💰 Important moment for BTC

After consolidating at the 65k level, there is a much more optimistic expectation in the market. This can be seen not only in the mood of traders but also in the activity indicators of both retail and institutional investors ⬇️

— We see ETF buying increasing over the last few days.
— On futures, open interest is at maximums (which means more volatility is coming our way soon).
— All options indicators are growing (funds are active).

🔤 On the chart we hit resistance at the 68k level. The longer the price stands still, the less chance of an upside breakout. Now it is worth realizing that we are almost at one of the most important points in the last six months.

The further trend for the next few months may be decided here. The market needs positive news, triggers and an injection of additional liquidity (money). If the price can get above the 70k level, the market may get euphoric.

But you should realize that if buyers do not find the strength to rise soon, today's positivity may have the opposite effect, namely sharp and sudden corrections (falls).

❕ Participants who are now accumulating BTC in anticipation of growth will sell their positions, and some will receive liquidations.🔥

CRYPTO TREYSI | Subscribe

📈 FBI gets involved in crypto

Friends, I don't know if you noticed, but in recent weeks the FBI has been mentioned very often in the context of crypto.

It all started with the arrest of a market maker — Gotbit, and it was also later revealed that Jump Trading (the largest MM in crypto) was also accused of a “Pump and Dump” scheme.

🔤 The FBI even found and arrested a hacker who hacked into the SEC's Twitter account a year ago and wrote that the BTC ETF had already been accepted. Back then bitcoin soared above 30k and then it turned out to be a fake.

Now the other day the Radiant Capital project was hacked where $50 million was stolen. And guess what? The FBI is at it again. Only now in the role of «Robin Hood», because they are not threatening anyone in crypto, but are already trying to help track down and freeze the stolen assets.

🐸 See how good they are? But I wouldn't be surprised if the FBI themselves started this hack to come to the rescue and get their money back.

*P.S. To catch the aforementioned Gotbit company, they specifically created a token and came to them with cooperation to get real evidence.

❕ Probably their goal is to show the whole crypto community how much fraud there is here, and how they can be useful for crypto projects if you work with them. Smells like regulation, no? They are trying not to force, but to show by example that we need them.

Do you believe in regulation, where both crypto-enthusiasts and the government will win?

🔥 - Yes
🐳 - No

CRYPTO TREYSI | Subscribe

🏆 Did you think it would be easy?

Friends, if everything were so obvious and easy in this market, everyone would earn money! And such a scenario is not favorable for the market and those who manage it!

📤 In every crypto cycle, before the beginning of rapid growth, we have seen a severe «destruction» of the bulk of people and also certain movements that dissuade people from believing in further growth.

This year we are seeing the same process, everyone is already planted in the market with their personal money. The thoughts «that now we will go even lower, as the correction is not over yet and everything will be different in this cycle» begin to appear

But as practice shows, it is in such periods that the very reversal takes place.

❕ The last 100 meters to the finish line are the hardest, but when you cross it, you realize that everything you went through to achieve this goal was worth it. The only problem is that few people make it to the finish line 🔥

CRYPTO TREYSI | Subscribe

🪤 Trapped the longists in a trap

Friends, a small rise lured many traders into longs, as they thought it was the final impulse to $70.000.

📊 However, breakouts of important levels always happen at the most unexpected moments, often after significant moves in the opposite direction from massive expectations, this was not the case yesterday.

At the $69.400 mark, long positions dominated significantly.

In this case, the coin's rate cannot be dragged higher, as it is simply not favorable for the market itself (whales and smart wallets).

— This is the reason why we saw such a pullback - to reduce the mass expectations for growth, and also for traders to focus more on the correction than on ход the upcoming growth.

❕ At the moment I admit to see a correction up to $66,000 followed by a reversal upward5 and a final break of the $70,000 level 🔥

CRYPTO TREYSI | Subscribe

↗️ The market misconception

Friends, now we are seeing the very picture I was telling you about.

📑 Due to the sharp and rather strong shedding, the market expectations of the bulk of people are starting to change. People are being made to think that the correction is still not over and it will continue.

Fear in the market jumped up again and followed by a large number of new short positions

What to do with all these positions? Let the bulk of people make money on banal fear? — No.

❕ Now we are waiting for a good upward growth. We have reached the edge of our trading range, from where I think we will see sideways trading to create uncertainty with further upward exit 🔥

CRYPTO TREYSI | Subscribe

💎 What is happening with Aptos

Friends, earlier I gave a signal for a trade on APT. If you missed it, read here.

I gave a forecast for growth of +22% — it happened ✅

But I did not fix the position. I continue to hold this token.

❕ If you set take-profit and your position closed plus, but you want to buy more, it is better to wait for the fall to 8$ and buy.

Participated in the deal?

🐳 - Yes
🔥 - No

CRYPTO TREYSI | Subscribe

🔹 Why does ETH feel weaker than BTC?

