Current review on BTC 💰

Friends, today I decided to make a small review on BTC for you, as now we are near one of the key points. Namely near the level of $44.350.

🔤 During yesterday's day Bitcoin showed good growth and today the price went into consolidation. If we consider yesterday's day, the price grew up to $44k, almost touching the level of $44.350, which we expected, and after that there was a small pullback down. Now the price is on its way to do a retest of the level and this gives us a strong signal that we may go even higher soon.

It seems that BTC may continue the classic upward trend. Its essence is that the asset grows sharply at first, then goes into consolidation for a certain period of time and then continues to grow again. This strategy can be used for almost all assets during a bull market.

📍At the moment my team and I are following the level of 44.330$. This is the key point to pass for further growth. Our opinion is that after breaking through it, the price will impulsively go to 48k, and after that you will see a reversal (at least locally).

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400% growth in 2 months - Solana 🪙

Hello friends. Today we will talk to you about one of the most popular topics in recent times, namely the Solana project.

If you follow the market, you have definitely observed how SOL has grown from $25 to $100 for the last two months. But what is the reason for this growth?

🔤 Over the last month, there has been a lot of activity on this blockchain, with many NFT collections and meme coins starting to appear on Solana. For example, a couple of days ago, just for one day in the Solana network there were more than 5000 new tokens issued. 99.99% of them are meme tokens and other scam. Hence the growth is coming from here.

By the way, on November 4 (SOL was worth $42 at the time), I wrote a post about this blockchain and said it was still very promising. My quote: "Personally, I have this token in my portfolio. I believe that this project can show at least 3X in the next bull market." But to my surprise, the post happened much earlier.

📍If you have this token in your portfolio now, I advise you to sell part of your position now and lock in profits (I sold about 50%).

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My expectations for Q1 2024 📈

The entire financial industry is built on selling expectations and illusions

📊 It is on expectations and discounting that markets are rising today. And the more positive facts appear, the more likely a correction will occur. Right now, the market has already priced in optimistic expectations from:
a) ETF approval in January
b) Fed rate cut in March 2024
c) halving.
As soon as we face the facts of these events → we will fall.

The uptrend will continue as long as expectations are dominated by a share of positivity. In my opinion, the price ceiling for the next 2 months is $55,000. The lower boundary is the range of $29,000-32,000.

• The upper boundary should be strong enough to reach, as the budget for marketing promotion of ETFs by financial giants has not been spent in full yet, which means that infopods on this topic will continue to push the market.

📍Conclusion - I keep the tactics of buying after the fall. I am waiting for the zone of interest, from which risk/reward suits me. I don't want to think about the button "big short" until touching the levels of $55.000. Not all the factors have been formed for the markets to turn downward, so I am working on the trend.

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I bought a new token for my portfolio - CETUS 📦

Friends, hello everyone. Today I decided to talk to you about the altcoin season and one new token, which I chose for investment.

🔤 I believe that there is still time to grow altcoins and we still have the opportunity to get conservative x2-x3 with the trading idea I will write below. I will describe the growth triggers that I am considering.

I bought one interesting coin - CETUS. It is a top-1 DEX (decentralized exchange) on the SUI blockchain. Its TVL = $40m$ and m.cap = $7m$. I think the numbers speak for themselves here + I think SUI hasn't said its last word yet and soon the price will be in the 0.8-1$ zone. This will of course have a positive impact on tokens of its ecosystem.

❕ With all these arguments, I naturally admit that we can all easily end up below the current price values. That's why I leave a small liquidity reserve for one buy averaging at -30-50% of the buy point.

Will you be buying this token?

🔥 - Yes
🧐 - No

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Overview of tier-1 fund - Polychain Capital 📦

Friends, earlier post with a review of one of the top crypto funds Paradigm. I see from the reactions that you liked this post, so I decided to continue this column. Let's take a look at a new fund!

