DonPanick

Hustling through charts and cards

[DonPanick @D0npam]

yea, that part might be rough for Strategy, but I'm looking at it from BTC price action, not their balance sheet... if he market-sells billions and BTC still holds 60k, that's bullish for a short term relief bounce around 67-68k. Just my view though, and I honestly don't know what to think if he bought instead...

[DonPanick @D0npam]

@blknoiz06 Yep man exactly what I meant https://t.co/qhzwx1CDwS

[DonPanick @D0npam]

Overall the crypto market is acting like trash, we had 3 months of consolidation and untapped liquidity left behind, all vanished in less than 2 weeks. Price action on $BTC is really concerning and new lows seem certain.
Nevertheless, I'm witnessing an unprecedented atmosphere on my CT. I see many traders and KOLs shilling and in euphoria over some altcoin chart. It feels weird, and I'm looking forward to how this ends. This is the kind of market psychology that'll be worth studying in hindsight, the euphoria around a few very strong coins while BTC looks desperate. But my stand is we're due for a larger correction. As long as $HYPE, $ZEC, $NEAR, $WILD or $VVV keep trading like this, we're not getting any form of bottom on the overall crypto market.
I'll call the bottom when there's no crypto left to hide behind and pretend to be a winner.

[DonPanick @D0npam]

Overall the crypto market is acting like trash, we had 3 months of consolidation and untapped liquidity left behind, all vanished in less than 2 weeks. Price action on $BTC is really concerning and new lows seem certain.
Nevertheless, I'm witnessing an unprecedented atmosphere on my CT. I see many traders and KOLs shilling and in euphoria over some altcoin chart. It feels weird, and I'm looking forward to how this ends. This is the kind of market psychology that'll be worth studying in hindsight, the euphoria around a few very strong coins while BTC looks desperate. But my stand is we're due for a larger correction. As long as $HYPE, $ZEC, $NEAR, $WILD or $VVV keep trading like this, we're not getting any form of bottom on the overall crypto market.
I'll call the bottom when there's no crypto left to hide behind and pretend to be a winner.

[DonPanick @D0npam]

@drews888 @vibhu @SolanaFndn @PhoenixTrade Gg man, been following you since the leaderboard of @OathOfShadow ! Good work boss

[DonPanick @D0npam]

@Cbb0fe @variational_io Tu aurai du check tes dm boss

[DonPanick @D0npam]

Far from being a genius for calling soon $50 on $HYPE. Like many of us and I think it's common mid-curve strategy, I'm not fully exposed as I wanted to be on $HYPE with my spot bag. I still think $BTC has a long road ahead before breaking out of bear market price level.
So far, no rush on $HYPE, we've got plenty of time to buy this coin, even if it's higher but in clearer macro-context that make more sense to me.
$50 still is a resitance level until proven otherwise.

Hyperliquid

[DonPanick @D0npam]

I mean, $50 for $HYPE seems quite obvious now

Hyperliquid

[DonPanick @D0npam]

@Crypto_Chase @captain_kole yo Chase, btw can you check your whop dm ? thx boss

[DonPanick @D0npam]

I mean, $50 for $HYPE seems quite obvious now

Hyperliquid

[DonPanick @D0npam]

I'm extremely bullish on $HYPE, but I have 2 possible HTF short scenarios for the coming weeks. These scenarios are how I see $HYPE evolving so I can finalize a massive spot bag. Because even though you see all of CT calling for HYPE at $50 (still possible in the next few weeks), I'm convinced we'll have plenty of time to load this gem before the next big leg up (targeting $100, who knows?).

Scenario 1: Local top at ~$44 is in, and the breaker plays out for a potential retest of the $29–32 area. The H12 signal trigger is already in place, and you could also position yourself inside the H12 breaker.

Scenario 2: Local top is not in yet, in which case, wait for a market shift on the 3D / Daily / H12 inside the weekly breaker before positioning. This scenario becomes more likely if we see market strength build over the next 2 weeks alongside the ceasefire.

Either way, I don't think we've hit the bottom on stocks/risk assets yet, which is exactly why I'm tracking these two scenarios while riding spot $HYPE, ready for the next bullish leg.

[DonPanick @D0npam]

@jords @alex_hunter20

[DonPanick @D0npam]

@Frederi55284379 No offense, mais comment expliques-tu le fait que des traders utilisant uniquement l'AT, out perfom le S&P et créent littéralement des sommes vertigineuses ? Je sais que c'est un très faible % mais je suis pas autant radical sur le fait qu'i n'y a pas d'ev dans l'AT.

