🔴 #ENA - A prime candidate for high returns

After an initial surge, #ENA entered a correction phase, forming a descending structure.

🔵 On significant volume, buyers managed to break through the upper boundary of this structure and consolidate above it. The price then retested the channel and bounced back, indicating that this level now serves as strong support. I believe the price is unlikely to drop below this level in the near future.

Not only is the technicals, the fundamental picture for #ENA looks promising as well. The development company continues to receive support from funds, and the daily active wallets just reached an all-time high.

I see #ENA as a potential leader in the upcoming rally.

🟢 I’ve started building a medium-term position in #ENA within the $0.89 - $0.82 range. The expected price trajectory is marked on the chart.

🟢 Safe Trading - understanding the core principles

As you may have noticed, I mosly trade spot. A common DM question - 'Why no futures signals?'. Another popular one - 'Which exchange do you trade on?'.

Today, I'll answer these, especially since they're interconnected. To make it clear - I operate solely on decentralized exchanges (DEX). Couple of key reasons:

◼ Leverage benefits exchanges, not traders. It's no secret that Binance sells data on its clients' open positions to market makers. Armed with all the info about you, they trade against your money.

💁🏻 Ever play poker with someone who sees all your cards?

Constant manipulations with hundreds of millions $ liquidated is the result.

◼ Not your keys, not your crypto. On CEX, you're trusting a third party with your assets. There's no guarantee (and I'm saying this from personal experience) - it can go bankrupt, your funds could be blocked, and withdrawals might be suspended at the worst possible time.

When I'm trading, my money doesn't even leave my ledger, so I'm always in control. No passport pics or income statements are needed for withdrawals.

🔵 While I can't pinpoint the best DEX, when choosing, I prioritize my current needs - platforms like 1inch, Uniswap, and PancakeSwap suit diverse trading requirements and offer different functions.

🟣 #ARB - might replicate Solana rally of 2021

This month, #ARB is getting ready to unlock tokens for the investor team. To secure the best exit liquidity for big players, MM will likely initiate a price acceleration.

We've seen a similar scenario several weeks before Solana's unlocks in 2021, with #SOL peaking at around $260. Post-unlocks, a bearish rally begun. Identical price reactions were observed before the unlocks of #APT and #SUI.

🔴 Keep in mind, not every unlock event have such impact on the price. But here they are dealing with whale money.

The technical outlook for #ARB also hints at continued growth. Having secured above the parallel channel, the coin is accumulating volumes to continue the uptrend. A consolidation above will serve as a key confirmation for sustained growth.

🔵 I’ve started building a medium-term position in #ARB within the $1.08 - $1.02 range. TP/Stop marked on the chart.

🟢 Crypto market short-term outlook - what's next?

As Bitcoin accumulating volumes above the descending structure, market interest keeps shifting. The formula remains consistent:

Bitcoin → High Cap Altcoin → Low Cap Altcoins

While #BTC struggles to break beyond ATH levels, the altcoin market shows robust dynamics with #BNB and #ETH leading the charts. Several factors influence this fundamentally:

◼ The supply of stablecoins has surged by over $15b in the last 3 months.

◼ More altcoins are being added to Grayscale's institutional portfolios.

◼ Rumors of next ETF pushing high institutional liquidity assets higher.

A bull rally is coming. However, as always, before Bitcoin experiences parabolic growth, we'll see high volume price action in the altcoin market.

🟣 What we see now is just the beginning of this trend.

🟢 #BNB +20% gain since last post

With a powerful rally, #BNB has approached our first target, setting a new ATH around $710. Those who followed my recommendation are now sitting on a +20% pure profit.

🟣 While breaking through the $730 resistance might require a bit more volume and some time, consolidating above this level will be a strong signal for an uptrend continuation.

Now, #BNB is in the price discovery phase, with the next significant resistance at $800, where a solid seller order block is located.

⚫️ I'm maintaining my full #BNB position and will start taking profits only once we reach the $800 mark. As I mentioned, this trend is just starting.

🔴 #ETHFI - getting ready for next big move

Since its launch, #ETHFI has soared over 3000%. Despite recent months of correction, #ETHFI has managed to stay above key resistance levels and is gearing up for a new uptrend.

🔵 On the daily chart, the price dipped into the $3.50 - $3.00 range to capture liquidity, followed by a strong impulse upwards. Volume profile suggests that this impulse was driven by significant buys from several whale wallets.

I expect further growth either from the current levels or following a retest at $4.50. My medium-term targets are $7.07 and $8.40.

⚪️ I’ve started building a spot position in #ETHFI within the $4.79 - $4.50 range. The expected price trajectory is marked on the chart.

🟢 #BTC - Long

Although I usually trade spot, Bitcoin's high market cap makes it difficult to achieve significant returns in the short term. To get a x2-x3 on #BTC using leverage is necessary.

🔵 Sellers failed to extend the correction, and the price bounced off the HVN zone at ~$70,400. Given the improving macroeconomics and the strong technical setup for #BTC, I expect a new ATH within the week.