⚫️Polychain Capital is a Tier-1 fund specializing in the cryptocurrency and financial technology sector. The exception is projects related to the environment. For the most part, the VC invests in the following sectors:
• DeFi - 31.7%.
• Blockchain Service - 24.4%.
• Blockchain Infrastructure - 21.3%.
• CeFi - 9.8%.
• Social - 6.1%.
• NFT - 2.4%.
• GameFi - 1.8%.
• Stablecoin - 1.2%.
• Currency - 0.6%.
• Other - 0.6%.

The company was founded in September 2016. The funder is Olaf Carlson-Wee. You can follow him on Twitter (X).

🥅 The company currently manages about $2.6 billion in assets and has five functioning funds: Ventures I ($175M), Ventures II, Polkadot Ecosystem Fund, Dao5 Fund ($125M), Investment Fund IV ($200M).

Not many people know, but one of the funds was launched in collaboration with Polkadot. Its goal: to maintain and launch projects built on the aforementioned blockchain.

📍Cumulatively, PL has participated in 203 fundraising rounds, in 116 of which it held the position of Lead Investor. Promising projects in the fund's portfolio include: StarkNet, Scroll, Polyhedra Network and EigenLayer.

Put 🔥 if this post was helpful to you...

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Investors are playing for the upside 📈

Saw an interesting infographic today and thought I'd share it with you. The smart money index for Bitcoin futures rose to a record high of 13,711. The supposed approvals of ETFs are most likely to blame for this.

🔤 The index makes it clear that institutional investors are opening a record number of longs on BTC.

However, according to analysts from QCP Capital, the actual demand for the spot BTC ETF may be lower than market expectations, and the "Sell on the news" scenario will begin. This is a system that works quite often.

📍This chart once again proves my thoughts in this post! Read it again carefully.

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Interesting shit-coin on Solana 🪙

Friends, hello everyone. Analyzed tokens on Solana today and found one interesting specimen - DRAGO.

📑 For the first day of the meme token's life:
• trading volume exceeded 1 million $
• market cap is now 860k (light and mobile asset)
• more than 1600 holders in 3 days.
• there is a partnership with NFT project on solan Lazy Alpha.

The team is interested in releasing the token on Mehs exchange in January (not the best, but one of the top exchanges). Now we can say the preparation is underway, so the project has launched an advertising campaign with various news resources.

They also launched airdrop for token holders. If you buy 7777 DRAGO, then on December 31, when the snapshot will be made, you will get under the airdrop of their token. That's all the information for now.

💡We are more interested in it from the point of view of short-term investments. Today we bought some of that token on the spot. If you are interested in similar meme tokens, you can repeat after me. Not a financial recommendation.

❔ Want more posts about meme and shit tokens?

🔥 - Yes
🧐 - No

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Fixing profit on DRAGO📦

Friends, a quick post from me. Yesterday I signaled to buy Drago shitcoin and immediately mentioned that this is a short-term investment.

⚫️Today the token met upward perfectly. My team and I sold 80% of Drago at $0.18. The rest was left for the future. The profit amounted to +72% on the spot.

If you also bought this token, now I advise you to fix a part of Police.

❔ Did you manage to make money on it?

🔥 - Yes
🧐 - No

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Useful knowledge about tokenomics 🔤

Hello everyone. I decided to make a post for you today that is not easy to understand, but it will be very useful for you if you decide to do analytics of crypto projects. Namely - tokenomics.

💡Tokenomics is an economic model of a crypto startup. It specifies various nuances regarding the token of the project. What areas the project emphasizes, how tokens will be distributed, how many tokens the team keeps, etc. All of these questions can be answered by familiarizing yourself with the basic metrics of tokenomics!

🟠Total Supply - the number of all tokens of the project that are expected to be released over time.

🟠Token Allocation (%) - this is the number of tokens in percentage terms that are allocated within the startup. The areas of funding can vary depending on the sector of the startup (Defi / GameFi / DEX etc). But there are areas that are present in any startup:

• Team - tokens that the team receives, this is a future reward for their performance, something like an option;
• Advisor - assets for advisors. Projects often attract specialists from the industry for more successful development;
• Liquidity - tokens that are needed to stabilize the price of cryptoassets on the market;
• Marketing - tokens to spread information about the project.

