LaCryptoLycus🐺

Parabola Hunter | Trader & Analyst | tweets ≠ FA | I'll never DM for funds

[LaCryptoLycus🐺 @CryptoLycus]

Not much to like in the market today, but $MSVP is doing its own thing. Up strong while most charts are bleeding, which makes me bulish .

Since the DEX launch, it’s been quietly picking up traction on the BSC side, and liquidity looks way more alive than it did early on.

Strength like this in a red market usually isn’t random often means someone’s positioning ahead of a catalyst.

With CEX exposure now live, visibility can scale fast from here.

Definitely one to keep on my bags.
https://t.co/sJKSBXBxwr

DYOR | NFA

[Ash Crypto @AshCrypto]

Fckkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk

[Crypto Rover @cryptorover]

WHAT HAPPENED TODAY IS A ONCE-IN-A-DECADE THING 🚨

Everything was going well until the US market opened.

$BTC started to dump first, and then everything went downhill.

In the next hour:

Gold dumped 8% and erased $3.1 trillion.
Silver dumped 12% and erased $700 billion.
S&P 500 dumped 1.3% and erased $800 billion.
Crypto market cap erased $110 billion.

In a span of one hour, over $5 trillion was wiped out from these assets.

This is equivalent to the GDP of Russia and Canada combined.

But what triggered this?

For gold and silver, leverage was the biggest trigger.

Retail FOMOed at the top, and they got wiped out in an hour.

For crypto and stocks, US-Iran escalation was the trigger.

USS Abraham Lincoln has gone dark, which signals possible preparation for action against Iran.

Overall, today’s event is something that will be remembered for a long time.

[LaCryptoLycus🐺 @CryptoLycus]

@Eveningtraders How did he transfer unlisted $LIT from Binance?

[LaCryptoLycus🐺 @CryptoLycus]

What I like about @Lighter_xyz is that they are clearly focused on growing the value of $LIT. They are using most of their fee revenue for buybacks and in less than a month they have already bought back around 2.4M $LIT, close to 1% of the circulating supply

$LIT has real use cases like staking rewards, fee discounts and upcoming fee tiers. Yes, right now the market is weak so the price action is slow but once conditions improve and the narrative builds, Lighter looks well positioned for long term growth 🕯️

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

There are two CME gaps sitting around $89,400 and $93,200 for $BTC. Usually, most of the time these gaps get filled easily.

I will be looking for a new position once these gaps get filled

[LaCryptoLycus🐺 @CryptoLycus]

$SOL has once again moved down toward its major support level that has been holding since 2024. This area is very important because we have seen a similar situation in mid 2022, where it's price briefly moved up from support and then reversed sharply creating a bull trap

If $SOL fails to hold this zone then history might repeat once again. From my analysis, I believe there is a high chance that $SOL could drop below the $100 level if this support breaks

#DYOR

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

$BTC, in comparison with Gold looks very weak after making a lower low on the weekly timeframe. I expect $BTC to dip toward its first support which is sitting around the 15 zone

Until and unless Bitcoin recovers from its local support then the money will keep flowing into gold and other precious metals. For here, I expect some dip in $BTC

[LaCryptoLycus🐺 @CryptoLycus]

Did you notice that from the last 2 months, $BTC hasn’t been able to break above its range? 👀

I don’t know why, but looking at the current weekly structure, $BTC looks bearish as it is slowly creating a head and shoulders pattern. If that pattern gets confirmed then very soon we could see a bloodbath 🩸

[LaCryptoLycus🐺 @CryptoLycus]

The support for altcoins is still holding well

As mentioned earlier, we might see a pump first and then a drop toward the support zone and that is exactly what is happening now. This setup has repeated many times before where price moves up first and then comes back toward the support area

From here, I am expecting a good rally as long as the price stays above the support zone.

[LaCryptoLycus🐺 @CryptoLycus]

The ascending wedge support for altcoins has held beautifully once again, clearly proving that this repeating pattern can play out multiple times

Each time price comes down to this area, it finds support and moves higher as we have seen now and some altcoins have delivered almost 50–80%

From here, I am expecting some upward move before dropping once again to its support zone

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

I am going to place my @zama bet on @Polymarket

I think Zama could easily launch above a $1B FDV on Day 1. That would be around a $796 return on my $100 bet, which is roughly 79x

This is a risky trade so don’t follow blindly #DYOR

[LaCryptoLycus🐺 @CryptoLycus]

$ZRO has finally moved out of its long downtrend after many months. It has already gone up around 46% just after breaking its resistance

Last time when it has break its resistance it made a rally toward an ATH. As long as it stays above the breakout area and breaks the $3 resistance then I expect $ZRO price to move towards $8

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

The @zama sale is looking strong so far. It has already raised $27M and a lot of people is showing interest in this sale in such a market conditions. Also, many are waiting until the last moment to place their bids

I am definitely aping in 🚀

[LaCryptoLycus🐺 @CryptoLycus]

$ARB looks close to the end of its long downtrend and is trying for a positive reversal

The price is moving sideways near the lower trendline which suggests that the downside pressure is reducing. This type of consolidation often appears before a move higher. If $ARB breaks outside the descending resistance then the structure could shift positively for a strong upward move after a long period of weakness

Keep an eye on them 👀

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

There is still a lot of liquidity sitting above $90K. It should hunt that liquidity before the weekend because the daily MACD crossover is still showing weakness

We might get a fake trap from both sides, so it’s better to avoid futures for now

[LaCryptoLycus🐺 @CryptoLycus]

This is the reason why $BTC pumped and then dumped within a week

It made a false pullback around its support to wipe out retailers and then pumped toward its strong resistance to trap retailers again. And I hope we might see $USDT dominance come near 5.80% before breaking the 6.50% level

You know what to do 👀

[LaCryptoLycus🐺 @CryptoLycus]

Things have mostly played out as expected 👀

$USDT dominance dropped below its short term support but it didn't break its strong 5.80% support that I mentioned earlier. During this drop, some altcoins performed very well as money moved out of stablecoins. However, the rejection near 5.80% shows that this level is still acting as a strong base

From here, I expect $USDT dominance to move up and break its resistance for a short time but it could slow down altcoins before the next move

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

$BTC is just above its weekly support line and whenever it consolidates around this zone, it delivers huge rallies and then makes a new ATH

As long as it consolidates above its support, we are safe and if it falls below then we will be heading towards $75,000

[LaCryptoLycus🐺 @CryptoLycus]

I am more down on my $LIT long position

Instead of pumping, it keeps on making daily lows. I won’t close this trade very soon. I hope the team will do something to pump its price. Also, the crypto market is dumping now

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

Whenever I jump into futures, I don’t know why the market dumps hard. My $LIT position is down -34% lol

Either my luck isn’t lucking or my analysis isn’t analysing 🤣

[LaCryptoLycus🐺 @CryptoLycus]

GM X ☀️

$BTC has returned to its original price where it was 7 days ago. The previous pump was manipulated as there was a large inflow from all the CEXs to trap the retailers

And now it keeps on dipping

[LaCryptoLycus🐺 @CryptoLycus]

Unbelievable to see such a pump in the current market conditions. $DUSK is another privacy narrative token just like $ZEC and $ZEN

It has pumped more than 900% in just one month which proves that privacy narrative tokens are worth watching this season