Bitcoin Update
If you saw the market update video, you should have caught a BTC or ZEC short. Next steps:
1. After two months of consolidation, price finally reclaimed the 2024 Summer Range Key S/R Zone ($71k–$76k), confirming the level with a clean retest before pushing higher.
2. However, this move up has come on declining volume with significant resistance overhead. As discussed in last week's market update, the key test was whether price could push toward $86k heading into the weekend. It couldn't and we've since rolled over.
Price is now pulling back toward the lower S/R zone, which needs to hold. Losing it opens the door to a much deeper correction.
3. Two setups I'm watching:
• If we fail to hold and lose lower timeframe structure, I'd be looking for continuation shorts on a retest of the $75k range low.
• If we see a bounce and another push toward the highs, there's still a valid short setup around the $86k region, significant resistance remains overhead.
Very soon we’ll talk about the people who say getting a Web3 job is hard,but wake up every single day to click a testnet for 6-9 months waiting for a magical five-figure airdrop.
If you put even a quarter of that energy every day for 4–6 weeks into
▸ upskilling
▸ networking in web3 communities
▸ pitching yourself
▸ arranging your proof of work
you’d probably be stable by now.
But of course, we’re not ready for that conversation.
If there’s no hype in something, 90% of una nor dey ever gree do am.
Keep waiting for the next hype on the TL👏
There is a wallet on Hyperliquid i have been following his trades, in profit of $5M shorting most alts..!
People are making serious money from something that's this obvious.. shorting most alts