I like

Charts like $LTO are looking good. Nice shakout while we formed higher lows across most of alts. 3 weeks alt season now until election day sell the news? Yes please

no volume - no follow up. Be careful.

Last line

I correct, this is the last line. Major support hit here

Nice bounce, volume not convincing but a good start

I will be very honest, this is not looking great. TA wise, this is the last line that keeps us bullish. If we break below, we are not in a bullish structure anymore.
This intraday rejection is brutal and shows there is noone really left buying.
As long as we are above, there is hope left. As soon as we lose, bulls (including me) better start praying.

SPX only stayed above 6k but brutally got rekt afterwards. This is a bad H&S pattern and confirmed lower high.

Let‘s hope for a consolidiation.
TA wise, it clearly points -> down

This might be the reason btw.

I personally don‘t think anyone wants a recession and financial system crash. More people are invested than ever before.

Yet, I clearly pointed out the situation for over half a year now.

Do with this information what you want. I am repeating myself here but honestly I personally don‘t know what to do right now.

Would appreciate your thoughts

30% would be a retest of last ath 73k btw

But tl;dr: calm yo tits as long as we are above this

✅✅✅ Unusual Exchange Outflows
31,723.15 #BTC ($2,982,516,656)
aggregated outflows from multiple exchanges in an hour

1. Bitfinex 30,000 BTC (94%)
2. Coinbase_prime 985 BTC (3%)
3. Binance 517 BTC (1%)


Please note that large withdrawals from exchanges that don’t support custody solutions or OTC desks could be an internal transfer. We would change data if there is evidence of an internal transfer after investigating wallets.

View Chart | @cryptoquant_alert