$BTC $ETH $SOL

Market has almost no volume. Even BTC volume on both Spot/Futures is absolutely bottoming. This is a typical sign of a dump, we already dumped today but it means there is no rebound soon. 1 minute candle right now doesn't even move. Market is frozen.

After BTC went to 24 hour low of 66700, the rebound was a low volume pump. This kind of market has historically lead to long, and slow bear market that would last a year.

The rebound couldn't even go above 68k. Combined with major events such as Mt. Gox selloff, high interest rates, no more news to sell for hype, BTC is slowly falling and will continue this trend unless a game changing event occurs.

I believe people got wary of crypto real quick, too high expectations generated from media. The general public was fed with some absolutely ridiculous "analysis" and "predictions" of BTC going to 100k, 300k, even 1 million by actually influential people. Obviously that was not happening, but most of them only realized now.

ETF had way too much hype for what it really was. A proxy method to invest on Bitcoin when there are easier methods available since years ago. The inflow was not significant as expected.

Also, BTC had way too much "Invisible supply" that were hidden from the public. Such examples are Satoshi-era wallets that gets reactivated after a decade. Mt. Gox also ceased operation since 2014, which is a LONG time ago. BTC was not even $1000 back then.

But the market decided that these potential supplies, with massive quantity will always be "lost" and never come back. And we had this pump from 40k to 74k after ETF. Clearly the pace was too fast.

The only way BTC gains more interest is by breaking ATH again, or going so low, to a price no one ever expected a month ago. This way speculative investors will join in and it will be a casino again. Market will be so volatile but atleast we get volume.

#ShortMaestro #MtGox #ETFvsBTC

$BTC $ETH $SOL

Oh boy the next 24 hours will be a wild one. The entire Binance Square is filled with delusional people coping with inevitable losses.

We all know what's coming, believing does not change anything. Reality is the same, your emotions are worthless.

Take the L or lose everything.

#ShortMaestro

$BTC $ETH $SOL

DUMP DUMP DUMP!!! Give me the $$! I shorted and waited for a long time. Big payday?

Options expire tomorrow and its not looking good for bulls. Interest rates are still high and the economy cannot just sustain with high interest rates forever. The barely managed bubble will crash.

#ShortMaestro

#MarketSentimentToday ACTION IS COMING! 2400 BTC deposited to Binance a few minutes ago. But don't go overleveraged short, everyone is doing it and guess what? You will get liquidated before BTC eventually dumps, all it takes is one short squeeze.

Then not only will you be missing out on your short position profit, but lose everything. That is not good

Trade safely and manage your risks as always. However the market is very favored to shorts at the moment.

Don't try to make profit off of the highly volatile 1minute candle, just expect a slow decline. That's the guaranteed way to profit from this market, not some crazy 20x short.

#ShortMaestro

$BTC price is going everywhere, in this zig zag you notice that the average price is still within 67k~70k for almost a week now?

Price looks volatile but in reality it's the same. Just wait for profit and you will get it. Long/short doesn't matter, the fluctuations will guarantee profit with low leverage.

#ShortMaestro

$BTC I was able to take profit of my short position (entry 69300) before the reversal, I am now waiting for another pump to get a short entry. Probably will be around 68700~69300. Going long here to snipe the quick correction could also be good, although the pump wouldn't be that significant.

Even in the best case scenario, BTC has no liquidity over 71.5k, making this price zone almost impossible to break. So I will go long now (68500) with small margin, then short later after closing my long.

If there is no hope of pump then I'll just close my long at a loss, then wait again to see what happens.

UPDATE: My long position SL hit and I went short. I am holding it, my liquidation is so high I can just wait indefinitely anyways. Patience has always guaranteed profits

#ShortMaestro

I closed my $BTC short entirely, looking for a better entry again. Market will probably rebound before another dump. Or it could go to the moon, we'll have to see.

Anyways, since I am sitting in profit, and market just stagnated again I decided to exit. Gonna do some scalping with tiny funds in the meantime.

#ShortMaestro

$BTC Ooh yes red everywhere juicy profit. A lot of people fell for the el classic pump before dump. I just watched Netflix and waited from my 69300 entry. Also doubled down near 70k. I made $$. I win!

#ShortMaestro

Woah! Mind blowing fact about some shitcoin.

$NOT is the inverted logo of $TON. I have no idea what these coins do but damn. Never noticed. Also NOT backwards is TON. OMG!!!

#MarketSentimentToday

👉 Daily update for today's market trend

⭐Today is Memorial Day for the US. All US stock exchanges, including CME Futures is closed until Tuesday. So today is similar to a typical weekend market. The trading volume is low in general.

⭐There's not enough money to trigger any major pumps, interest rates are not going down anytime soon. Inflation is getting more controllable but still very high. We moved on to the subject of whether interest rates should be even higher or not.

Before the discussion was about potential rate cuts soon or later. Now rate cuts are not even mentioned. Meaning this inflation was left unchecked for too long and most likely needs another rate hike to barely control it.

This will cause massive economic crisis and stocks will crash (It is already in progress), people will be suffering from hyper inflation, there's no spare money to invest on some digital currency. These things only flourish when people have spare money to spend.

