Macro & Crypto calendar for the week of 11/16/2023.

Big days ahead with CPI and Shanghai upgrade. Manage risk.

btc > $30k

daily volume still seems a bit suspicious ngl but 4h breakout volume seems reasonable

daily volume on the breakout candle is still generally lower than the average daily volume in 2023

not sure if the pump is sustainable but it seems that sell wall at 29k was slowly removed after btc refused to breakdown from accumulation

will be observing and possibly shorting since risk is lower w invalidation @ 31.5k

SOL finally moving??

ETH somewhat a rising wedge

potential breakdown upon shanghai?

you love to see it 🔥

when too many people expect to sell the news, market makers pump it up instead -> side liners fomo in

its been awhile since such a green day enjoy it everyone!

arb zoomin

ngl this caught me off guard

https://twitter.com/0xjaypeg/status/1646550326965862400?s=20

#reads danksharding

For those ready to nerd it out and become at expert in understand ETH’s scaling solution over the next few years, give this a full read. It’ll strengthen your conviction in ETH + give you an edge on what’s to come/knowledge dominance

Bookmark this to read during the weekend frens (Proto-Danksharding is under Section 3.14)

ive been farming $ZRO airdrop the past few days and i reco that you hit at least 10 transactions to be in a better position

you can check here
https://dune.com/queries/2300794/3768773

just keep bridging and bridging (avoid eth to save fees)

BTC price quotes now available on Twitter

https://cointelegraph.com/news/btc-price-quotes-now-live-on-twitter-following-etoro-partnership?utm_source=Telegram&utm_medium=social

shorts proven to be profitable w invalidation @ 31.5k - stops should be at BE rn

with BTC back into db, next steps would be looking to see if it reaccumulates within (sign of strength) or breaks down further

MEV Blocker helps to prevent sandwich attacks like these ^

pretty easy to add and use - worth considering!

https://mevblocker.io/

correction: i meant sandwich attacks like these ^

"If you are an investor, or a trader, do not worry about the death of the dollar. It’s always imminent. It’s totally irrelevant to any investment process. The external value of the dollar and its usage in global transactions is incredibly stable. You can take a cyclical view on the USD (bullish or bearish) but taking a structurally bearish view has not been and will not be the way to optimize your portfolio or your framework for decision making.

Make a distinction between A) the gradual erosion of fiat in favor of harder assets like BTC, gold, and real estate, and B) the hysteria around the end of the dollar or dedollarization. The first one is happening, the second one probably will not happen in my lifetime or my kids’ lifetimes. The gradual erosion of fiat due to loose policy required to fund large deficits is a thing. Dedollarization is not."

https://www.spectramarkets.com/amfx/dedollarization-is-not-a-thing/

#reads

"Fundamental investors will likely rely on their memories to make probability judgments, matching prospective investments to similar ones that worked in the past. And they are more likely to project the recent returns and correlations of different asset classes to remain constant. Quantitative investors, in contrast, will draw on a fuller probability distribution and, ideally, be able to make more accurate probability assessments that are not as biased by recent experience and human memory."

interesting short read on memory and probability judgements

https://mailchi.mp/verdadcap/memory-and-probability?e=b838bc224f

#reads