Kurt Cathrina

Developing the ability to set forth into the world knowing I am ENOUGH, is all I need to live a Healthy, Happy and FREE Lifestyle that I love, cuz I'm enough!

[Kurt Cathrina @KuttMavin]

Trading Methods & Layers of Thinking 📚

From my experience, the easier your indicators & patterns are, the more consistent.

I'm still of the belief that Technical Analysis is mostly a self fulfilling prophecy as traders and algorithms use the same indicators & patterns.

🧵 1/4

[Kurt Cathrina @KuttMavin]

$BTC $1B+ Open Interest ramp up in 3 hours during a weekend.

BTC has been strong lately but be careful when a lot of leverage is added during weekends.

[Kurt Cathrina @KuttMavin]

$BTC Over a day and still near the middle of the range.

Very uncommon to see this at all time highs.

Keep a close eye on the $110K & $112K levels as a big move is likely to occur from breaking either side of those.

[Kurt Cathrina @KuttMavin]

Shows you just how quickly this market can turn around and why you should never get too fixated on a single week or month of performance.

[Kurt Cathrina @KuttMavin]

The second quarter is halfway done and both $BTC & $ETH have seen high returns so far.

This is while the quarter started off awful after liberation day with BTC being down ~10% and ETH ~25%.

[Kurt Cathrina @KuttMavin]

$BTC Weekend time. Price action was already pretty slow prior to the weekend so I suspect we won't see that much action from Bitcoin for now.

We do have quite a tight range between roughly $101K-$105K so keep an eye out for a breakout from that range next week.

[Kurt Cathrina @KuttMavin]

Above 0.026 we can start thinking about 0.03+ again.

[Kurt Cathrina @KuttMavin]

$ETH After the big run up, price has found some resistance at the 0.026 mark.

To maintain the bullish momentum, bulls would want to keep this above 0.0224. If price were to drop below that point I think we'd just see a slow bleed full retrace of the entire squeeze up.

[Kurt Cathrina @KuttMavin]

Market back to doing what it has been doing for most of this cycle.

Meme coins and AI leading on the bounces.

Many of those coins now up 300-500% since the April lows. Mostly fueled by shorts getting squeezed.

[Kurt Cathrina @KuttMavin]

The same can be said when the market is in a slump and funding rates are negative for prolonged periods of time.

[Kurt Cathrina @KuttMavin]

Overall funding rates still fine but starting to go up slightly.

But as you can see this does not have to be an issue right away. Last time the market was somewhat overheated, it remained that way for several weeks.

[Kurt Cathrina @KuttMavin]

$ETH Pretty insane move again today.

Up only as shorts keep getting squeezed and people don't get a dip for an entry if they want to allocate.

Be careful for increased volatility because these things usually end in a quick way.

[Kurt Cathrina @KuttMavin]

The insider/leaking is real and it's used to trade our markets. Keep in mind, seeing this is such a big one including two major countries, it could be anyone anywhere.

Obviously this is no big surprise but good to be aware off. The playing field is never truly equal.

[Kurt Cathrina @KuttMavin]

$BTC Price action was making it seem like something big was coming. Any tiny dip was getting scooped up instantly and price started to move ~1 hour prior to the announcement.

We're seeing quite a lot of "aware" price action precede big announcements lately.

[Kurt Cathrina @KuttMavin]

Stocks up big, $BTC & $ETH not a giant move but they did move during the weekend.

Going to be an interesting week.

[Kurt Cathrina @KuttMavin]

There we go, we got what the market was looking for. The 90 day timeframe is interesting here and sets us up for more headlines over the next few months. These could obviously be good or bad.

Also explains why Trump said to buy stocks before the weekend.

[Kurt Cathrina @KuttMavin]

$BTC It might look scary when you're in it, but corrections always got some narrative surrounding it.

It usually looks worse than it is and if history has taught us anything, the recovery is always pretty quick. Especially during a larger bull trend.

[Kurt Cathrina @KuttMavin]

But be wary for that trend line break. Trump speaking today as well so who knows what's on the cards for the day.

Keep your invalidations wide if you're trading this. Spot is generally recommended during these kinda runs :)

[Kurt Cathrina @KuttMavin]

$ETH The good old up only price action as shorts keep getting squeezed on the way up.

Be prepared for a big move. In a market environment like this, this generally ends in violent fashion with a big wick towards the upside before cooling off.

[Kurt Cathrina @KuttMavin]

The one still left open around ~$91K is the one made during a week day during the 1 hour of downtime at the end of a trading day.

Above there's no gaps left.

[Kurt Cathrina @KuttMavin]

$BTC CME Gap from this weekend has been closed with this move ✅

Yet again closing a gap within the same week as it was created. This has been an ongoing trend in recent months.