A Decisive 10 Days for the Market?

We’re in the midst of a full-fledged on-chain season, both on BNB and Robinhood. A huge number of early-stage projects with strong metrics are launching literally every day—it’s even somewhat reminiscent of the vibe of the AI season in ’24–’25.

We’re currently actively trading altcoins, which have seen a small influx of liquidity from BTC. This explains the surges in ZEC, ARB, UNI, WLD, XMR—the list goes on. The main thing is that there are so many setups it’s hard to know where to look—exactly what we were expecting from the fall. There’s also plenty of scalping, FX, and other trading opportunities 🆗

As for BTC, we continue to trade within a range between two large liquidity clusters at $75k and $83k. So right now, predicting where the price will go is like shooting in the dark. We need to wait for a breakout from one of them and then watch for the reaction.

Plus, this week—on Thursday and Friday—we’ll see inflation data, and next week brings the vote on the Clarity Act and the Fed’s rate decision. Market volatility is guaranteed, and these next 7–10 days will likely determine the market’s future direction for the coming weeks or month.

600 BTC mined in 2010, worth around $48M, just moved after 16 years of dormancy, with no link to Satoshi found.

4,000 Bitcoin worth $320 million withdrawn following Liquid Network hack.

The hacker is now communicating with network maintainers through on-chain Bitcoin transactions & intends to return the $BTC after the vulnerability is fixed.

🇺🇸 President Trump says Bombardier will no longer be allowed to sell in the U.S. unless Canada opens its market to American banks, companies and Gulfstream Aerospace.

🤬 Getting ready for another cash grab?

The market is active, even despite a slight slowdown in the major coins. Altcoins, on-chain activity, BNB season—the momentum continues.

But there’s a feeling that the end of BNB season is already on the horizon, just like it was a year ago.

On top of that, Biden’s son is launching his token tomorrow. And here, CT has more negatives than positives, even on Base… Everyone remembers the TRUMP case and is expecting a similar cash grab and a liquidity drain from other memes.

By the way, for those who lost money on the TRUMP token—they’re promising some kind of airdrop 😁

All in all, we’re living in interesting times, when the presidents of the most influential country are going head-to-head with memes in crypto. Tell that to any crypto enthusiast from 5 years ago—they’d have tapped their temple in disbelief.

In any case, we’ll keep an eye on things and look for setups for ourselves. For those with little experience in on-chain analysis, we recommend skipping this whole thing altogether, because the risk-reward ratio isn’t in your favor here, and the chance of becoming exit liquidity is very high. It’s better to save that cash and set it aside for future setups or invest in yourself 🧠

👀 Short-term whales currently have $9.07 billion in unrealized profits.

To put that into perspective: the last time this happened was in 2016.

Will they be allowed to keep holding onto these positions, or will the market crash and force them to sell?

Fox News says passing major laws like the Clarity Act just before US midterms is extremely rare.

💩 LAPTOP -99%

Overall, this was to be expected: everyone who bought at the launch (except for a couple of scalpers) is now in the red.

Forget about trying to “buy the dip”—the upside is just going to keep falling and falling.

Because they came up with a sneaky loophole with their Substack subscription, handed out billions in airdrops to themselves, and are pumping it nonstop.

On the bright side, this hasn’t affected liquidity in the crypto market at all. No one has rushed en masse to dump their altcoins and stablecoins into this rag, as happened with TRUMP. It’s just another pump-and-dump on the market.