Ares

I build my own narrative

[Ares @ArsAr3s]

Six months after, we can see how this idea was correct, we had a bear season inside a wider bull market, just the timing wasn't perfect, we chopped for about 3 months before pushing up, and I've ride the majority of the move up here. So this is the time for another market outlook

[Ares @ArsAr3s]

Ok, time to my first tweet.
Start with an analysis of the current Crypto market status.
I think we’re in a bear season inside a wider bull market, the pattern here is somewhat similar to the market in 2019.

[Pokémon Light Platinum DS @lightplatinumds]

‼️Light Platinum DS: Chapter 1 is finally available in English now!

🎮You can download it from PokeHacking (https://t.co/wmagUKeNKm)

[Ares @ArsAr3s]

@NVIDIAGeForce @Diablo #DiabloRTX

[Ares @ArsAr3s]

$BTC
Bears were unable to close a weekly below 37K for more than a month now, the next 3 days will tell us if bulls are able to reclaim 43K on a weekly close.
If so I'm leaning to think that we'll be able to see the 47/52K range by the next month

[Ares @ArsAr3s]

$BTC
Finally Biden Exec Order came out, so I can restart trading.
Only real thing that I can understand about Exec Order is that US will try to push their CBDC to other countries and probably force the west to use that as the only stablecoin

[Ares @ArsAr3s]

$BTC
Been days since I started accumulating longs every time the price drops below 40K.
Looking at Bitfinex, in the last three days shorts have fallen down by 70% while longs have risen steadily since we've lost 43K.
Cautiously bullish, summer 21 took another month to breakout

[Ares @ArsAr3s]

$ETH
I've called for a breakout 3 days ago and here we are.
Major resistance in 0.072/0.073 area, USD pair we'll probably see price reaching 2900/3100, everything below 3050 is technically still a LH btw

[Ares @ArsAr3s]

$ETH
My long at 4.4K stopped out around 4.2K when BTC lose 54K. During the first selloff ETH suffered more then BTC, but we can see how price bounced on the previous resistence vs BTC.
Now price have found the resistence of May 18.
Let's see this week if plan green or red

[Ares @ArsAr3s]

$ETH
Previous cited level held and we're back at resistence... but narrative is shifting in favour of ETH after recent EU politics.
If POW coins gets banned in EU, we'll probably see a decorrelation between ETH and BTC price action, with the first sucking out MC from the second

[Charlie Bilello @charliebilello]

Powell: if we knew that buying $5 trillion in bonds, cutting rates to 0%, cheerleading a $6 trillion increase in national debt, & increasing the money supply by 40% would lead to higher inflation, sure, we would have hiked rates earlier. But who could have predicted such a thing?

[Ares @ArsAr3s]

Market now seems to price in a dovish FED, and it makes sense since now we've understand that inflation is not FED fault but it's all about Putin and Covid.
"Make no mistake"

[Ares @ArsAr3s]

@zerohedge So yesterday western investors in asian market priced in future sanctions on China and today chinese investors have bought up stocks with great discount?

[db @tier10k]

https://t.co/JMC9Aix1bh

[Tucker Carlson @TuckerCarlson]

After 2008, the Fed dropped interest rates to zero and began printing money. This was supposed to save our economy. But it didn’t end. It went on to the present day, nearly 14 years. And in the process, what was designed to save us, destroyed us.

[Jim Bianco @biancoresearch]

1/8

Jeff's comments are spot on and deserve expansion in a 🧵

It is part of a disturbing trend over the last few months of financial institutions and Govts "just taking" (stealing) other people's money in broad daylight.
@CliffordAsness @jdorman81

https://t.co/YWDsLpZNiJ

[Ares @ArsAr3s]

@jerrybrito "This effort prioritizes U.S. participation in multi-country experimentation, and ensures U.S. leadership internationally to promote CBDC development that is consistent with U.S. priorities and democratic values."
Do they want to impose the US CBDC as the only regular stablecoin?

[Ares @ArsAr3s]

@awawat I thought CPI was priced in since Twitter told me it doesn't count most of the price increases due to the Ukrainian war

[Ares @ArsAr3s]

@0xWangarian In the entire BTC history, only 2021 new entrants bought BTC at more than 20K, a year when we've seen BTC held on CEX at ATL. So many people have BTC at an avg entry price below 20K, so yes probably we'll see much supply even below that level. Why shouldn't we?

[Andrew Watt @AndrewWattEU]

I see a lot of talk of the west "filling #Putin's war chest", "financing the war on #Ukraine", of sanctions “bankrupting” the Russian state etc. Such language points to serious misconceptions. It is important to get some basic economic facts straight.
That’s the aim of this🧵
1

[Clare Daly @ClareDalyIRL]

Meanwhile in Afghanistan... tens of thousands seeking refuge; five million children facing famine; 500% increase in child marriages; children being sold to feed families... Not a mention of it.

My god, they must be wondering what makes their humanitarian crisis so unimportant.