GM! We’re looking good for higher short term imo. Breaking out of the range now. I still just have the spot BTC from awhile back and some other coins I’ve held from before. Weekly close above $66K would be where I’d double down in BTC and/or other coins for much higher.

god candle, someone got fucked hard on that

Liquidations — 1h ($ liquidated, longs+shorts combined, aggregated across exchanges)

BTC / $860.59M / 1% longs 99% shorts
ETH / $293.65M / 1% longs 99% shorts

$1b last 1h

*TRUMP: CFTC WORKING TO BRING HYPERLIQUID INTO THE UNITED STATES IN A LEGAL FASHION

really good hype news

Wow what an eth daily candle today, at resistance now so I don’t expect it to blow through here ($2350~)

I posted about this back in May also but I wanted to bring it up again because we are now back at that inflection point imo.

The Weekly RSI is back at 50 and usually breaking it on the weekly is a really good sign for BTC to go much higher (I labeled out some examples on the chart). Also on the bright side, if you don’t have any spot exposure but want to FOMO, don’t think you are late because of the move yesterday or since the current $57K bottom* but also like I said yesterday I want to see us have a weekly close above $66K and go from there. So far so good, it looks promising 🫡

*BESSENT: WE WILL ROUTINELY DO BUYBACKS AND INCREASE SIZE OF BUYBACK

*BESSENT: WILL BE MORE THAN 4 BILLION

Bought some $HOOD at $107 for a Stocks x Crypto tradfi play. Gonna hold this for awhile.

Gonna watch some meme coins closely now too, a bunch of them outperforming today, [$PEPE $PENGU $FARTCOIN] to name a few.

Gm, nice flush on alts earlier this morning like 4-5h ago. Very nasty on some coins, near -25% zec -15% hope u all stayed safe those can get really bad as we remember from 10/10 last year. But they are healthy and good to have to wipe out the over leveraged to move higher. Sadly I was asleep to catch anything on that. IMO we probably chop around a bit this weekend now on majors

Will post a lil update from this past week later today. Btc still strong and looks very good, I think we break $80k this coming week. Like I said yesterday majors just chopping since the 79k wick still from Friday. We do have Jackson hole event this week so that’s the only big event I can see affecting markets. Looking to position in some alts that have shown strength on the btc dips. I wouldn’t recommend trying to chase the laggards since these are the ones getting fucked with big wicks on the smallest btc moves

GM! Wow so no btc buys from Saylor on the entire move up. Very surprising

Looking for a flush now to get back into some fresh longs, gonna place this one for now & update if/when it gets filled.

BTC Long
Entry: $75,600-$74,000
SL: $73,000

HOOD trade up +4% here, like I said I’m gonna hold this longer term but if you aped and/or are up good I’d take off some 🤝

Small down tick on ETF flows but still steady inflows good to see strength wise. We got a very shallow dip, didn’t get to my bids from other day but now back at $80K+ so it’s nice to see either way.

Keeping eyes on HYPE & SOL showing really good strength.

Also this voting open for SOL that could benefit it:

https://x.com/gumsays/status/2092755970795463076?s=46

Gm, be very careful trading this morning as our new fed chair Kevin Warsh has his first Jackson hole speech @ 10AM EST, should bring in some volatility.

*WARSH BEGINS JACKSON HOLE SPEECH:

https://www.youtube.com/watch?v=wK5rJmlrH6U

TLDR:

https://x.com/wallstengine/status/2093338571017252932?s=46