🟠Token Allocated - the same as the previous item, but only here the metric is expressed in project tokens.
The calculation is as follows: Total Supply * Token Allocation (%).

If someone wonders how tokens help in the development of a project, here is the answer. They are converted into stacks when listed, meaning crypto assets are merged into a stack of requests and then this cache is used for a specific purpose depending on what it was originally allocated for.

❕ Click 🔥 if you want to learn more about how to utilize tokenomics knowledge!

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BTC gives a new local high! 📈

Friends, hello everyone. Getting back in touch with you after 2 days break. Now I'm slowly starting to get back to work! But first of all, happy new year to everyone. I wish that 2024 you will be able to fulfill all your dreams and wishes. So, let's start turning on the "hard work" mode.

🔎 I'll start with a New Year's gift from BTC > $45,800. And here I will note that at the start of 2021 (the beginning of the last bull market), right after the new year, the market began to fly upwards. BTC to begin with, and later all altcoins.

In my opinion, 2024 will be a bullish year, so it is very likely that the market will move in a similar scenario.

• The question then becomes, Why is BTC rising?

The media is playing up to the buyers, starting to shill hints related to ETFs, because the benchmark date is coming soon and we are all waiting for very interesting news. There are also rumors that Tesla may soon start accepting BTC for payment.

📍BTC has a lot of space in front of it right now and it could go anywhere, given the upcoming likely date of ETF acceptance. Everyone is waiting for the first bitcoin ETF to be accepted on January 8. It's quite possible that the price may go up straight to that date.

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Deceiving hamsters on news about ETFs 📉

Friends, recently we saw another classic scheme in the market:

1️⃣ 2 days ago news came out that "Within two days an ETF on BTC will be accepted. BlackRock starts another 10 million bitcoin purchase and on top of that more headlines - soon BTC will be at $50,000" (positive).

Next:

2️⃣ More news coming out yesterday that someone somewhere heard that ETFs will likely not be accepted and it also indicated that institutional investors no longer believe in ETFs (negatives.)

As you guessed, high risk trading enthusiasts got immediate liquidations on positions.

3️⃣ A few hours later, the following news comes out that there is no information about ETF abandonment, but on the contrary - everyone is waiting for this process to be accepted. (positive)

Scheme: caught hamsters in longs -> shaved (liquidated) -> further went up. Dropped off the extra planters, so to speak.

❕ Conclusion: when the market shows super high volatility, you should not trade on futures. Why do you need leverage when tokens can do x2 in a day in such a market! This is a different time.

I hope you haven't lost a lot of money on such movements?

🔥 - Yes, all are good
🧐 - No, I lost some money

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Technical VS fundamental: about BTC 💰

Friends, hello everyone. This post will be made in the format of "thoughts in the ear".

💡Now I wanted to form a final opinion on the market and BTC in particular, but I faced a contradiction within myself.

• On the one hand, if you look at the technical analysis, the price made a false breakdown of $44.530 level and did not fall down. Now we are in consolidation near the level, and this is a sign that above the level we can go up.

• On the other hand, we can consider this false breakout as a fake high. Plus the price made a nice retest. Also, we can see a lot of positivity in the media and different publics about ETFs - this is also scary. When there is a lot of positivity, the market usually goes to turn around (against the crowd).

📍 I'm watching the situation closely now. By the way, I have closed all risky trades🔥

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Overview of tier-1 fund - Binance Labs 📦

In our regular column "Overview of tier-1 funds" we have already reviewed two major players in this area. Today we'll take a look at the brainchild of one of the major mastodons of the market - Binance Labs.

⚫️Binance Labs is a Tier-1 fund that is a subsidiary of the Binance exchange. The VC invests in the following sectors:
• DeFi (21.3%)
• Blockchain Infrastructure (20.7%)
• Blockchain Service (20.1%)
• GameFi (20.1%)
• Social (6.9%)
• NFT (4.6%)
• CeFi (3.5%)
• Other (1.2%)
• Stablecoin (1.1%)
• Currency (0.6%)

🟢 The fund was formed in July 2017. It has a total of 4 fund managers, the main one is the well-known to everyone - Changpeng Zhao (CZ).