Friends, if you compare the charts of the two major crypto assets (BTC and ETH), you will notice that ETH feels weaker. Now I will explain why, but I will do it in the context of Solana.

The SOL to ETH chart is breaking through all-time highs. ETH relative to BTC has fallen to its lowest level since April 2021. What is happening to Ethereum and where is this panic coming from?

📑 The reason is simple: inflated expectations. Everyone was expecting the DeFi sector and staking protocols to drive the growth of the ecosystem and Ethereum ETFs to attract more investors. There were also a lot of expectations about Ethereum deflation.

— But what are we seeing?

There is money in DeFi, but it's not mobile at all, so it's not useful for the Ethereum network. Everyone was waiting for DeFi-summer? And it's gone again. As a result, we got only mem-summer, but even here Ethereum got nothing, because 90% of memcoins work on Solana....

Holders of ETH see SOL making new highs every week, of course they start to panic. Why am I holding my portfolio with ETH when even BTC is yielding more. This further reinforces the negative sentiment.

❕ There is a good point in this — attractive points to buy relative to other assets. If you, for example, have a lot of SOL or other assets in your portfolio that are stronger than ETH right now, this is a good opportunity to partially move money into ETH 🔥

CRYPTO TREYSI | Subscribe

💰 Domination is still choking

Friends, hello everyone. Bitcoin dominance continues to grow further and has already reached a new local peak of 59.7%!

*Just in case I clarify: Bitcoin dominance is the ratio between bitcoin's market capitalization and the total capitalization of the entire cryptocurrency market.

📑 For this reason, the bulk of the alts are just standing still or gently falling down.

There is very little live liquidity in altcoins right now. The big players still prefer to trade Bitcoin than other assets. This is all temporary of course, but the fact is that altcoins are extremely weak now.

— If you consider any long positions, it should be done only on trending alts, which I sometimes inform you about and give signals.

❕ I don't put a lot of meaning in this post, I just want to remind you once again — if you are an inexperienced person on the crypto market, then act very carefully, because it is you that a big player is planning to make money on. Do not let yourself be deceived and at least listen to the advice of more experienced guys 🔥

CRYPTO TREYSI | Subscribe

💰 Bitcoin is rising again | when will altcoins fly?

Friends, hello everyone. Earlier I made a post in which I drew a scenario on BTC. Everything worked out perfectly. We saw a reversal from a key level.

But now the more important question is: When will altcoins start to recover?

🔤 Before the final reversal of altcoins, we are witnessing one of the toughest phases in the market: Minimal volatility in altcoins, a strong correction behind us, and no significant buybacks.

In all of these ways, the market is creating the perception that the coins you've gained will never grow.

— The dominance reaches new peaks with each passing day, causing the bulk of the coins to simply not be able to exist properly. But growth as well as correction cannot be endless - everything has an end.

❕ Following the historical indicators, the current news background and analysis of all available factors, bitcoin dominance should soon go to correction, so I do not expect BTC growth to continue. The time of altcoins is coming soon 🐳

CRYPTO TREYSI | Subscribe

💰 A global step towards recognition

Friends, Bitcoin turns 16 years old on October 31. While the identity of the creator is still a mystery - BTC itself has become an iconic asset with trillions of US dollars swirling around in its ecosystem.

In the past, big investors used a 60/40 strategy, investing 60% in stocks and 40% in bonds. But things have changed since 2020, when MicroStrategy started investing heavily in Bitcoin.

🪙 What is an ETF?

A spot BTC-ETF allows you to buy stocks that track the price of Bitcoin without having to buy the coins themselves.

It took more than 10 years to create such an ETF. Since 2013, the SEC regulator rejected applications to launch it due to concerns about manipulation.

But in 2021, the regulator gave the green light to several Bitcoin futures ETFs, setting a precedent.

📤 What's the real effect on the crypto industry?

Early criticism of Bitcoin was not unfounded. However, it has shown resilience over time - hedge funds and even national governments now believe in it.

— In the first seven months, inflows into the BTC-ETF outpaced the gold ETF launched in 2005 by several times.

Bitcoin is the most popular ETF asset class in history. And the U.S. is last year's leader in crypto transaction volume.

🏆 What's next?

In July 2024, the SEC approved the first spot ETFs on Ethereum. Next in line is waiting for Solana, but not until next year.

Many people invested in BTC with the expectation that after the halving in April 2024, the price will rise to at least $100k. People's faith still continues.

❕ Both US presidential candidates declare their intention to develop the crypto sector, the Central Bank is testing digital currencies, BTC is outperforming other “traditional assets” by many indicators - there are clearly reasons to expect a new growth spurt 🔥

CRYPTO TREYSI | Subscribe

🪙 Is crypto that good?

Friends, today I want to talk about the BTC vs Crypto stocks performance. I guess you didn't know about it.

