Chris on Crypto Open Channel
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News, ideas, charts, deals.

It's GO time.
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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.
Notgreat losing Mon. open. But nothing has really changed. Expecting continuation up here, or slightly lower.
https://www.tradingview.com/x/3YSHwYeA/
Wouldn't surprise me if we see a bart up by the end of the month and a big green spike in liquidations.

https://coinalyze.net/snapshot/gD6K3ZeB
Big liquidation spike. Want to see this H4 close above 21.4k (47min). Otherwise door for 20.6k wide open.

https://coinalyze.net/snapshot/gFaqKkzT
Nothing is off the table right now. No reason to get overly bearish, even if price briefly makes a lower low at 20.6k. H4 closed bearish, but I find it hard to believe we keep seeing long liquidations at this scale without taking out the original dump inefficiency above 22.2k.

https://coinalyze.net/snapshot/e8-sgfef
core pce 4.6% vs expected 4.7%. good for risk.
Getting impatient but 22.2 - 22.8k is just a matter of time. It's going to happen. Either we get the deviation to 20.6k first (less likely now) or we just send this thing pronto.
LTC/BTC waking up. I stacked some more over the last day or so. Targeting .003 (thereabouts).
Eventually will have to transition from the world of bits to the world of atoms. Right now, the crowd increasingly thinks the world of bits *is the future*. I think progress in the world of atoms will be far more interesting in the next couple of decades. Terraforming - agriculture - space exploration - deep water exploration. That's infinitely more interesting than VR in your bedroom. It's a good thing entertainment has become so cringe across the board. Now we'll have to focus on more important matters. Peter Thiel is a big inspiration.
"There's a way in which extreme optimism and extreme pessimism cash out the same way because they both tell you that individual action doesn't matter.

If you're extremely optimistic all the problems will take care of themselves - there's nothing you need to do. If you're extremely pessimistic we're all going to hell in a hand basket - there's nothing you can do. But they can both double up as ideologies for rationalising laziness and inaction. I often think the healthy thing is to say we can't be sure and maybe it's somewhere in between.

We should always believe in the indomitability of the human spirit and human action."
- Peter Thiel
Bulls losing.
Looking for the nuke first. Above Mon. open and I'll look for continuation. Not the best conditions tbh. It's all just MMs

https://www.tradingview.com/x/3fBsBXSA/
A fresh low + bounce over the coming H4 candles would create an RSI bull div. on H4.