Chille Analysis
the reason for the drop seems pretty clear here. the weekly is a key resistance for long-term bullish continuation, and getting rejected here naturally leads to seemingly endless downside.
i feel like the price will turn positive again sometime in november.
❤14
the amount hacked from binance is huge for the crypto sector, but bybit also suffered a $1.4b hack in the past and resolved it without any major issues. binance should be able to handle this as well, so let’s not worry too much. short-term volatility is normal, and a pullback was already expected on the chart. this incident may explain why it happened.
❤16👍3
$BTC update
we expected a move towards 75k if 81k was lost. it hasn't been tested yet, but we're getting very close.
i think a break below 75k is unlikely given the daily kumo support.
price should start bouncing back soon, staying patient and watching how it plays out.
we expected a move towards 75k if 81k was lost. it hasn't been tested yet, but we're getting very close.
i think a break below 75k is unlikely given the daily kumo support.
price should start bouncing back soon, staying patient and watching how it plays out.
❤10👍5
Chille Analysis
$ETH daily $btc closing below 81k on the daily increases the odds of short-term downside. 2150 is a strong support. if we test it, a bounce is highly likely. weekly/monthly still bullish, so i’m not worried about short-term weakness, but always keeping…
$ETH
2180 was tested and we got a slight bounce, but with the hack situation in the headlines, we have to stay cautious. still think btc going below 75k is highly unlikely, but if 75k gets tested, eth could dip further, maybe to 2100-2000
2180 was tested and we got a slight bounce, but with the hack situation in the headlines, we have to stay cautious. still think btc going below 75k is highly unlikely, but if 75k gets tested, eth could dip further, maybe to 2100-2000
❤11👍4
$TOTAL CRYPTO Daily
it needs to hold above 2.53T and start reversing here. if it drops lower, i’ll have to reassess the entire market.
it needs to hold above 2.53T and start reversing here. if it drops lower, i’ll have to reassess the entire market.
❤8👍8
Chille Analysis
$ETH daily $btc closing below 81k on the daily increases the odds of short-term downside. 2150 is a strong support. if we test it, a bounce is highly likely. weekly/monthly still bullish, so i’m not worried about short-term weakness, but always keeping…
X (formerly Twitter)
Chille (@Chille) on X
$ETH daily
in my last eth post, i mentioned a potential bounce from the support level i had marked. and that's exactly what happened.
if you've been following my updates, you know i've remained…
in my last eth post, i mentioned a potential bounce from the support level i had marked. and that's exactly what happened.
if you've been following my updates, you know i've remained…
❤8👍4👀1
Chille Analysis
$BTC update we expected a move towards 75k if 81k was lost. it hasn't been tested yet, but we're getting very close. i think a break below 75k is unlikely given the daily kumo support. price should start bouncing back soon, staying patient and watching…
X (formerly Twitter)
Chille (@Chille) on X
$BTC
i don't like trading emotionally. when btc was around 82k, i mentioned that a daily close below 81k could send price down to the 75-76k zone.
honestly, unless something seriously negative h…
i don't like trading emotionally. when btc was around 82k, i mentioned that a daily close below 81k could send price down to the 75-76k zone.
honestly, unless something seriously negative h…
❤8👍3👀1
$BTC
update
75k got retested a few hours ago and price bounced hard all the way to 79k.
now you can see firsthand how strong of a support 75k really is.
update
75k got retested a few hours ago and price bounced hard all the way to 79k.
now you can see firsthand how strong of a support 75k really is.
❤24
price dropped to 75.5k and bounced, but still showing bearish moves. a brief dip below 75k is possible. don’t panic.
❤21👍7
ai companies have seen a sharp imbalance: a rapid rally followed by an equally sharp decline. despite strong underlying demand and value, any rebound is likely to be weaker than expected, with limited upside and continued volatility. expecting a quick recovery is unrealistic.
👍11❤6
Chille Analysis
price dropped to 75.5k and bounced, but still showing bearish moves. a brief dip below 75k is possible. don’t panic.
i mentioned the possibility of another drop when price was around 81k, and that's exactly what happened, only harder than expected. i'm watching 72k as support now and expecting price to range between 72-75k. volatility is normal and was already expected. i mentioned in tg a few days ago that 75k was weakening and that there was no need to panic if it broke. these volatile moves will likely continue until btc breaks 81-83k. weekly and monthly charts are still bullish, so i remain bullish as well. short-term downside is completely normal to me.
❤16👍3