Daan Crypto Trades

Fulltime Crypto Trader & Investor 📈 Main Acc @DaanCrypto

[Daan Crypto Trades @Daancrypto99]

$CAT Had a massive break out to new all time highs and is now re-testing the previous highs which is a big level to hold.

Cat meta and just animal coin in general still strong.

[Daan Crypto Trades @Daancrypto99]

Linea confirmed its TGE for Q1 2025.

I got exposure to the ecosystem through $FOXY which is lining up nicely looking at the chart as well.

This should also really get the Linea ecosystem momentum going into/after this token launch.

[Foxy 🦊 @FoxyLinea]

. @LineaBuild keeps winning 💪

➜ Decentralization on its way.
➜ TGE coming Q1 2025.

Onboarding the masses.
And so much more to come…

$FOXY is excited to help build the the home network of the world.

You are not bullish enough 🦊

[Daan Crypto Trades @Daancrypto99]

This #Bitcoin Cycle can easily be summarized in 4 parts.

1. Initial surge in 2023.
2. Sideways Q2/Q3 in 2023.
3. Second surge Q4 '23 & Q1 '24.
4. Sideways Q2/Q3 in 2024.

This latest sideways chop has already been 2 months longer than the prior one.

Time to get a move going?

[Daan Crypto Trades @Daancrypto99]

#Bitcoin's Volatility Levels have come down considerably during this recent chop.

It's not back at levels from the Summer before the August drop.

Generally, the lower the volatility goes, the more compressed, the larger the move that follows (to either side).

[Daan Crypto Trades @Daancrypto99]

#Bitcoin's best quarters historically, are Q1 & Q4.

We're just into the new quarter which has started off choppy.

Where do you think it ends by the end of the year?

The average return in Q4 is +81.11% which is largely due to 3 good years (2013, 2017 & 2020).

[Daan Crypto Trades @Daancrypto99]

The total market capitalisation of meme coins is now sitting at $57B+ according to Coingecko.

For comparison: The entire AI sector is worth "just" $29B.

DeFi is worth $76B.

So the meme coin sector is now ~2.5% of the entire crypto market.

$DOGE Peaked at 90B mcap last cycle.

[Woetoe @cryptowoetoe]

One of my main bets on the $SUI network is Fud the Pug, $FUD.

Team is doing brilliant marketing, chart looks insanely good, and who doesn't want to buy a pug?

We're now attempting a new ATH break as we speak. Send ittttt

[DonAlt @CryptoDonAlt]

If you all focus on pumping the majors you'll have more fun in alts down the line

Instead everyone is just going from being bearish to buying the biggest trash they can find

Cursed how that works

[Daan Crypto Trades @Daancrypto99]

ETF Flows Overview 📊

$BTC: +$202.6M 🟢
$ETH: -$13.2M 🔴

Another big day for BTC to start off the week. This is now the 8th consecutive day of inflows for BTC. Price action a bit lackluster but if the flows keep coming that's just a matter of time.

ETH still mostly flat.

[Daan Crypto Trades @Daancrypto99]

#Bitcoin Most selling these past 2 days has been coming from Binance.

Coinbase is actually the most "bullish". It's also trading at a premium to the other markets which is also partially due to ETF inflows.

[Daan Crypto Trades @Daancrypto99]

Back in 2017, a rebrand, logo or website change would pump coins by up to 100% sometimes.

Obviously the market and projects have changed a lot since.

Will still be interesting to see how these big projects will fare with their upcoming changes:

$MATIC -> $POL
$MKR -> $SKY

[muneeb.btc @muneeb]

Stacks Nakamoto binary comes out tomorrow!

Network operators will have one stacking cycle (cycle 92) to upgrade. After a successful signer handoff from cycle 92 to cycle 93, core devs will pick a block number for rules to go live!

Bitcoin L2 getting a massive upgrade 🟧

[Daan Crypto Trades @Daancrypto99]

Generally, you want to:

1. Accumulate long term $ALT positions when $BTC.D is at high timeframe resistance
2. Start scaling back into $BTC when $BTC.D is reaching long term supports.

I hope this has been helpful. Have a great day! 😄🔥

16/16

[Daan Crypto Trades @Daancrypto99]

So far, every $BTC cycle, $BTC.D has made new lows.

Whether this is due to the increased amount of $alts in the market, the increase in retail investors or the development and new use cases from these $alts.

Up to you to decide and if this trend will continue.

15/16

[Daan Crypto Trades @Daancrypto99]

Note that if ALT/BTC pairs go down (BTC.D Up), that doesn't mean $ALTS HAVE to go down in USD value.

We've seen several periods where $BTC went on a tear and pumped quickly while ALT/BTC pairs bled. The pump on BTC usually did mean $ALTS also gained value in USD.

14/16

[Daan Crypto Trades @Daancrypto99]

A breakout would likely result in a move to the 48-52% area which is an important level to watch. Going there would still be fine for $ALTS long term but will definitely hurt the ALT/BTC pairs in the short/mid term.

13/16

[Daan Crypto Trades @Daancrypto99]

Currently, price is consolidating in this ascending triangle formation. A break down here would likely result in another test of the 39.8% level and maybe even 35.35% which would be the all time low.

12/16

[Daan Crypto Trades @Daancrypto99]

Recently, we've seen a 4-5 month $BTC.D down trend go into consolidation. During this time we saw ALT/BTC pairs go down a lot.

This could be the start of a higher timeframe reversal but zooming out, BTC.D is still trending downwards.

11/16

[Daan Crypto Trades @Daancrypto99]

Generally, you don't want to enter long term alt coin positions when the Bitcoin Dominance is trending up on high timeframe.

This usually happens when Bitcoin is seeing extreme volatility or when the market has a very bearish long term outlook.

10/16

[Daan Crypto Trades @Daancrypto99]

While the 39.8% level has proven as a strong support in May of 2018 and just recently, in May of 2021.

9/16