The fund currently manages $1.5 billion in assets and has two functioning funds, Start-up Fund ($500 million) and Growth Ecosystem Fund ($1 billion).

There is also an incubator operating within the fund. It provides early-stage projects with the resources and experts to successfully develop a product. Example of incubator exits: Polygon, Dune Analytics, Perpetual Protocol, etc.

📍Cumulatively, BL has participated in 156 fundraising rounds. Illustrative investments include: PancakeSwap, LayerZero, 1inch, Aptos, Polygon. Also, Binance often makes investments and partnerships directly on behalf of the parent company, without affecting the fund itself.

Put 🔥 if this post was helpful to you...

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No one wrote about this -ETF of 2017 💰

Friends, I have already written many times about ETFs and everything related to it, but today I found one interesting information for you about how BTC ETFs were taken in 2017.

Let me say right away that the analogy is not 100% - now the market conditions have changed and the macroeconomic situation is also different. But market psychology, in my opinion, is the same during such events.

🔤 Let me break it down by date:

• October 30, 2017 - Chicago Mercantile Exchange (CME) announces the launch of bitcoin futures ETF in Q4 2017. BTC on this day = $6700, RSI ~80

• Nov 30, 2017 - CME announces exact ETF launch date of 12/18/2017. BTC = $11000, RSI ~84 (going up)

• December 14, 2017 (4 days before launch) - BTC = $19000, RSI ~75 (even more growth)

RSI (Relative strength index) is an indicator that shows the ratio of positive to negative price changes.

• December 18, 2017 (launch day) BTC = $18200

• December 22, 2017 (4 days after launch) BTC = $10500 (back to the original point)

📍Conclusion - the market can go up with overheated fundings and RSI>80 as long as there is a driver in the form of expectations. When the event itself happens, the market reverses immediately, even though the event is positive. If we talk about the situation that is happening now, I think that positive expectations on ETFs will remain even if tomorrow ARK Funf gets rejected: the reason will be eliminated through another lawsuit to the SEC.

❕ To put it in simple terms - BTC growth will continue, even though we rose to $47K yesterday.

Put 🐳 if this post was helpful to you...

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SEC Twitter hacked and approves spot Bitcoin ETF 📉

Here's the news for you. To be honest, I did not expect such surprises. At first, everyone was happy that the SEC had given permission to list the BTC ETF on all national securities exchanges.

Then it turned out that the SEC account was hacked and the information was fake. Against this backdrop, the cue ball dropped to $45k.

📍Now I'm waiting for a return to the $46k zone

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BTC ETF approval today 🔎

Friends, a fun evening is expected tonight. BTC ETF approval is getting closer and closer. The SEC has already accepted a Form 8A from the CBOE exchange for the listing of ARK Invest's spot Bitcoin ETF.

• Also, the NYSE exchange has approved the listing of spot Bitcoin ETFs from Bitwise and Grayscale. Trading should begin tomorrow. Waiting. And in addition, spot ETFs from ARK Invest and VanEck are already listed on the Fidelity trading platform. In case you didn't know, Form "8A" authorizes exchanges to list.

❗️The SEC has NOT officially approved the filings yet.

❕ By the way, as I wrote in yesterday's post, BTC is back to 46k. We even managed to capitalize on it. I will make a post about it soon.

Where do you think the price will go in the next 24 hours after the approval announcement?

🐳 - UP
🔥 - DOWN

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Myths about BTC ETFs 💰

Friends, I decided to dedicate another post to the most popular topic lately - ETFs. Many people have different thoughts and arguments on this topic, as they do not know much about the crypto market. That's why I made a separate post with the analysis of ETF myths. Let's go! (the topic is not simple)

🟠Myth 1: opened the doors for whales - finally big money can buy Bitcoin.