[DonPanick @D0npam]

Completely agree, and this app is the product of evil when it comes to risk tolerance. During easy times you see so many people posting crazy numbers.Their risk tolerance is just out of touch with reality, and it varies massively from person to person. Risk tolerance ≠ risk management

[DonPanick @D0npam]

Small update on this BTC short ; I got stopped out for -0.2R. I managed this trade poorly. I was too slow to move my SL to BE, I saw the H12 bullish SFP right at the breaker and didn't take any profits. I'm just a bit skeptical about the recent PA, I'd prefer a sweep of the last H12 OB for a cleaner continuation (see last post). I think we need to shake out the late bulls before any serious push toward 85k. Still watching the market closely. I think there'll be plenty of opportunities to make money soon.

[DonPanick @D0npam]

Took this short setup on BTC at the high of the range. For any bullish continuation, I think you want a sweep of this H12 OB and an immediate reaction toward the 80k's, that's where I'll look for TP.
If the reaction isn't what I want, I'm glad to have some short exposure here, where people are still maintaining bullish arguments and saying we printed the bear market low.
Another short entry: H12 close through 77200, then a retest to compound or initiate a short.

[DonPanick @D0npam]

So you're taking in your math that a + $100 win is larp ? what about people who try to build a trading account by risking 1% per trade ? I mean of course someone who is yapping like a whale and flexing a 10$ pnl, that makes sense, but you could have people who share wins that matter relative to their acc.

[DonPanick @D0npam]

Took this short setup on BTC at the high of the range. For any bullish continuation, I think you want a sweep of this H12 OB and an immediate reaction toward the 80k's, that's where I'll look for TP.
If the reaction isn't what I want, I'm glad to have some short exposure here, where people are still maintaining bullish arguments and saying we printed the bear market low.
Another short entry: H12 close through 77200, then a retest to compound or initiate a short.

[DonPanick @D0npam]

Decisive time for our favorite orange coin. We're approaching range high, and with S&P printing a funny new ATH in this macro environment, I expect BTC to at least run a bullish short-term playbook.
I don't want to rush into a big long position, we'll have plenty of opportunities on alts to aggressively long trend continuation. Need to remain patient, range high remains a short opportunity until proven otherwise.

[DonPanick @D0npam]

@jords Very smooth to read, and I think it's quite ironic seeing people bookmark longer articles than usual because 'they think' (and sometimes I'm part of it) they'll read them later

[DonPanick @D0npam]

I'm extremely bullish on $HYPE, but I have 2 possible HTF short scenarios for the coming weeks. These scenarios are how I see $HYPE evolving so I can finalize a massive spot bag. Because even though you see all of CT calling for HYPE at $50 (still possible in the next few weeks), I'm convinced we'll have plenty of time to load this gem before the next big leg up (targeting $100, who knows?).

Scenario 1: Local top at ~$44 is in, and the breaker plays out for a potential retest of the $29–32 area. The H12 signal trigger is already in place, and you could also position yourself inside the H12 breaker.

Scenario 2: Local top is not in yet, in which case, wait for a market shift on the 3D / Daily / H12 inside the weekly breaker before positioning. This scenario becomes more likely if we see market strength build over the next 2 weeks alongside the ceasefire.

Either way, I don't think we've hit the bottom on stocks/risk assets yet, which is exactly why I'm tracking these two scenarios while riding spot $HYPE, ready for the next bullish leg.

[DonPanick @D0npam]

Stopped out with this god candle, managed to lose only 0.2R with the volatility. Still happy with this trade and the R/R it would have printed. Onto the next.

[DonPanick @D0npam]

This trade is doing well so far. I'm managing my position, currently sitting at close to 2R unrealized. I took around 20% off the table to cover fees and moved my stop loss to the last H1 wick. This essentially makes this trade risk-free, with the SL moved up and 20% already locked in.

[DonPanick @D0npam]

This trade is doing well so far. I'm managing my position, currently sitting at close to 2R unrealized. I took around 20% off the table to cover fees and moved my stop loss to the last H1 wick. This essentially makes this trade risk-free, with the SL moved up and 20% already locked in.

[DonPanick @D0npam]

Trade idea on $BTC
The higher time frame (H12) is printing a downtrend again. I think BTC's lack of strength around $75K said it all, we couldn't even reclaim the $80K area. In my opinion, I'm still bearish short-term and looking for setups in the middle of the range.
We've retested the range highs multiple times, and I see a lot of liquidity that needs to be swept before there's any real bullish argument. On the H12 chart, the drawn levels are areas I believe will be retested soon.
So I'm looking for this kind of setup on H1 for a continuation lower.