888trader

I am a newbie crypto and forex trader. I’m always looking to learn new strategies and maybe explore other ways of trading. Goal is to become a day trader.

[888trader @888trader1]

@cryptosymbiiote No

[888trader @888trader1]

@TedPillows Not good we’ll get rekt during market open

[888trader @888trader1]

@Vivek4real_ So that means it is Tom Lee saying ETH will lose strength to BTC even more?

[888trader @888trader1]

@seth_fin I believe ETH has a CME gap somewhere in the $2000’s still unfilled

[888trader @888trader1]

@hannah_geo Which ones need clearing up?

[888trader @888trader1]

BTC ETFs flipped positive July 2: +$223.5M net (FBTC +$166M, ARKB +$91.8M), first green day since Jun 22-23. IBIT still -$40.4M though.

On-chain lines up: net ~1,200 BTC moved INTO exchanges, mostly Coinbase Institutional — the custodian for several spot ETFs. Looks like real creation activity (APs delivering BTC to mint shares), not noise.

Opposite of July 1, when ETFs were net outflow but BTC was leaving exchanges (basis-unwind pattern). Two clean, opposite days back to back.

Data: @FarsideUK, @whale_alert

[888trader @888trader1]

@QuintenFrancois It’s not market is irrational it is ethereum:0x514910771af9ca656af840dff83e8264ecf986ca inflating too much and no buy back or burn mechanism.

[888trader @888trader1]

BTC ETFs bled -$296M on July 1 (IBIT -$219M, GBTC -$63M) even as price held up. Meanwhile on-chain: net ~2,500 BTC left exchanges same day.

Structural (ETF/basis unwind) selling + spot accumulation. Not the same trade.

No, it's not yen intervention — that hasn't fired yet. It's the hawkish Fed repricing (80% odds of a Dec hike) hitting risk assets broadly, USDJPY included.

Data: @FarsideUK / @whale_alert

[888trader @888trader1]

@cryptojack Look at the last divergence it barely went up

[888trader @888trader1]

@danxtrades I’m worse than you I can’t even show it’s too embarrassing

[888trader @888trader1]

@TedPillows I'd rather wait for a bigger pullback before shorting more.

[888trader @888trader1]

$IBIT just posted its worst single-day outflow of the month. On-chain, BTC was quietly accumulating at the same time. Same day, opposite signals.

Jun 29: IBIT -$300.4M (worst single-fund day this month), GBTC -$35.1M (reaccelerated after 2 quiet days). Total -$231.0M, despite ARKB and MSBT both printing positive.

On-chain same day: ~4,522 BTC out to cold storage vs ~3,304 BTC into Coinbase Institutional. Net ~1,218 BTC accumulated. Plus $500M fresh USDC minted, $100M of it funneled straight to Coinbase Institutional — likely OTC buy-side.

Which wins? Magnitude. IBIT's -$300.4M dwarfs the ~$75M of on-chain accumulation. Could mean two completely different participant groups acting independently — but on raw size, ETF selling is driving today, not on-chain buying.

Month-to-date: -$51.4B cumulative. No floor found yet.

Data: @FarsideUK https://t.co/nTHYyLDd4K | @whale_alert

[888trader @888trader1]

@TheMoonCarl Eth, Bnb and hype because they have the best inflation rates

[888trader @888trader1]

@CryptoPatel @cz_binance Very good choice low inflation

[888trader @888trader1]

@Ethprofit Might be true let’s see what BTC.D does

[888trader @888trader1]

**USDT.D tapping 9.269% resistance for the 3rd time since Feb 6 — and this time daily RSI + MACD are both rolling toward bearish divergence.

Meanwhile BTC.D is just holding 58-59%, not breaking either way.

If USDT.D rejects here while BTC.D stays range-bound, that’s not “money into BTC” — that’s capital rotating out of stables straight into alts. Classic alt season setup.

Watching for the daily close back below the range to confirm.**

NFA, just tracking the divergence.

[888trader @888trader1]

@CryptoMichNL Something with low inflation:
-ETH
-BNB
-HYPE

[888trader @888trader1]

@TedPillows Bear market going further down?

[888trader @888trader1]

@capexbt Don’t forget about FTX liquidations

[888trader @888trader1]

BTC closes its 2nd consecutive red 6-month candle Jun 30. History says that's exactly when bear markets end.

2017-18: H1+H2 2018 both red, then H1 2019 reversed.
2021-22: H1+H2 2022 both red, then H1 2023 reversed.

Both cycles: exactly 2 red 6-month candles before the turn. We're there again — H2 2025 + H1 2026 both red.

The part most miss: in both cycles, the actual bottom printed MID-candle, not at the close.

2018: low $3,122 → closed $3,693 (+18% off the low)
2022: low $15,476 → closed ~$16,500 (+7% off the low)

The close confirmed the low was already behind it, both times.

This cycle: BTC wicked to ~$58K this month. Price now ~$60K, ~3.4% above that low — right in line with both prior recoveries-into-close.

If the pattern holds, $58K already printed the bottom.

Caveat: n=2. Real pattern, not a law. Can break on the third try.

But it's now a 3rd independent signal pointing at H2 2026, alongside July seasonality and the basis trade unwind nearing completion.

Watching $58K. Watching Jun 30.