There is going to be a lot of fear and greed on$ETH $BTC $SO | Quinn Angelia Pullens on Binance Square

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Quinn Angelia Pullens

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There is going to be a lot of fear and greed on$ETH $BTC $SOL these few days. Just hope there will be no grief. 😬 Maybe I’ll short after news spike, not sure yet.
 #binancefutures #BeginnerTrader #ETH🔥🔥🔥🔥 
  

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$ETH $BTC I warned you in the morning. But I genuinely didn’t expect this happen right on Monday 😳😱 Be safe and buy spot.

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✨Last week of February - still no bull-run $ETH is doing nothing for quite some time already in approx. 2600-2800 range. $BTC is similarly ranging in 95-100k. What does this mean? Market is waiting for new information. This week some new pieces of information are expected, but we cannot know in advance if they make market go significantly up or down this month. It is more likely than not that this week we will see breakout from the range into either direction, those will likely be a fakeout / closing-month-in-profit exercise. Break-out traders will be trapped long and short all over the place. It is more likely than not that crypto market still have an upside potential this year (IMHO, DYOR), if you believe in this like me, take this chance to accumulate more assets in spot closer to the bottom of the range and don’t panic sell when price go down briefly. Contracts trading in this range may have been profitable for experienced traders. But as risk of shakeout is getting higher so does the risk of futures traders liquidations. I’d suggest, stay away from futures this week. If you playing with so-called “hedge” mode, which is a scam, take your last chance and exit “hedge” trades. Absolutely stay away from futures all Thursday and Friday morning. Take some profit from spot holdings on Friday afternoon NY time if market gives us this chance 😀

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#MarketSentimentWatch I hope you can see that ByBit hack didn’t have any significant impact on ETH price yesterday, it still stays in a tight range. 400k ETHis 0.3% of total supply. That’s minor. I’m wondering what would be the next trigger for the crypto market to move.

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For almost a month $ETH is being kept in a tight range between 2600 and 2800. When market is like this retail traders don’t have any business participating in it. Most likely this is institutional accumulation. Alternatively it is just pause while waiting for new information to arrive. Want to trade like institutions? Stay away from market like this or gradually accumulate assets on spot. Bullish breakout from this zone is more likely than bearish, but manipulations before exiting this zone will probably be insane.

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$COOKIE Nice pin-bar sweeping lows. I guess next stop will be between 25 and 27. But may also continue this downtrend because of weekend #PriceTrendAnalysis

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