BTC Liquidation Levels Overview:
There are close to 5 billion in long liquidations sitting at the ~$28.8k level for Bitcoin. For now, bulls are protecting this price range. However, if bears are able to take out the $28,800 level, we would see some substantial liquidations of long positions which would likely trigger a bigger sell-off down to 28k. Be aware of the $28,800 price point.
vix has a 4h bear div attempting to confirm and form in 37 minutes, 5 week duration but it seems pretty weak, should result in some kind of chop for august
There are close to 5 billion in long liquidations sitting at the ~$28.8k level for Bitcoin. For now, bulls are protecting this price range. However, if bears are able to take out the $28,800 level, we would see some substantial liquidations of long positions which would likely trigger a bigger sell-off down to 28k. Be aware of the $28,800 price point.
vix has a 4h bear div attempting to confirm and form in 37 minutes, 5 week duration but it seems pretty weak, should result in some kind of chop for august
π2
BlockMap | Announcement
BTC Liquidation Levels Overview: There are close to 5 billion in long liquidations sitting at the ~$28.8k level for Bitcoin. For now, bulls are protecting this price range. However, if bears are able to take out the $28,800 level, we would see some substantialβ¦
As We Planned !
Closed Longs
Closed Longs
π1
EIGHT BIGGEST US BANKS FACE A 19% BOOST IN CAPITAL REQUIREMENTS. U.S. Banks Face Large Capital Increases Under Final 'Basel' Plan -- WSJ
Banks Dependent on Certain Types of Fee Income, Trading Likely Most Affected by Proposal -- WSJ
Regulators to Seek Public Comment Through November -- WSJ
per walter bloomberg.
so inflation will be comign down for real now (it already has). this also tightens up the money supply. so a september dump thesis is very much validated now. question now is how does august play out.
Banks Dependent on Certain Types of Fee Income, Trading Likely Most Affected by Proposal -- WSJ
Regulators to Seek Public Comment Through November -- WSJ
per walter bloomberg.
so inflation will be comign down for real now (it already has). this also tightens up the money supply. so a september dump thesis is very much validated now. question now is how does august play out.
π1
BlockMap | Announcement
EIGHT BIGGEST US BANKS FACE A 19% BOOST IN CAPITAL REQUIREMENTS. U.S. Banks Face Large Capital Increases Under Final 'Basel' Plan -- WSJ Banks Dependent on Certain Types of Fee Income, Trading Likely Most Affected by Proposal -- WSJ Regulators to Seek Publicβ¦
so i think i know what's going on so far.
vix is saying "no issues." since it keeps cratering and isn't rising. but dxy and us10yy/us bond yields super pumping because banks / wall street needs to raise capital reserves now. in other words liquidity and cash on hand. if you recall from a couple of months ago jerome powell testified to congress they were very much going to raise capital requirements which alarmed some of the senators.
all looks according to planned.
the lack of liquidity (temporarily) for wall strete/us whales probably means it impacts crypto trading for them a lot more, hence why crypto having issues but stonks are not.
vix is saying "no issues." since it keeps cratering and isn't rising. but dxy and us10yy/us bond yields super pumping because banks / wall street needs to raise capital reserves now. in other words liquidity and cash on hand. if you recall from a couple of months ago jerome powell testified to congress they were very much going to raise capital requirements which alarmed some of the senators.
all looks according to planned.
the lack of liquidity (temporarily) for wall strete/us whales probably means it impacts crypto trading for them a lot more, hence why crypto having issues but stonks are not.
π1
Hello everyone, according to the notification I received, wld/try will be added to binance turkey tomorrow morning at 11.00 for Turkey and 04.00 for America.
Previously, aca/try and xec/try coins were added to binance turkey and there was a serious rise.
I will enter leverage 1 hour before it is added
I think you will also make a good profit, I wish you a good day.
#Dyor
Previously, aca/try and xec/try coins were added to binance turkey and there was a serious rise.
I will enter leverage 1 hour before it is added
I think you will also make a good profit, I wish you a good day.
#Dyor
β€4
Forwarded from MikybullπCrypto
Whats Is Funding Rate ?? When you long ,you are paired with another one shorting and vice-versa
But the bets are nearly never 50/50
So the side that has more bets(usually longs) pay a funding rate .
So if you're long and there's a positive funding rate like 0.0100,it means you pay 0.01% of your position in intervals .
Those are typically 8hour ,but it shows next to funding(the countdown).
When you see extreme funding like 0.0300 ,its a good indication that the market can be manipulated on opposite side.
Also often close to funding rate ,whales could close the position so they don't pay the fee.
If you see a funding fee like 1.000 which is extremely, usually the exchange will shorten funding intervals to like 3 hours.
And those entries are terrible.
When solana was been hammered at ftx , the funding on binance was 3.000 at 3hr intervals ,cause everybody was shorting.
Guess what? Sol wicked from 10$ to 14 ,killing shorts (including mine)
π1
Current thinking:
XRP breathed a last bit of life into an overextended rally, which was enough for some coins to pump and allow insiders to get precious exit liquidity before the slow capitulation bleed
If ripple didnβt win that judgement, weβd probably be much lower already, and now is the time where I think we start to trend down market wide
most smart money understand and believe that the real bull run is next year
Iβll talk about this on tomorrows Video, from what Iβve heard from my network and own experiences
YOUR OPNIONS ?
XRP breathed a last bit of life into an overextended rally, which was enough for some coins to pump and allow insiders to get precious exit liquidity before the slow capitulation bleed
If ripple didnβt win that judgement, weβd probably be much lower already, and now is the time where I think we start to trend down market wide
most smart money understand and believe that the real bull run is next year
Iβll talk about this on tomorrows Video, from what Iβve heard from my network and own experiences
YOUR OPNIONS ?
π₯3β€1
Listen up, you're a grown-Rich trader now. But if you don't even know how to read price action or analyze charts, what's the point?
Do you really think blindly following signals will make you rich? Hell no.
It's time to step up and learn. When you earn through your own knowledge, that's when you truly win.
Stop being dependent on others and take control of your own success.
VIPs Will Make You Dependent On Them
Dont Be A Dummy
Think & Trade
Do you really think blindly following signals will make you rich? Hell no.
It's time to step up and learn. When you earn through your own knowledge, that's when you truly win.
Stop being dependent on others and take control of your own success.
VIPs Will Make You Dependent On Them
Dont Be A Dummy
Think & Trade
β€4
BlockMap | Announcement
π Bitcoin Chart Analysis π Time Frame - 4 Hour (LTF) Bitcoin Price Action is happening as anticipated. Big players trying to grab buy side liquidity a little above previous Range low which took 5 attempts to break. Our first Short ask has been filled. β¦
#BTC hit TP1, 45%+ Profits with 20x levπ
Everything is possible in trading if you are following real expertsπ
Everything is possible in trading if you are following real expertsπ
π2
Binance - BTC Market
#WLD - Unusual activity
π10.03 BTC in 14 minutes (11%)
P: 0.00007464 βοΈ (1.47%)
24H Vol: 101 BTC
Last alert: 3 days ago (1/7D)
#WLD - Unusual activity
π10.03 BTC in 14 minutes (11%)
P: 0.00007464 βοΈ (1.47%)
24H Vol: 101 BTC
Last alert: 3 days ago (1/7D)