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📍Coin : #KITE/USDT

🟢 LONG

👉 Entry: 0.1259 - 0.1230

🌐 Leverage: 20x

🎯 Target 1: 0.1271
🎯 Target 2: 0.1283
🎯 Target 3: 0.1295
🎯 Target 4: 0.1308
🎯 Target 5: 0.1321
🎯 Target 6: 0.1335

StopLoss: 0.1190
$BTC MVRV Z-Score has not even reached the green zone yet.

Historically, that zone has been associated with bottom formation.

So I would not get too excited about this small $BTC bounce.

For now, the bigger picture has not changed - we still expect more downside during Q3.
How did the market react after PPI releases this year?

January 14 - $BTC -12%
January 30 - $BTC -29%
February 27 - $BTC -7.7%
March 18 - $BTC -12.9%
April 14 - $BTC +12.3%
May 13 - $BTC -27%
June 11 - $BTC +9.3%

In almost every case, except April, inflation came in above or significantly above expectations, and the market reacted with a sell-off.

The only real exception was June, when $BTC moved higher instead.

So PPI remains one of the key macro events to watch, especially while the market is still sensitive to inflation data.
80% of blockchains are basically empty shells.

Research shows an interesting statistic: 4 out of 5 blockchain startups raise between $50M and $100M by promising airdrops, but then eventually collapse.

The real activity inside these networks is minimal.

Many of them generate only around $10-$100 in daily revenue.

And that raises a serious question: does it even make sense to invest huge amounts of money into projects that have almost no real
usage?

In this market, hype can still raise capital.

But without users, revenue, and real demand, most chains eventually turn into ghost towns.
This is what the top 10 most expensive airdrops would look like if you never sold.

The most valuable one by current valuation is Hyperliquid, sitting at almost $20B.

That is around 10x from its TGE.

But the interesting part is that almost every other project on the list is now worth less than it was at launch.

Also worth noting: 6 out of the top 10 projects are DEXs or perp-DEXs.

So the pattern is pretty clear - real trading volume and revenue still matter more than just airdrop hype.
$ETH is facing strong resistance right now.

The bounce looks nice, but do not forget the bigger picture.

We are still in a bear market, and moves like this can easily turn into another rejection if buyers fail to break through key levels.

So for now, I would not rush into euphoria.
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$BTC is copying the 2018 cycle.

The chart structure looks very similar to the previous bear market cycle, but with lower volatility.

Slow decline, capitulation, and then the expected recovery before a new bullish cycle begins.

Reminder: we still expect the end of the bear market somewhere around October 5-15.

So the risk of another sharp move down is still very high.
$BTC bear markets usually follow a painful pattern.

A July top, followed by another 15%-30% drop.

That is the scenario I am watching right now.

The market can still bounce, squeeze shorts, and create temporary bullish sentiment, but the bigger structure has not changed yet.

If this bear market continues to follow previous cycles, the real danger may come after the July high.
An a16z-linked whale has reportedly been unloading $HYPE for two days straight.

So far, the wallet has sold around $28.4M worth of tokens.

That is not a small amount, especially for a token that has been one of the strongest performers in the market.

Now the question is whether this is just partial profit-taking - or the start of heavier distribution from large holders.
Old Bitcoin wallets are waking up.

Over the past 365 days, long-dormant wallets have moved 144,470 $BTC after at least 7 years of inactivity.

That is a serious amount of old supply coming back to life.

Some of these moves may simply be wallet rotations or custody updates.

But when coins that have been untouched for years start moving, the market always pays attention.
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💎#SOL

SOL is moving within a bearish formation. It has now reached the upper boundary of the channel, from which I will be waiting for a correction and a move toward the lower liquidity pools.

Entry: 77.79
📈 Targets: 77.01, 75.31, 72.20
📉 Stop loss: 80.57
US-Iran escalation is gaining momentum. What comes next?

The weekend was relatively calm for the market.

$BTC even moved a bit higher, reached our $65K resistance zone, and then pulled back today.

As usual, we used that volatility in Alpha, built a strangle setup, and locked in 40%.

