CRG Markets
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Daily analysis of Bitcoin, Altcoins and the wider market from MacroCRG on Twitter.
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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
Pls
Lose 1H 200EMA + opens the door to downside

But while its still holding as support I'm optimistic for ze poompa
With USA's complete 180 on crypto regulation / general tone towards it + ETH etf approved... I'm expecting another week of big inflows to the BTC ETF's as boomers fomo in

Just generally expecting $ to flock into crypto in the coming weeks
Ppl saying its bearish how BTC + ETH didn't move after all the good news last week, I disagree

I think the market was just in shock tbh

Takes a bit of time for entites to position themselves / digest it

Think BTC+ETH gonna get turbo bid soon
Holding longs btw

This move on BTC is impulsive af

All time highs incoming imo
$70k the level to hold

Break below maybe we get some fuckery

Holding my longs anyway as I think all time highs come soon