It was manipulation,,,, The candle didn't close below the support, let's see the weekly closing... I'm LONG on BTC. #NFA

1. BTC hash rate is too low, For the first time since the FTX crash, the hash rate has come down so much. Historically, every time the hash rate has dropped significantly, Bitcoin has experienced a major pump.
2. Large Holders Netflow is positive. Massive buying from 3 july till now..
3. Fear and Greed index is on fear side. (good for buying)
4. TA wise positive from my side.

As i said, it was manipulation 👍…

Long ondo

This monthly candle indicates potential weakness among buyers. If this structure plays out, the market could experience a significant downturn.

Now, observe that the January 2024 monthly candle also indicated similar buyer weakness. However, the market went on to experience a 70% rally. Following the pump, the market retraced to retest that level and subsequently delivered a 120% rally.

How would you approach this? Let’s evaluate: If Bitcoin breaks below this support level ($90k arera), and the full body of the candle closes below it, followed by subsequent candles also closing below the support on the weekly timeframe, the market is likely to dump. However, keep in mind that a candle wick below the level won’t confirm the breakdown; that would be a fakeout. For a valid confirmation, the weekly candles must close below the support.

It’s also possible that the market breaks below on the daily timeframe but then bounces back upward. To avoid such scenarios, we require a weekly confirmation. While historical data suggests that the market is more likely to move to the upside, we must consider all possibilities to minimize potential losses.

Bitcoin has more than 24 hours remaining for the weekly candle close. Last week, a similar situation occurred where the market initially moved down, but Bitcoin managed to close the weekly candle strongly.

If Bitcoin closes above $89K and remains within the current range, this could open the possibility for higher levels. However, if Bitcoin continues consolidating around the current price (below $89k), the market may drop below $75K.

Based on this analysis, avoid taking direct long or short positions without confirmation. If you are considering a short position, a key scenario to watch is the $85K - $83.5K zone. If this area gets consumed, a short position can be planned, as there is a significant amount of sell-side delta trapped in this region. If the market moves downward, these trapped sellers will get activated, potentially driving the price down to $70K. Always wait for a trend shift on lower timeframes before executing trades.

$77870 Area is an interesting one. Old sellers were trapped here and price didn't go to much down and is now approaching that level from bottom. Did those sellers open more shorts or will get manipulated. Soon to be revealed.

Based on this, it may be wise to start allocating small amounts into selected altcoins where prices are near support levels. If you already hold positions, it’s better to wait and look for dips to average in further. It’s important to note that not all altcoins will experience equal corrections for only a few might drop significantly based on their technical positioning. If you’re using high leverage (above 10x), it’s advisable to reduce or manage your risk, as volatility can lead to quick liquidations. On the other hand, those with low leverage or spot positions can remain more relaxed and manage their entries patiently.

Good numbers of Buyers stepped in area around 1-2 ($98500 -99500), this can be used as a scalp long area with Market Structure knowledge #NFA . Closing in Daily above are 3 ( $104000) would be a bullish sign.

BTC quick scalp.
Entry current price
SL: 109.5k
TP: 108k, 107.2k

Buy APT again average out.. lowest price.

Must Accumulate LDO, sushi, apt for Swing trade
You’ll never see this price again.., take advantage of this price..
LDO at 0.85
Sushi at 0.72
Apt at 4.07 craziest

Im already long on sushi and ldo.. so not taking any entry here