It looks like $BTC has found a local top around $96k–98k.

However, $ETH still looks bullish, both on its own and against Bitcoin.
The Solana ecosystem and a few other alts could also see further upside.

Have a great weekend!

$SOL update

$170-200 should be next.

If $BTC stays above 93k and ETH/BTC breaks the 0.0194 resistance and does something like this, then altcoins could have a very strong final leg up.

GM!

Altcoins pumping, and ETH/BTC trying to break resistance.

Some altcoins are approaching resistance zones / targets.

I'm starting to take some profits here.

25% TP’d. Just trailing the stop on the rest in case it goes higher, which is definitely possible.

$ETH update ✅

The $1,500 support held and price has now reached the resistance zone of $2,000-2,300.

Expecting a local top formation here and then a strong bearish move.

$SOL looks ready to reach the main target of $170-200, outperforming BTC. The Solana ecosystem should keep going up.

Same plan for $ENA. Short-term target remains $0.50-0.55.

Current situation

Analysis has been playing out as expected. Very strong bullish move.

• $BTC reached $98k and went even higher (deviation above probably)

• $ETH has reached $2,300

• $SOL is also at the $170-200 main resistance

• #Altcoins have pumped 30%-100%



What now?

I'm taking more profits here. 50% TP'd already.
Reversal should be strong.

Could be. Could be...

$RENDER update

Many have been asking for this, so here it is.

Not much has changed, to be honest. It reclaimed the key $4.25 level, and as long as it holds above, the main target at $6–7 remains in play.

Even if some alts could still go higher, my plan after taking 50% profits here is to start building a full hedge position over the next few days, starting now, in preparation for a potential capitulation event (black swan) later this month.

https://x.com/CryptoCapo_/status/1921470705658470712


GM

Sticking to my plan. I've been increasing my hedge position to reach the point where I'm fully hedged now.

Have a great Sunday!

Lots of reasons to believe this was just a strong dead cat bounce, as expected since March.

We caught the move. Now, taking profits and hedging the rest seems like the best decision, in my opinion.

We still need confirmations (for $BTC it would be below $93k), but if the idea plays out, this move should be fully retraced.

Many ask what could trigger such a strong capitulation event. There are several possible scenarios, but the outcome would likely be the same.
Remember: first the chart, then the news.

I’ll share more details this week.

$SOL update

$170-200 target was reached.

Now bearish.