what happens after is anyone's guess. There are a few diff scenarios obviously.
market is slow bleeding now, good day to go touch grass imo. active trades aren't great in this environment imo
$LOUD and $KAITO are good examples of what this space mostly always has been and will be: show me the incentive and I'll tell you the outcome. In the past, KOLs would fill and then shill (still happens ofc) and that's pretty normal behavior. now, it's shill w. different incentives
This price action isn't conducive for any sort of bottom for alts. need to see these recent lows hold and wouldn't mind seeing a few wicks with some buyers coming in. Not really in any high conviction active trades right now, just some lower sized hype longs
I'm long $HYPE in 4 different ways: hype spot, hype futures (on hyperliquid), Hype on Lighter and Hype on Binance
HyperLiquid
HyperLiquid
even though I think we bounce relatively soon, it's hard to see any real bid coming in rn. pretty low volatility and alts are still chopping around. I'm still exposed via spot but not really in any active positions rn
Fartcoin bounces soon
hot air rises
hot air rises
going to be pretty funny seeing $LOUD totally flop and all of make like $300 after doing 10 tweets+ for this thing.
wouldn't surprise me to see a fun Q3 for a lot of shitcoins. Expecting some cooldown here on a lot of them (though bounce first). Ex. $WIF $POPCAT $SUI
Could be cope but I still think that we bounce somewhat soon for $BTC. PoC right around here (see other charts), 200 ema 4h right near here, etc. Not saying this is THE bottom, but local bottom should happen soon in theory...
alright lets try to buy another dip....
i've had 3 separate sessions where i've longed and roundtripped (and net lost) 5 figures every single one. great trading day today! fml
Fartcoin bounces here or at the 0.50 fib at $0.92
I dont make the rules
I dont make the rules
What a coin HyperLiquid is... $HYPE getting bought up quickly
Just feels wrong longing hype on binance even though that's available so I moved more $$ to my HL perps account.
Just feels wrong longing hype on binance even though that's available so I moved more $$ to my HL perps account.
still not rushing into any positions personally. Lost some $ yesterday by overstaying my welcome and roundtripping w. that Trump tweet, is what it is. Overall I still think it's a scalping environment. I do think $BTC bounces relatively soon, though.
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