Well, unfortunately we went another leg down. I drew the next levels for you guys

A few days ago I talked to someone who knows nothing about financial markets. I respect that person but not on any financial discussion.

He told me that he sold all his stocks recently with decent profit and rotated into nvidia. It is now „cheap, only 130$“.

I said, it is currently sitting at ath and is the most valuable company in the world. He responded „good, it will keep going“

I opened a 2x short that night and am up 20%…

As soon as Coinbase is #1 in the app stores, I will exit my alt positions.

Good possibility it topped.

Long term 55-60$ target.

Will be true poison for all other stocks and crypto markets tho…

Quick $ZK TA: looking for this break and we should see a decent bounce. At least to 0.19

Good possibility that we get some relief rallye now

Well nope

Next support to be hit soon.

Wen max pain?

Not getting much lower for today here.

I guess I lied. But we must hold this. 57k wick would be acceptable

Not very convincing volume for a bottom. This sell off combined with the low volume = not good.
Still we should hold this yellow line at least 1-2 days

BTCd goes down.....👀

Alts usually bottom before BTC does. But we can have continuation. There is a good chance we have bottomed here. Would be a higher low. But can also be the beginning of the end.
Next days will decide

Biggest Support: 200D MA. This is the most important level to watch. Yellow line is less important

The two ranges to watch:
break through top, up.
Break through bot, down.

Anything between is pretty irrelevant for the macro trend. It would be good if we hover above the green line/200D MA/ yellow line. If we start consolidating below, I will remind you again :)

ETHBTC Update: We finally broke this massive downtrend properly. I wouldn't expect much more downside for eth.

BREAKING: VanEck officially files for spot Solana ETF.

@WatcherGuru

Everything going according to plan except the prices.

Btw, this will dilute BTC and can start the alt season

Currently, the BTC weekend trading volume stands at an all-time low of 16% in 2024, marking a 12 percentage point decrease from its peak of 28% in 2019