Leverage
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Leverage
GM! Nice move today on BTC, looks like $80K support held once again. Good bounce on decent HTF support all amidst the geopolitical stuff going on and everyone expecting ‘black monday’ yada yada. Everyone was expecting and asking for lower on CT and usually…
GM

Sadly we retraced the entire move yesterday. It’s just been very horrible price action without any headlines etc. Back to chop I would guess.

One thing that is surprising is that we got yet another day of $500m+ ETF inflows for BTC and yet we retraced the entire move after two of those days this week, so definitely someone big offloading with size into all these buys.
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INITIA CHAIN HACK LETS ATTACKER INFINITE-MINT $INIT, $2.6M WITHDRAWN SO FAR
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Weekly Market Recap 10/25 📊

Not much to update but BTC still not showing much, no clear direction for me. I don’t wanna overtrade when I’m not certain where the market wants to go so it’s boring but gotta stay patient here imo.

As far as the HTF charts go, the monthly definitely the best looking one now, I don’t really like the weekly looks like it’s going to roll over now, we’d basically want a higher low to form there so any consolidation (as long as we stay above $75K) is good. The slow months suck but are necessary for the good and big moves to form.

Let’s see what this week brings 🤝️️️️️️
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ANTHROPIC PUBLICLY FILES S-1 FOR IPO
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GM!

Nothing relevant on the charts to update, although we do have FOMC today. There is a 91% chance of rates being the same, so there shouldn’t be any surprises later. The presser is always more important anways, will see what Warsh says regarding future rate decisions.

Per usual:
Rates at 2PM EST
Presser at 2:30PM EST
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FED LEAVES RATES UNCHANGED AT 3.75-4%
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Gm, Insane $HYPE news overnight, hope some of you caught that…

https://x.com/tradexyz/status/2115755854125478285?a=png4hqb-KgjQn_5sM64&s=46
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Wow, Hype to $100 soon
POLYMARKET USERS REPORT THAT FRONTEND MAY BE COMPROMISED, AND ASSETS ARE BEING WITHDRAWN WITHOUT PERMISSION
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Keep notifs on for CZ if he tweets or clears up the FUD
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For reference Bybit hack was like ~1.5b back in Feb, so this is almost twice as big
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And ofc XMR up on any hack/hack fud. Good pair trade during any hack news =
short any alt/long XMR
TETHER FREEZES $971M USDT IN LIKELY BINANCE HACK, WITH NO UPDATE FROM BINANCE STILL
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