Leverage: 20-25x
Entry: $71100 - $70400
TPs: $73300, $75500
Stop: $68304

⚫️ A dip below $70,000: What's Next?

At one point, #Bitcoin fell below $69,000 after the release of U.S. unemployment data showing an increase to 4%.

🟣 While analysts suggest that this data caused the drop, I actually think we witnessed sophisticated #market manipulation. One piece of evidence is the record number of hedge shorts by large players on the CME.

Their goal is simple:

◼ Shake out weak hands who are tired of waiting for a rise, prompting them to sell.
◼ Discourage strong hands from increasing their positions and longs.

The market makers’ playbook: squeeze out margin #traders, scare investors, and only then, after accumulating their own liquidity, push the price upward.

🟢 I believe we will see a recovery very soon. I am continuing to hold my #BTC position.

🟢 #STRK - a new addition to my portfolio

Although some may view L2 projects as secondary, solving Ethereum's scalability problem is crucial for achieving mass adoption.

🔵 This narrative has attracted major players in the industry. A clear evidence is the number of L2 projects launched on #Ethereum in 2024. Most of them quickly made their way into the top 100 on #Coinmarketcap within just a few weeks.

Since early March, #STRK has been correcting. Now, it entered accumulation phase. In the $1.40 - $0.98 range we see active buying from wallets holding over 100 #ETH.

The current market downturn looks like an excellent buying opportunity.

🟣 I’ve started building a medium-term position in #STRK within the $1.14 - $0.99 range. The expected price trajectory is marked on the chart.

🟢 GM, friends!

New day, new opportunities! Wishing you all a productive and positive day ahead.

🟣 Fam, your reactions and shares help our channel grow and thrive. Stay active so we can see your support. Let's max out the reactions on the previous post!

I'm preparing up a new post for you right now. Also, feel free to DM me with the type of content you want to see more of. @mllodon

🟢 What to expect from the market next week?

Several events that could impact prices:

◼ The Fed's rates decision. The rate is expected to remain at 5.50%, and this outcome is already priced in. More crucial is what Powell has to say.

Hints at future rate cuts could positively influence the market, while a narrative of persistently high inflation could extend the correction.

◼ Bitcoin ETF inflows. A critical metric to watch is the inflow into Bitcoin ETFs, which directly affects BTC price.

ETF issuers currently hold more than 5.5% of the total supply, and as long as demand for these ETFs remains robust, they will continue accumulating BTC, driving up the price.

◼ Growth in TVL for Ethereum projects. There is a record growth in total value locked for Ethereum-based projects, with significant activity in tokens like #AVAX, #OP, and #STRK.

While TVL doesn’t immediately translate into price movements, it is a fundamental indicator of health and interest. In the medium term, expect increased attention and capital flow into these projects.

🟣 Remember, globally we are still in an upward trend. View corrections as opportunities to accumulate, as capital tends to move from weak hands to strong hands during such times.

🟢 #FIL - primed for a powerful upswing

Despite the broader market correction, #FIL is holding within an accumulation range and is gearing up for a breakout.

🔵 According to the order book, the range between $6.20 and $5.40 is crucial for mid-term speculative accumulation by big player. This strong buyer volume profile prevents price from dropping below.

As such, I expect #FIL to break out of the accumulation range and, with strong momentum, test the significant resistance that separates it from the local high.

🟣 I’ve started building a position in $FIL within the $5.90 - $5.40 range. The expected price trajectory is marked on the chart.

🟢 #BTC - rejected from $70,000

Every bull run is always accompanied by corrections. The market never goes up continuously.

While we remain in a global uptrend, several factors have triggered a local correction:

◼ Outflows from ETFs totaled more than $60m in one day;
◼ The market is preparing liquidity ahead of Powell's speech.

I want to draw your attention to the second point. The consensus is solidly behind rates staying at 5.50%, but the most important are Powell's remarks. The real action will be in his hints about future moves.

🟣 If tomorrow’s speech hints at a rate cut in the coming months, we can expect the market to soar back above $70,000. Until then, such corrections should be viewed as opportunities to build positions.

🟢 GM, team!

Today, we’re expecting a volatile session due to the release of key U.S. macroeconomic data:

◼ May CPI (forecast: 3.4%);
◼ FOMC rate decision (forecast: 5.5%);
◼ FOMC press conference.

The CPI report, combined with last Friday’s unexpectedly high NFP numbers and other recent data releases, will likely prompt the Fed officials to reconsider their forecasts for inflation, and interest rates.

🟣 I recommend waiting for the economic data to be fully released before opening new futures positions. Spot positions are less susceptible to volatility, so we will maintain our current trades in full.

🟢 #SOL - Long

After hitting the POI zone, $SOL executed a V-shaped recovery. This pattern typically indicates a fundamental shift in market sentiment. This is backed by this morning's positive inflation data.