Memes were not very active this time either. No strong runners, just a few isolated low caps moving here and there.

Crime setups also slowed down a bit, but we still managed to catch our move on AKE intraday.
At the same time, the Iran narrative is slowly getting worse in the background.

Oil is rising, and most likely the escalation will keep intensifying. Especially now that the World Cup is over, Trump has a bit more room to act.

Still, I do not think we are going straight to break the lows in the near term, even with the geopolitical pressure.
More likely, $BTC continues moving inside the $60K-$65K range, with sharp moves in both directions.

Another point in favor of this: historically, during bear markets, July has usually been allowed to close green.
So for intraday traders and scalpers, there is still enough work to do.

For everything else, we keep watching the market and reacting only to the setups it gives us.
What do you think about these Tron stats? 👀

• Total accounts on the network - 394M+
• Active accounts - 4.6M

Tron remains one of the most used blockchains in crypto.

Most people use it simply for $USDT transfers, mostly out of habit, even though faster and cheaper alternatives have existed for a long time.

And this is exactly why Web3 still has massive upside.

Even among people who already use crypto, most are only using a very small part of what the industry can actually offer.
💎#ETH

ETH is currently consolidating, and we are at the upper boundary. I expect to see a pullback move.

Entry: 1947
📈 Targets: 1927, 1892, 1832
📉 Stop loss: 2005
No major market updates for now.

Locally, nothing has really changed since yesterday. We are still working selectively across alts and crime setups.

Globally, the market is still in the bottom formation phase. And here is another interesting pattern that repeats in every bear cycle: the chart above shows the LTH/STH Realized Cap Ratio - the ratio between the realized cap of long-term holders and short-term holders. When this ratio rises, it means more supply is moving into the hands of LTH.

Every bear market follows the same logic: weak hands, or STH, capitulate and panic-sell their $BTC, while strong hands, or LTH, do the opposite - they accumulate during fear and sell much closer to market highs.

This is not just about on-chain data. It is also about psychology, both at the individual level and across the entire market. That is why we keep seeing the same cycles repeat again and again, whether it is crypto or traditional markets.

So if you are looking at the chart right now and feeling afraid to buy $BTC for the next cycle, just look again at the stage where smart money usually starts accumulating it.
HYPE is in profit here too. 😁

The chart above shows the unrealized profit and loss of the largest corporate crypto holders.

And so far, the only ones sitting in profit are those who accumulated $HYPE.

Once again, Hyperliquid is standing out while most of the market is still under pressure.
Blockaid detected a ~$24.15M $USDC exploit on AFX.

AFX is a third-party bridge protocol built on Arbitrum.

Important detail: Offchain Labs co-founder Steven Goldfeder said the native Arbitrum bridge itself was not hacked or exploited.

The team is now investigating what happened.

So for now, this looks like an issue with a third-party bridge, not the core Arbitrum bridge infrastructure.
No major market updates for now.

Locally, nothing has really changed since yesterday. We are still working selectively across alts and crime setups.

Globally, the market is still in the bottom formation phase. And here is another interesting pattern that repeats in every bear cycle: the chart above shows the LTH/STH Realized Cap Ratio - the ratio between the realized cap of long-term holders and short-term holders. When this ratio rises, it means more supply is moving into the hands of LTH.

Every bear market follows the same logic: weak hands, or STH, capitulate and panic-sell their $BTC, while strong hands, or LTH, do the opposite - they accumulate during fear and sell much closer to market highs.

This is not just about on-chain data. It is also about psychology, both at the individual level and across the entire market. That is why we keep seeing the same cycles repeat again and again, whether it is crypto or traditional markets.

So if you are looking at the chart right now and feeling afraid to buy $BTC for the next cycle, just look again at the stage where smart money usually starts accumulating it.
$BTC has a very important resistance on the weekly timeframe.

The key level is the 21-week EMA, which is currently located around the $70K area.

What makes this zone even more important is that it matches my $69K-$71K resistance
area on the daily chart.

So if Bitcoin continues this move higher, that range will likely become the main test for bulls.