This also looks like a bull trap, in my opinionβbasically the same pattern theyβve been pulling these past few days.
Stay safe.
Stay safe.
π699β€349π205π₯80
When I talk about a 20%-40% drop, Iβm referring to an average scenario. Hereβs the breakdown:
-BTC usually drops the least. In this case, it might see around 15%-20% (targeting $80kβ$85k), though Iβm not ruling out a lower wick.
-Altcoins could drop 20%-40%, with stronger ones correcting around 20%-30% and weaker ones around 30%-40%.
-Memecoins, once again, might be the most affected in this second shakeout, potentially dropping 50%-60%.
And yes, nobody wants this scenario, but itβs not about what we wantβitβs about what the market gives us. Adaptation is key.
In any case, let's see how it plays out.
Stay safe and enjoy the weekend!
-BTC usually drops the least. In this case, it might see around 15%-20% (targeting $80kβ$85k), though Iβm not ruling out a lower wick.
-Altcoins could drop 20%-40%, with stronger ones correcting around 20%-30% and weaker ones around 30%-40%.
-Memecoins, once again, might be the most affected in this second shakeout, potentially dropping 50%-60%.
And yes, nobody wants this scenario, but itβs not about what we wantβitβs about what the market gives us. Adaptation is key.
In any case, let's see how it plays out.
Stay safe and enjoy the weekend!
β€828π432π275π₯147
Potential quick 5% pump, followed by a strong dump (bull trap).
BTC could reach 100k. ETH 3k. Then down.
BTC could reach 100k. ETH 3k. Then down.
π628β€228π160π₯86
So the current plan would be:
β»οΈ 5%-10% quick pump (bull trap) β soon
β»οΈ 20%-40% drop (second shakeout) β next few days, probably this week
β»οΈ Altseason (epic) β after the second shakeout
β»οΈ 5%-10% quick pump (bull trap) β soon
β»οΈ 20%-40% drop (second shakeout) β next few days, probably this week
β»οΈ Altseason (epic) β after the second shakeout
β€723π439π₯220π184
I've just taken profits of my hedge position. I will reopen it again if we see a pump from here.
β€378π200π145π₯68
CryptoCapo TG
Short squeeze incoming.
The target for $BTC should be $101kβ$103k, as shown on the chart above.
Some solid short-term long opportunities for altcoins, but also risky. My plan is to reopen the hedge position again if we see that pump/short squeeze/bull trap.
Some solid short-term long opportunities for altcoins, but also risky. My plan is to reopen the hedge position again if we see that pump/short squeeze/bull trap.
β€337π150π115π₯54
CryptoCapo TG
$ENA update It reached $0.55 and bounced from there. Now it got rejected again. Next support could is around $0.40. This doesn't change the plan for a new ATH in the next few weeks. Check out the potential roadmap on the chart.
$ENA update
It has reached the main support of $0.40
It should bounce from here.
Updated roadmap on chart.
It has reached the main support of $0.40
It should bounce from here.
Updated roadmap on chart.
β€407π177π144π₯89
CryptoCapo TG
Short squeeze incoming.
Short squeeze playing out. It should keep going up.
β€522π196π148π₯75
You can try to copy someone's style, but you can never copy experience, inner intuition and values. Those are hard-earned skills, and some of them even come from a higher place.
β€1.02Kπ349π224π₯166
CryptoCapo TG
Short squeeze incoming.
Short squeeze is not over yet, imo. This is just a short-term pullback due to Bybit's hack.
$BTC should still reach 100k-102k.
$BTC should still reach 100k-102k.
β€493π250π150π₯99
CryptoCapo TG
The market should bounce from here.
Market bouncing β
I'll be off the screens until alerts get triggered, meaning a target or invalidation level has been reached.
Have a great weekend!
I'll be off the screens until alerts get triggered, meaning a target or invalidation level has been reached.
Have a great weekend!
β€725π278π221π₯98
CryptoCapo TG
Short squeeze incoming.
The real short squeeze hasn't happened yet. Soon, in my opinion.
π767β€276π219π₯116
Plan for the next few weeks:
$BTC: $94,000 (current price) -> $100,000 (bull trap) -> $80,000-85,000 (big shakeout) -> New ATH
$ETH: $2,650 (current price) -> $3,000-3,100 (bull trap)-> $1,800-2,000 (big shakeout) -> New ATH (altseason)
$BTC: $94,000 (current price) -> $100,000 (bull trap) -> $80,000-85,000 (big shakeout) -> New ATH
$ETH: $2,650 (current price) -> $3,000-3,100 (bull trap)-> $1,800-2,000 (big shakeout) -> New ATH (altseason)
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