Same as yesterday, this looks more like a bear trap than the start of the bearish continuation leading to the black swan event, which should happen over the next few weeks, but not just yet.

A reclaim of $100k would be the confirmation for another test of the liquidity at $105k-110k. It could happen over the weekend.

Plan remains the same.

First a bounce, then the strong bearish move (capitulation / black swan event)

Have a good week!

As you know, I'm overall bearish, but this current bearish wave looks overextended and there's a lot of liquidity above.

I think this is a local bottom here for a few days. Alts should bounce harder than $BTC, especially AI tokens.

Positioning remains the same as here, but I've just taken some profits from the short positions: https://news.1rj.ru/str/CryptoCapoTG/1334

$ETH

After deviating above the 2021 ATH, it has retraced almost 50%.

As I’ve been saying over the past few days, this bearish leg now looks very overextended.
Price is finding local support, and sentiment is turning extremely negative.

Crypto market looks set for a short-term recovery move (relief bounce), before the next leg down.

Novembear so far.

Interesting how when price was above $100k, the majority was calling for higher.
Now that price has almost touched $80k, more and more are calling for $60k-70k.

This is another reason why I think the market bounces first before reaching that target and even lower.

Local bottom and bounce idea playing out so far.

It should last longer and go higher. I will let you know when I think it's over and things turn bearish again.

Looks like $90ks are next. Alts should outperform, especially AI and Privacy.

90ks reached ✅

Expecting most altcoins to start outperforming soon, for the next few days.

I agree and think this move from the local bottom should go higher, with $BTC potentially reaching over $100k [https://news.1rj.ru/str/CryptoCapoTG/1360], and $ETH between $3,5k and $4k [https://news.1rj.ru/str/CryptoCapoTG/1357]

However, I don't agree with the idea of Bitcoin going to new ATHs. I've seen many posts calling for new highs, $150k or even higher.

I believe the bull cycle trend has been broken, and the cycle top should already be in for Bitcoin. This current move should end with a lower high.

New ATH for #SILVER (XAG).

Altcoins look about to pump. Especially ISO 20022 tokens, Privacy and AI...

Short-term bullish. Have a good weekend!

This could be the next ZEC if it manages to break that multi-year resistance...

$BTC is holding well above $90k. Some alts are starting to pump.

There's a reason I flipped short-term bullish near the local bottom. Until there are no signs of weakness, the bounce continues.

Let's see how this week plays out.

I didn’t expect this shakeout, because that’s exactly what it looks like. It doesn't change anything.

Key levels to reclaim now:
- $BTC: $90k
- $ETH: $3k

This should be the first LTF higher low.

$BTC idea

Still same.

Shakeout confirmed.

It always looks easy in hindsight.

But when you’re in the middle of the noise, nothing is easy.

Staying calm and convinced is what makes the difference.

This is going higher.