There will be more $PYTH airdrops for people that have used those applications. Literally pancakeswap is on there, meaning everoyne should be eligible somehow. Not sure tho how exactly it is working, yet.

$SOL rentered its bull channel.

BTC

Potential for LINK

According to this, largest holders are incrasing their bags, smaller selling.

This would align with my feeling that the volume is basically the etfs rn.

It makes sense, all smaller investors fomo‘ed the last year into the etf news.

Now they sell.
Wait till they are done selling and start realizing, that the institutions are actually buying into all of this.


Why are they buying?

Evergrande is dieing, China‘s markets are imploding, US hitting ATHs in debts, banks are dieing, we have crazy inflation world wide and meanwhileSPX hits new ATHs.

Guess what is the solution? Right. It is Bitcoin. It is finally time for BTC to start function as the asset it was designed for: a save asset that is immune to all the manipulation an printing that is going on everywhere.

Oh and btw: alts are still undervalued.

Jup, here we go. Target hit. Now becomes the crucial part: We need to pump through here to invalidate a double top.

Happy rollercoaster ride today guys :)

If we reject here, this is a short term sign of confirmation of a rejection

nope, not yet

Shorters rekt

What now?

Honestly, there is a lot of unclear stuff ahead. It would be healthy to retest the 48.9k high again and then pump further. Not sure how much relevance this green uptrend has, but we might reject here.

50.000 is a natural resistance.
Other than that, we are are still 19k ish away from ATH with a lot of volume inbetween. We gotta look at it on shorter time frames.

As always, I'll keep you updated. Let us hope we close today above 48.9k.

Other than that, enjoy the ride ❤️

short-term retracement incoming