Morning! Today the market is looking red and the has yet to hit the consolidation phase, we are still in the bearish run and I don’t know for how long. BTC seems to find some strong resistance zones but it doesn’t reverse a lot rather it makes new highs that are latter formed into a bearish BoS.

🔴Fear/Greed-49

Hey! Today the crypto market is looking red the same as it's been looking for the last week. In the next few days we might see a little pump in the market but I would suggest that the market will stay red at least until September because of US interest rate cuts or it will stay red until the elections. Also broadening the markets we look into, the stock market is on the verge of crashing, most of the stocks and commodities have hit close to or all time highs so we should expect a dump that we can already see in Tesla or SPX. Another indicator to the stock market crash is that all the major companies like Blackrock and Berkshire Hathaway are dumping their stocks. Specifically Berkshire Hathaway has already accumulated 277 billion in sold stocks.

🔴Fear/Greed-48

Let’s talk about my trades, first of all BTC. Right now BTC is in a very important resistance area because if BTC breaks that resistance level then the closest next resistance at 52000. Right now I am just speculating, I don't want to enter any trades in BTC before it either hits 52000 and then I will long or 70000 and then I will short.

Let’s talk about my trades, after we talked about BTC let's look into ETH. ETH has just hit a very strong resistance zone that has been retested 9 times before and the price has bounced of it every single time so we have all the technicals needed to enter but as we know in crypto everything tends to follow BTC and since BTC doesn’t look bullish the technicals in ETh might not be enough.

Hey! Today starts the new week of crypto and the market is going crazy, BTC has hit below 50000 and ETH has hit around 2000. The main reason for that is Japan increasing its interest rates from zero to 0.25%, so now all the Japanese stocks are being dumped and the USD/JPY pair is also dumping. Today the FED is going to have a conference with Japan about their interest rates which would be our last hope for a reversal before september.

Fear/Greed-31

Hey! Today the market is back up, BTC pumped from 50000 to 55000 and so did all the alts. I currently don't have any information about the FED conference with Japan but I would guess it was successful for the FED since the crypto market is up and all the whales are reinvesting back into stocks.

Fear/Greed-34

Hey! Today the market is still green and BTC is close to hitting 58000 which is a strong resistance zone. Also in the past two days we can see that BTC and the whole market has built up a lot of liquidity and it's about to be taken out forcing a reversal and BTC going even lower.


Fear/Greed-43

The market is looking bullish, the btc price is getting pumped up before the elections but I am still expecting a drawback to at least 68000 or even 66000, it will be clearer once we get closer to the elections. Also there is some major news on Tether being that Tether are under legal pressures which might turn into sanctions. Tether getting sanctioned could massively impact the crypto market especially during the elections.

🟢Fear/Greed:54

Some articles to read the situation with tether.

-Tether Reveals Company Asset Reserves Amid Scrutiny

-What’s Backing USDT? Tether CEO Unveils Massive $100B in Reserves Amid Allegations