Nice H4 close at 21.4k. If you believe in the melt-up scenario, we're very close.

Funding turned positive on that up move. not ideal. Really want to see price clear 21.5k, otherwise nuke potential is still quite high. Want to see shorts feel the heat..

LTC/BTC continues to show strength at the 200-daily ema. Positive data considering BTC/USD's poor upside performance relative to say, eth or stocks.

https://www.tradingview.com/x/afftN0cY/

Price still hasn't broken down. Origin of the impulse gets taken out soon imo

https://www.tradingview.com/x/tpntOBDE/

Glory will find us on the battlefield.

https://open.spotify.com/track/5E5NiRzaBqpDCxsDiX8cji?si=c9c66aa6973941f2

Album link. Majestic. 😊

https://open.spotify.com/album/5n0srIifa1ySarZhCYihca?si=90NYQJVDRvWO76Ln5R6Z2w

No wick to the downside would not surprise me. Traders expecting to get the perfect break-down fake-out + reclaim but in a period of negative funding with a big downside inefficiency overhang above us, there's no need to breakdown. Just pump.

Likes & retweets appreciated

Newsletter reaching your inbox shortly.

Binance funding flipped negatory. I am at my limit (exhaustion not frustration). I need to learn how to take long breaks if I'm going to survive in this business for a few more years (with hair).

Imo ETH/BTC is a really simple trade for now. Until there's "flippening" hype just find levels of interest to bid. When it happens (if it happens but let's assume it does) just nuke it and don't look back until the dust settles - might be a few months.

Worst case scenario you now have the 'second best asset' in crypto -big deal. Best case (and most likely) scenario you just added more to your btc stack.

LTC/BTC strength gives me confidence that this rally is not over. It's really that simple. We don't really see ltc/btc strength like this (hugging 200-daily ema) unless there's a strong bid. During the btc/usd nuke we saw the beginning of strength because funds were insolvent and turbo offloading their btc collateral which ltc was not part of. SEE? LTC has 2 USES NOW.

whaleportal dashboard. Don't use it too often but sometimes funding rates are different across data aggregators so it's worth cross-referencing.

Daily heikinashi flipped positive yesterday. Good morning.

https://www.tradingview.com/x/oh9rfDed/

Number go up day.

Most important resistance to overcome is this quarterly vwap around 22.1-2k. Above mon. open and upside more likely imo.
https://www.tradingview.com/x/zG2e1jhs/

PCE data out tomorrow. Apologies in the newsletter I said 'secondary' measure. My mistake. Fed considers PCE as primary measure not CPI.