CRG Markets
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Daily analysis of Bitcoin, Altcoins and the wider market from MacroCRG on Twitter.
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CRG Markets
This box should hold
Box holding so far

We're also at the EQ of the entire range

USD dumping + ES seems strong, as long as this doesn't change I think targeting range high is solid. Flip range EQ as support then looking to range high is standard range rules
Can't rule out another poke down but I'd say wider market needs to shit for this to happen
Surely BTC gonna catch up to EURUSD today
ES bouncing hard pre market
Wild how IBIT had $88M inflow yday

When BTC nuked nearly 6% from high to low
Good coinbase spot bid rn
Bullish wider market

Blackrock still buying yday

Boomers fomo'ing today after ETH ETF approved

Wanna see a full send that will shake the soul of every bear on earth now, no prisoners

Daily open needs to be flipped to support first tho
We nearly got a spot premium again

Let\s hope the coinbase buyer keeps going
Binance spot bidding too
So
So far so good bros LFG

This resistance zone is huge tho
The way alts are trading

Feels like king BTC about to smash into price discovery and suck liquidity from everywhere

Might be being a bit optimistic though, needs to take out $70k / the zone above first
To be a bit more precise

This level here (i.e. the point of breakdown) is key

Smash above with confidence would be insanely bullish
Sellers defended resistance on the first touch

No real rejection though its just consolidating
Coinbase been bidding spot all day
Chop around here for a bit then all time high next week?

I am manifesting this into existence

Have a good weekend fam
Thoughts here

We could absolutely take these lows out, its a possibility

But I'd put a higher probability on them getting front run

https://x.com/MacroCRG/status/1794363825921151171
Federal Reserve's treasury buyback program starts tomorrow

Improving liquidity in the treasury market

Will be a positive for BTC
BTC got 9 unswept highs above

Mf'in 9

Manifesting an impulse to take em all out this week
ETH looks bullish af no doubt about that

But an argument could be made that its rangebound, within the ETF day's range

Doubt we go anywhere near the bottom of it tbh, not even the EQ of it, but not impossible

More likely price just ranges for a bit to build up steam/short interest

4k is the level to break, when that goes ETH gonna teleport

Dips are for buying