MicroStrategy (MSTR) stock is up nearly 250% YTD, well above Bitcoin's 60% return.

📑 These results follow an impressive 353% gain in 2023, when investors began looking at the company's stock as a way to gain indirect exposure to Bitcoin through publicly traded shares.

MicroStrategy currently owns 252,220 BTC, worth over $17 billion, making it the largest corporate holder of BTC.

But they're not going to stop there. MicroStrategy released a Q3 2024 report in which they announced plans to raise $42 billion over three years to buy bitcoins.

💸 The firm also raised $2.1 billion in equity and debt capital in Q3. MicroStrategy also increased its bitcoin portfolio by 11%.

With such resources, they clearly have a good chance of launching a chain of large investments in BTC and will lead to gradual growth.

❕ Perhaps the chart I attached to the post will show you a classic stock market in which Crypto companies feel great 🐳

CRYPTO TREYSI | Subscribe

💸 Why is it worth believing in growth?

Friends, at the moment the market has all the factors it needs for further growth. Especially now, after a small correction:

— Decrease in important rates related to the US economy
— Eight months of bitcoin accumulation.
— Oversold on most altcoins.
— November is historically one of the greenest months in crypto.
— The very fact that after the U.S. presidential election, the entire crypto market always follows a rapid growth!
— Many strong indicators have already reached the very values at which to expect growth.
— Market uptrend

If you stick to a further correction ($60k) - your right, but you can't go against the trend and the market itself.

Even in case of the worst news background, I can see a correction to $66,000, but not below. The current pullback is not critical and is quite necessary and logical (I wrote about it).

❕ There were too many longing expectations at the moment, and they need to be removed somehow. There is no other way.

What are your expectations?

🐳 - Growth
🔥 - Correction

CRYPTO TREYSI | Subscribe

📦 Review of an interesting coin

Friends, hello everyone. I decided to analyze one coin for you, namely AVAX.

The coin is trading near the most important levels, from which we have previously seen a strong increase in purchases and further price growth.

📑 After the last significant rise in the coin, we got a logical correction to collect the remaining liquidity, but we have already reached the areas where we should expect a reversal.

From the marked trading range ($22-$22) it is worth considering a set of medium-term position on spot.

🔖 The asset looks very good on the reversal of the local trend and further growth to its upper boundaries (тon-financial advertising) 🔥

CRYPTO TREYSI | Subscribe

📥 Market crash after the election?

Friends, tomorrow, November 5, the US presidential election will be held. Of course, everywhere you look now, everyone is trying to predict how the market will react to the victory of this or that candidate.

🔤 Let's describe in one post all the “predictions” that are the most popular right now (which means it probably won't happen 😅).

1️⃣ The first opinion is the most popular. Markets will crash after the election. “Sell the news” and things like that. Market crash and maybe even a “black swan”.

2️⃣ Second most popular opinion: Trump win - momentum up, pullback, and then fly up. Kamala's victory - a fall to the downside followed by a slow recovery.

3️⃣ The third opinion is based on historical price analysis. Three times in a row during the election, BTC has shown its lowest price, which has never been repeated in history (photo attached).

That is, each time after the election, the price of BTC rose so much that it never returned to «pre-election levels» again.

❕ Now, there are many more opinions and predictions to be found in social networks and media. Here are three of the most popular ones, but as we know, the more popular the opinion, the less likely it is that things will be just right. Therefore, DYOR! 🔥

CRYPTO TREYSI | Subscribe

🔶 Binance hurts projects

Friends, today with the team analyzed many token listings on Binance.

The main conclusion is that now listing on Binance is not a guarantee of growth, and sometimes even a risk.

Listing on a major exchange like Binance used to be considered a huge bullish point for a project, but times have changed. The market is hinting that a listing on an exchange is no guarantee of growth unless there is real value or a strong community behind it.

🔤 Listings on exchanges are disappointing

• On average, tokens show a 40% to 70% drawdown after listing - almost all CEXs.
• OKX unexpectedly surpassed Binance with a smaller token drop, but even here the figures are far from “green”.
• Yes, Binance and OKX at least filter projects, but other exchanges are clearly chasing quantity, not quality.

An ambiguous moment — Binance sets strict conditions: before listing, it can demand up to 15% of the total circulation of tokens.

This fact opens the curtain on why fewer and fewer good projects are being listed on Binance.

📦 Fundraising and token success: who is doing better?

A study of 1,500 new token launches on the Ethereum network over 30 days on % scam showed some interesting statistics:
• Those who raised funds through Coinbase had better launches on average.
• Binance Labs remains the most popular for funding, but here on the quality of projects - on the average level.

❕ What we have in the end: listing on Binance is no longer a guarantee of success for a token, but more often a risk. High commissions, double standards of selection and a drop in value after listing.

Put 🔥 if you found this post useful

CRYPTO TREYSI | Subscribe