Access to BTC products on U.S. exchanges has been around until now. There are bitcoin futures ETFs trading on the NYSE and CME, starting in October 2021. And a spot ETF on BTC appeared in February 2021 in Canada. Buying BTC indirectly in the U.S. market could also be obtained through ETFs on mining companies, whose cash flow depends on mining volumes and the market value of BTC.

🟠Myth 2: BlackRock has $9trn - can you imagine what will happen now? (they will start actively buying BTC)

BlackRock CEOs put on a great show before the launch, talking about the prospects of BTC capitalization growth. Funds make money on commissions, it is important for them to attract attention to the product (their ETF) and trading volume. At the same time, the appearance of the BTC ETF does not mean that JP Morgan will buy it for all its clients. The key task of the funds for the coming quarters is not to lose marketing budget and capture the largest market share.

🟠Myth 3: ETFs + halving = huge growth of BTC

Maybe!!! But how is halving 2024 different from previous ones? Macro conditions

Global risk demand is a derivative of liquidity. Liquidity in the system is directly dependent on the Fed's monetary policy. Note that the previous three halwings took place with a Fed Funds rate <0.5% and accommodative policy. We now have a rate of 5.25%.

📍Conclusions: There is a new product on the market - that's cool. But it will still take a long time for crypto funds' attitude towards crypto as an asset class to change. Therefore, trillions $ and X's will not come quickly, be careful when forming positions.

❔ Do you understand such posts?

🔥 - Yes, everything is clear
🧐 - No, it's difficult for me

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What about the market? (looks like it's started) 😳

Hey, guys. I will write a few words today about the market and my view. I'll say right away, things are pretty good.

• After the local final impulse on bitcoin during the start of trading of the first ETFs, we see a prolonged decline. What would I like to point out?

📔Of course, I'm actively monitoring the domination chart and ETH/BTC. The market needs time to rebalance positions (move from one asset to another). What I mean by that? A large participant (or a crowd of participants) can't just take a single order and move their money into ETH or the rest of the altcoins. That takes time. Time is the rebalancing of positions.

Since under the decline of BTC we have a decline in its dominance, I am not afraid to assume that now is the time to rebalance positions. Bitcoin is slowly draining, correlation is pushing the alt-markets, but they are trying to stay in the risk on zone with the support of the dominance.

⚫️Therefore, I would not be afraid of the current BTC fluctuations. Scenario: Slow "run-off" of bitcoin after the momentum up, domination falls and alta rises on BTC brakes. I think we are in this exact phase right now.

❕ And I'm also waiting for more and more news and information regarding ETH ETFs. This will also raise the excitement on ETH 🔥

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A new investment idea from me 🥅

Friends, hello everyone. Today I would like to share with you one rather risky investment idea on XAI token. Let me tell you right away, this is not a financial recommendation, but just my personal opinion.

XAI is a recently launched (about a week ago) project, which today my team and I analyzed and found something interesting.

📝 To begin with, there is information that market maker "GSR Markets" has received 18.8 million XAI tokens. But what does this give us? On the recent listing of the project, we didn't see the XAI prices expected from the team and a lot of people sold their tokens that were received from airdrop. It seems to me that GSR and other big players are accumulating XAI at the moment in order to pamp it in the future. And here's why I think so:

At the moment, the project team has sold 32,000 node keys (this was necessary to get airdrop) and earned 10k ETH ($25 million). And at the current token price it is not very profitable to buy a key (it costs 1.08 ETH), and it is unlikely that people will actively buy them.

💡But what if the project team bought a lot of XAI from those who sold their Airdrop and in the near future they will make a manipulation and pump the token 3x-4x-5x with the help of their market maker, adding to this good news: the release of games from the project, staking and etc.

In this case, a lot of people will start talking about XAI token and its node. They will look at the high yield from this node and buy keys at any price and the team will earn even more.

📍To buy or not to buy decide for yourself, but personally I bought this token to my portfolio.

Do you like posts like this? (this is quite valuable information)

🔥 - Yes
🧐 - No

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📈 Yesterday's recommendations are already working well. +25% for today.

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