to the moon coins
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People think im calling for .50, but that was not the point.
This tweet is to give perspective and temper expectations (not just for $FET ), after an increase of 6500%.
The indicated level was the last point of major resistance before going full bull (another 6x) after which it dropped 70%.
A drop of 70% cant be classified as just a pullback. For FET i would aregue this was/is a (mini) bearmarket, that tends to take 3-6 months, until bullish structure returns.
Although the current structure is still bearish, I do see early signs that indicate a bullish structure is forming(daily divs, monthly poi, sweep of liquidity, BTC potentially reclaiming prior range).
Im not bearish on FET, rather i called the bullish expansion in advance as well as current lows. Now im looking for bottoming structure.
Again, this post was about perspective and tempering expectations. Because God knows some of you need it.
This tweet is to give perspective and temper expectations (not just for $FET ), after an increase of 6500%.
The indicated level was the last point of major resistance before going full bull (another 6x) after which it dropped 70%.
A drop of 70% cant be classified as just a pullback. For FET i would aregue this was/is a (mini) bearmarket, that tends to take 3-6 months, until bullish structure returns.
Although the current structure is still bearish, I do see early signs that indicate a bullish structure is forming(daily divs, monthly poi, sweep of liquidity, BTC potentially reclaiming prior range).
Im not bearish on FET, rather i called the bullish expansion in advance as well as current lows. Now im looking for bottoming structure.
Again, this post was about perspective and tempering expectations. Because God knows some of you need it.
$ETH | Grayscale sold almost $500m.
As expected $ETHE has outflows probably due to their high fees of 2.5%.
Price dumps, pump will follow eventually. Grayscale only holds 10B in value. If this selling pressure stays stable it would take only 20 days to offload everything
As expected $ETHE has outflows probably due to their high fees of 2.5%.
Price dumps, pump will follow eventually. Grayscale only holds 10B in value. If this selling pressure stays stable it would take only 20 days to offload everything
We could be weeks away from a huge run.
I would be stacking some of these AI narrative coins with low to mid market caps:
$AGC - 14m
$ATH - 300m
$DNX - 48m
$IO - 260m
$NOS - 130m
$TRIAS - 90m
Which is your favourite?
I would be stacking some of these AI narrative coins with low to mid market caps:
$AGC - 14m
$ATH - 300m
$DNX - 48m
$IO - 260m
$NOS - 130m
$TRIAS - 90m
Which is your favourite?
new news crypto!!
$RNDR | Bounce baby.
Lows swept, dialy divs and potential break of trend.
Lows swept, dialy divs and potential break of trend.
$TRIAS | Entire move retraced
Turn the turbo back on.
Turn the turbo back on.
Are we still to experience and alt season?
Alt season refers to a specific period within the crypto market cycle. During this time, alt coins experience a significant surge in price compared to Bitcoin.
We have seen this happen during this cycle already, however not with every altcoin. Still some are waiting basing their expectations on the BTC dominance chart.
In my opinion waiting for alt season based solely on $BTC dominance is an outdated theory for 2 reasons:
- ETFs,
- Dilution of altcoin market.
BTC has and will outperform the majority of the market with exceptions to a few alts depending on their narratives(this cycle):
- RWA
- Memes
- AI (Depin, Data etc).
- Etc.
Can there still be an "altseason"? Sure, data suggests money flows from bitcoin to alts in specific ways. For example, this cycle one that is infamous: $BTC > $SOL > Memes.
You can not deny we had a meme season. This is your mini altseason, or rather 'narrative season'. We have seen other narratives, as mentioned above, pump. Why would you not consider this as alts having their 'season' or their 'significant surge in price' against bitcoin?
Money flows. Just not everywhere. There is simply too much dilution of tokens and so only a few experience this surge.
Is there another alt season this cycle? That remains to be seen. From my observations, this cycle has similarities with previous ones while also having its differences. Therefore I'm not risking my net worth based on: -it has been so it shall be again- theory.
I conclude. ETFs and dilution of the market prevent the entire altcoin market to pump. However, specific narratives and altcoins surged in price against bitcoin this cycle.
In other words: 'Narrative Season'.
Alt season refers to a specific period within the crypto market cycle. During this time, alt coins experience a significant surge in price compared to Bitcoin.
We have seen this happen during this cycle already, however not with every altcoin. Still some are waiting basing their expectations on the BTC dominance chart.
In my opinion waiting for alt season based solely on $BTC dominance is an outdated theory for 2 reasons:
- ETFs,
- Dilution of altcoin market.
BTC has and will outperform the majority of the market with exceptions to a few alts depending on their narratives(this cycle):
- RWA
- Memes
- AI (Depin, Data etc).
- Etc.
Can there still be an "altseason"? Sure, data suggests money flows from bitcoin to alts in specific ways. For example, this cycle one that is infamous: $BTC > $SOL > Memes.
You can not deny we had a meme season. This is your mini altseason, or rather 'narrative season'. We have seen other narratives, as mentioned above, pump. Why would you not consider this as alts having their 'season' or their 'significant surge in price' against bitcoin?
Money flows. Just not everywhere. There is simply too much dilution of tokens and so only a few experience this surge.
Is there another alt season this cycle? That remains to be seen. From my observations, this cycle has similarities with previous ones while also having its differences. Therefore I'm not risking my net worth based on: -it has been so it shall be again- theory.
I conclude. ETFs and dilution of the market prevent the entire altcoin market to pump. However, specific narratives and altcoins surged in price against bitcoin this cycle.
In other words: 'Narrative Season'.
$AVAX | I was expecting the reclaim a bit too early.
However current set up is even better. 2nd touch on htf poi + daily sweep + daily divs + pinbar.
Reclaim of prior range would give me a towards $40 as bias.
However current set up is even better. 2nd touch on htf poi + daily sweep + daily divs + pinbar.
Reclaim of prior range would give me a towards $40 as bias.
$BTC | Beginning of the Bear or still a bullmarket?
I might write a thread today on this topic, but the TLDR is:
100 and 200 (E)MA.
I might write a thread today on this topic, but the TLDR is:
100 and 200 (E)MA.
If your parent didn’t teach you about financial literacy.
That’s their fault.
If you don’t teach yourself about financial literacy.
That’s your fault.
That’s their fault.
If you don’t teach yourself about financial literacy.
That’s your fault.
.
MANTRA
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MANTRA is excited to announce an exciting new giveaway for the Sherpa community 🎁
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Head over to Binance Square Giveaway and follow the steps to participate!
Nice comparison overview and thread on GPU projects!
$RNDR
$NOS
$AKT
$NMT
$ATH
$IO
Which one has the most upside from here?
$RNDR
$NOS
$AKT
$NMT
$ATH
$IO
Which one has the most upside from here?
Had a great time showing how easy it is to deploy a cluster @ionet and what stunning images @bc8_official generates at an irl event - Kryptostok in Poland💙
Follow me for more and repost.
Follow me for more and repost.
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