This isn’t over. And sadly, it's likely to get worse before it gets better.
We can't change what's happening, only adapt to it.
We can't change what's happening, only adapt to it.
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Show me the charts and I’ll tell you the news...
And they don’t look good.
And they don’t look good.
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CryptoCapo TG
For those asking what to expect in the potential event of a capitulation / black swan scenario: 🔸 $BTC could drop to the main support at $60k–70k (35%–45% from the current price of $109,300) 🔸 $ETH could fall around 45%–55%, potentially reaching the $1,000–1…
#MEMECOINS
As previously mentioned, memecoins would likely be the most affected by the bearish scenario, with potential drops of around 60%–80%. The rest of the altcoins would likely see drops around 50%–70%.
In fact, since turning bearish in May, many altcoins have already dropped significantly, even with $BTC still trading at similar levels. Once $BTC breaks below $100k, the real bearish acceleration will begin.
Here are a few clear examples.
As previously mentioned, memecoins would likely be the most affected by the bearish scenario, with potential drops of around 60%–80%. The rest of the altcoins would likely see drops around 50%–70%.
In fact, since turning bearish in May, many altcoins have already dropped significantly, even with $BTC still trading at similar levels. Once $BTC breaks below $100k, the real bearish acceleration will begin.
Here are a few clear examples.
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Every bounce looks like a dead-cat move to fade.
Alts are already down hard (30%-50%) from the May local top, but I don’t think the real capitulation has started yet.
Alts are already down hard (30%-50%) from the May local top, but I don’t think the real capitulation has started yet.
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#USOIL (WTI CRUDE OIL)
One of the few assets I’m bullish on in the coming days.
Expecting trouble in the Strait of Hormuz.
One of the few assets I’m bullish on in the coming days.
Expecting trouble in the Strait of Hormuz.
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CryptoCapo TG
$SOL update Rejection from the $170–200 zone, as expected. The main support zone has been tested multiple times, so it’s likely to be broken, and price should reach lower if we see a capitulation event (probably $60–80).
$SOL update
-First chart: April's bottom at $100
-Second chart: May's top at $170-200
-Third chart: current situation, after dropping 20% from the resistance zone.
After the current DCB, it's now testing another important resistance, which was support before (S/R flip). Main target remains $60-80.
-First chart: April's bottom at $100
-Second chart: May's top at $170-200
-Third chart: current situation, after dropping 20% from the resistance zone.
After the current DCB, it's now testing another important resistance, which was support before (S/R flip). Main target remains $60-80.
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Many altcoins have already retraced most of the dead cat bounce. Much lower prices are likely.
Stay safe.
Stay safe.
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Hope you all had a good weekend!
This week I'm going to be more active and share some interesting ideas.
This week I'm going to be more active and share some interesting ideas.
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GM!
As you know, I’ve been bearish since May 9th [https://x.com/CryptoCapo_/status/1920812200735719459] and I’ve been building short positions since then. I'm now fully net short and still adding, especially on altcoins.
Most altcoins are 30%-50% down from the May local top, which was called perfectly. The only asset holding up well is $BTC, mainly due to the institutional strategic reserves being accumulated. This creates constant buying pressure.
However, all of this buying pressure and the price is still at 108k? Something feels off... There must be bigger whales distributing here. A few days ago, several Satoshi-era (2009-2011) wallets got activated after 14 years, for a total of 80,009 $BTC ($8.69B):
[https://x.com/lookonchain/status/1941152575514198214].
We still don’t know if that supply will be sold, but it gives you a hint about what big players might be doing above $100k. And it all points to distribution.
As I've said before, $100k is a key level. A clean break below it would take the price to the next support level which is $92k-93k. A clean break below that, and the main target of $60k-70k would be reached and altcoins would drop a further 50%-80% in a capitulation event.
What could trigger such a strong bearish move? Well, charts always speak first and then the news follows. But there are several narratives, and in my opinion, the most likely one is related to the China–Taiwan conflict:
The China–Taiwan situation has been quietly escalating for months, and it's now reaching a critical point, even if it’s not getting much mainstream attention.
A partial or temporary blockade of Taiwan would likely have severe consequences for global markets. Taiwan is the backbone of the global semiconductor supply chain, producing over 60% of all chips and more than 90% of the most advanced ones. Even a short disruption could trigger panic in tech, energy, and shipping sectors. Supply chains would collapse, shipping routes through the Taiwan Strait would be blocked, and inflation could spike again. Asian markets would take the biggest hit, but global equities would follow. Risk-off sentiment would dominate, and crypto wouldn’t be immune. If tensions escalate further, this could be the event that triggers the full bearish move.
Stay safe.
As you know, I’ve been bearish since May 9th [https://x.com/CryptoCapo_/status/1920812200735719459] and I’ve been building short positions since then. I'm now fully net short and still adding, especially on altcoins.
Most altcoins are 30%-50% down from the May local top, which was called perfectly. The only asset holding up well is $BTC, mainly due to the institutional strategic reserves being accumulated. This creates constant buying pressure.
However, all of this buying pressure and the price is still at 108k? Something feels off... There must be bigger whales distributing here. A few days ago, several Satoshi-era (2009-2011) wallets got activated after 14 years, for a total of 80,009 $BTC ($8.69B):
[https://x.com/lookonchain/status/1941152575514198214].
We still don’t know if that supply will be sold, but it gives you a hint about what big players might be doing above $100k. And it all points to distribution.
As I've said before, $100k is a key level. A clean break below it would take the price to the next support level which is $92k-93k. A clean break below that, and the main target of $60k-70k would be reached and altcoins would drop a further 50%-80% in a capitulation event.
What could trigger such a strong bearish move? Well, charts always speak first and then the news follows. But there are several narratives, and in my opinion, the most likely one is related to the China–Taiwan conflict:
The China–Taiwan situation has been quietly escalating for months, and it's now reaching a critical point, even if it’s not getting much mainstream attention.
A partial or temporary blockade of Taiwan would likely have severe consequences for global markets. Taiwan is the backbone of the global semiconductor supply chain, producing over 60% of all chips and more than 90% of the most advanced ones. Even a short disruption could trigger panic in tech, energy, and shipping sectors. Supply chains would collapse, shipping routes through the Taiwan Strait would be blocked, and inflation could spike again. Asian markets would take the biggest hit, but global equities would follow. Risk-off sentiment would dominate, and crypto wouldn’t be immune. If tensions escalate further, this could be the event that triggers the full bearish move.
Stay safe.
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Important Reminder
I do not have any Instagram or other social media accounts besides X and Telegram. Please be cautious and avoid falling for scams or impersonators.
You can find me only on:
X (Twitter): https://x.com/CryptoCapo_
Telegram: https://news.1rj.ru/str/CryptoCapoTG
Any other accounts claiming to be me are fake.
Also, Telegram may display ads due to their own policy. I don’t control them, and they are not related to my content.
Stay safe and always verify information carefully.
I do not have any Instagram or other social media accounts besides X and Telegram. Please be cautious and avoid falling for scams or impersonators.
You can find me only on:
X (Twitter): https://x.com/CryptoCapo_
Telegram: https://news.1rj.ru/str/CryptoCapoTG
Any other accounts claiming to be me are fake.
Also, Telegram may display ads due to their own policy. I don’t control them, and they are not related to my content.
Stay safe and always verify information carefully.
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