CME Gap closed 👍

Started bidding some tokens I like. ENA, MNT, AAVE, SYRUP, LTC, BTC & ETH

Key levels for me remain 112K on BTC & 4.1K on ETH for the mid term bullish bias.

Will keep looking for longs and keep invalidation pretty wide to account for further flushes potentially.

Overall mainly spot exposed which is what I am focussing on the most.

These are all low leverage, relatively wide invalidations.

Think there’s a case to be made for BTC & ETH to both go a bit lower first. 114-115 & 4.2-4.3 can easily get tapped and the structure would still look perfectly fine.

We’ll see what we get. Have a good weekend! :)

Nice bounces on most of these coins, primarily MNT.

Did TP some here and there. Still holding my spot obviously. Just don't want to overstay in perps when we get a bit of a weekend move.

I do generally think these levels should be holding for the bulls. Anything below last week's low wouldn't be good short term imo.

Let's see what next week will bring us :)

Current statistics do say it’s unlikely that the daily & weekly high hold (117.5K).

Less than 10% chance they do. So keep an eye on that. Think the lower the market goes, the better the risk/reward for longs will get this week. Even if it’s just for some relief to that area. 👍