A divergence on the hourly chart also suggests a rebound. In an alternate wave count with a larger triangle, we saw an ABC pattern break to the downside.

🟣 The correction seems to have completed. I expect a rebound and a push to a new local high soon.

Leverage: 10-15x
Entry: $159 - $153
TPs: $180, $207
Stop: $137

#crypto #trading #solana

🟢 #MAGIC - Long

The coin has exited the medium-term downtrend, and already retested it from above. During yesterday’s correction, #MAGIC returned to the HVN zone, where buyers are actively stepping in.

Similar to #SOL, a divergence is forming on the RSI, and the outflow from exchanges suggests increasing interest from long-term holders in #MAGIC at current levels.

🟣 I expect to see #MAGIC around the $1.00 mark within the next couple of weeks.

Leverage: 10-15x
Entry: $0.707 - $0.690
TPs: $0.81, $0.93. $1.03.
Stop: $0.596

🟢 #SmartMoney – My Approach to Crypto Trading

Let’s talk about the the trading strategy I use to build each of my positions. The key is smart fund allocation!

My strategy is – only bet big when the chances are 90/10 that the asset will grow in price 🎓

🔴 It’s crucial to understand that not all projects will skyrocket. The goal is that a few high-performing projects will cover the losses from others and yield substantial returns on the total investment in the portfolio.

That’s why I allocate no more than 1% of my total deposit to any current position. And i only play mid-to-long term. Moreover, I never enter a position at a single entry point; I use a method of partial investing. This way, corrections do not concern me, but I rather use them to secure a better entry point.

I reserve my main capital for large investments in projects that I’m 99% confident about, just like I did with $SOL and $PEPE. Those of you who have been with me for a while remember these 💎 gem trades.

🟣 This is why I'm constantly analyzing the market and that's why I always invest in small portions - I don't want to miss the next big thing.

🟢 #BTC - accumulating momentum for a bullish rally

The current sideways movement may seem uneventful, but it’s a key signal that often precedes a parabolic phase.

In previous cycles, #BTC often consolidated at previous all-time highs, setting the stage for a prolonged upward move. We’re seeing a similar pattern now - the extended consolidation around its past ATH suggests an imminent rally.

🔵 A parabolic phase requires significant volumes and a prolonged accumulation, which is exactly what's happening now. Movements within this range aren’t critical, as historically, they have been followed by a breakout to the upside.

Moreover, some altcoins have finished accumulating and are ready to surge, held back only by a sluggish #BTC. This indicates that once Bitcoin moves up, altcoins will likely see a stronger pump. Even in this sideways market, #TON, #NOT, and some low-cap alts show notable strength.

🟣 If you already hold a portfolio of coins, now is the time to be patient and wait. If you’re planning to buy, use corrections as opportunities to open positions.

🟢 #TON - taking 150.000$ profit

We’ve hit our first target for #TON, capturing ~90% net profit.

I’ve closed half of the position and will hold the remaining portion until $12.20, where I expect to secure a 3x return.

#SmartMoney

🟢 #ETH - ready for a BIG move

The correction in wave 4 has reached the 0.5 Fib within the interest block, which is sufficient for the proportions of a corrective wave. I expect the development of the fifth impulse wave and the continuation of the uptrend.

⚫️ Fundamentally, #ETH is strong as well - ETFs are on the way, Ethereum-based projects are leading the charts, and institutions are accumulating. The current correction is an excellent buying opportunity.

Yes, #ETH is unlikely to provide a 50x return like new tokens, but it is a fundamental project that could yield 5x-10x returns in this cycle.

🟣 I’m starting accumulating #ETH mid-term, applying the partial allocation strategy I mentioned in previous posts. The expected price trajectory is marked on the chart.

🟢 Reflecting on the lessons of past market cycles

This is probably the most expensive post in my recent publishing history. I'm a rich man, but nevertheless, it is kind of a physical pain for me to look at my 2-3 year old trades. Buy #SOL on listings at $0.1 and exit the trade completely at $1.2? My story.

⚫️ I am here to teach, and these are the most valuable lessons I can give you on the verge of the bull run:

1. Stick to your trading plan. Trading does not tolerate emotions. If it is a part of your plan to buy or sell at this level, don't hesitate to do so. Set up price notifications and do not overlook the charts.

2. Follow professionals. In 2018 we had a chat/community of Wall Street crypto traders and I remember a guy talking about #BNB a lot. He was the top analysist in one of the leading VCs. Even knowing that, I was afraid of risks and decided to ignore his call. #BNB made over 30x ROI in the next few months.

3. If you are sure, bet big. I bought #PEPE, #AXS and #DOT in the very early stages but only put in a few thousand. My life would be completely different if I allocated more to these trades. I regret I didn't. Market does not tolerate fear.

🟣 With that being said, we are entering this bull market with a tremendous experience and complete certainty in our actions. We learnt the lessons of our past and are fully prepared to take advantage of every single market movement.