Anyways... for the major cryptos

💰 For $BTC : Things are not looking so good. I am still shorting from $69330, and it seems like the dump is going to progress for a while. Bitcoin has failed to surpass 70k smoothly, was stuck at the 68k~70k zone for a while.

There is no real incentive to buy Bitcoin at the moment. But it does not mean some doomsday, we were at 60k like, a few weeks ago. So a correction is necessary. Bitcoin will pump eventually, but it won't happen in a day.

💰 For $ETH : Same story as Bitcoin, except this thing had the massive ETF hype and that bubble is still there. So if ETH does start to dump, the correction will be more significant than Bitcoin.

That's about it for today, if you bought BTC or ETH at spot, just hold it. There's no reason to sell as retail if you bought them recently. IF you are in profit already, then you might want to sell and buy lower. If you are long, then you should 100% do risk management. I mean, this is basics for any investment.

#ShortMaestro

#MarketSentimentToday
Interesting.. What is $TURBO and why is there so much liquidation the past 1 hour? It's not even on Binance.

"Turbo (TURBO) is a cryptocurrency that seeks to merge the realms of artificial intelligence (AI), creativity, and community. It is a decentralized community that is powered by creativity and governed by AI.

Turbo believes in the potential of collective intelligence and the fusion of human creativity with artificial intelligence. The community operates on the principles of decentralization, enabling individuals from diverse backgrounds to come together and shape their future.

Turbo's approach to governance involves an AI Oracle council, which acts as a bridge between the community and the TurboAI Chatbot, their guiding intelligence. This council prompts the AI Chatbot, tapping into its vast knowledge and insights to make informed decisions and guide the community's direction."

From the developer's description... I have no idea what this means. Some "oracle" "AI" "memecoin" combined I guess. Damn they actually mixed all 3 of these hype keywords. This is what I was thinking of doing! Anyways..

It pumped a lot and caused huge short liquidations. Who actually even bothers trading these anyways? Also why did this pump? No clue. Will the pump last? Will it be a rugpull? No clue.

Don't trade shitcoins, please. It's a gamble.

#ShortMaestro

$BTC Mmm yes... I love going back to shorting. Every long liquidation is someone's tears and suffering but all juicy profit to me. Yeah now that sounds like I'm a bad guy but well those longs would have been sucking my tears too if it omega pumped.

Anyways made some decent profit (Nothing huge, because I don't go overleverage) and will keep this short for a while. Also regarding $ETH , It seems like short squeeze has ended and now will go to a correction. Without a correction this pump will never exceed $4200.

Ok I said I wont trade $SOL , but here's some information for my followers. (I am still not trading SOL)

I keep seeing a lot of posts claiming that SOL will go to $250, $300, $500 or even $1000. Idk if these guys are throwing random numbers but the truth is, SOL breaking $200 is already a miracle.

So it is very unlikely that SOL will ever pump above $200 without some serious hype or manipulation (So it is a miracle).

And when you see posts like this everywhere, it usually means a dump.

Which leads to another tip on trading with basic social engineering using social media...

For example if every single NPC creators on Binance Square posts bullish about random coin with AI generated images yeah it's dumping. And vice versa.

#ShortMaestro

$BTC
I just shorted at $69,311 / Leverage: 5x (Actual leverage: 1.5x, due to spare margin).

Correction is likely after a quick short squeeze. Ideally you could go long right now to take profit from short squeeze, AND reverse to open a short at peak to profit twice, but then again who can tell where is the peak? Yeah there is no way to tell.

Also you are likely to get greedy from your long, wait for even more profit and don't take profit until it dumps which sends the price even lower than your long entry. << Is this you?

So whatever, I'm just gonna short with low leverage. I can wait even if the short squeeze is bigger than expected. This trade will be open for a while.

SUMMARY: I short now, although a short squeeze is in progress and more is anticipated, because I am low leverage and the correction will be around 67k minimum. Which is way lower than my entry.

#ShortMaestro

OK on $ETH long I am revising it. I think not trading is the best right now. Just closed everything and will wait.

#ShortMaestro

$ETH Whoops SL hit at 3725. Gonna re enter at 5x this time for a longer trade.

#ShortMaestro

#MarketSentimentToday $ETH
Flash pump expected I entered a 9x long at $3765, short squeeze until $3900, however after that pump is not guaranteed, also market is super volatile so set tight SL. I will consider going short when it pumps. So win both sides.

Market is moving so fast, you have to adapt every second. Stay safe and don't gamble bye

#ShortMaestro

$BTC Short position closed at 68.6k early

I am gonna take a break today so I closed it, I have no idea where it will go because I didn't do any research today

#ShortMaestro

$BTC Switched to short at 69k, 5x leverage. Nothing huge, just noticed that there's fresh long liquidations coming up so this is a fast trade, will consider closing from 67.5k

I did a lot of scalping today, made good profit from ETH short and will see a bit on how ETH moves before entering another short. Technically, ETH shouldn't drop below 3300. And ETH could pump to 4000 this weekend. However, any pump above 4100 seems unlikely. If I can get a good short entry near 3900 maybe I'll short again.

#ShortMaestro