Astro

Journal

[Astro @astrocatnip_]

More irrelevant war fud gives more entries to play with. Liking memory stocks for a bounce this month. Coin buys doing not bad as well, pretty concentrated in specific positions

[Astro @astrocatnip_]

Buying some coins here, let’s see

[Astro @astrocatnip_]

BTC stalling a bit here while stocks rip, still don't really see any higher than low 80s

Sell in May crowd + hot CPI print from oil might be the spook the markets need to pull back in May

Gameplan is to continue to be long equites and flatten into CPI

[tradfi news @tradfi]

*BESSENT SAYS 'GAME OVER' IF US DOESN'T WIN IN AI OVER CHINA:WSJ

[Astro @astrocatnip_]

Markets shaking off all of the bs like they already know it’s over

Have to wait till the weekend to see if anything is true but 60k looking like the macro bottom and should finish accumulating positions if we get a major pullback over the summer

[Astro @astrocatnip_]

Flattened completely

Looks like ceasefire not going through and prob see more escalation/oil putting in another move up

You’ll want to buy this escalation again as doomers start getting loud

[Astro @astrocatnip_]

Cut fig, holding orcl

[Astro @astrocatnip_]

Longed some $fig and $orcl

Let’s see me matey

[fejau @fejau_inc]

This might be the biggest exit liquidity dumping event in history

[Astro @astrocatnip_]

Out of longs (mainly hype/purr and zec)

Saylor blasting billion+ and btc stuck at mid 70s, could get a pop to high 70s/80s but not worth holding out for it until we see a proper trend shift

Focus goes back to equites now as I think software/ai will outperform short term

[Astro @astrocatnip_]

Markets been difficult to hold a strong opinion for long, been flip flopping internally and deciding how to position (or not on LTF)

Gud coins been holding/reclaiming structure while equites recovering

Might be time to allocate again for ltf longs

[Astro @astrocatnip_]

Markets been difficult to hold a strong opinion for long, been flip flopping internally and deciding how to position (or not on LTF)

Gud coins been holding/reclaiming structure while equites recovering

Might be time to allocate again for ltf longs

[Astro @astrocatnip_]

Markets are finally moving down (wrong on it moving up first to high 70s)

Thankful that I didn’t take any new positions as it’s a very low conviction trading environment for myself, not until we get the market nuke to slam in

Patience in cash is key here

[Astro @astrocatnip_]

Won’t be playing this push up aside from a bit of spot that I have left

Just feeling comfy in cash until something obvious comes up

[Astro @astrocatnip_]

Headline fatigue from the Tacos and both sides claiming different things

Select coins doing much better than tradfi, still think crypto is in a bottoming process and anything from 60-70k is value

Odds of a ltf push higher vs breaking down is more likely

[Astro @astrocatnip_]

@Leonardo_Web3 No idea but areas of interest will be around 60k and below, number goes lower as the war drags on and equites continue to nuke

Fed meeting was pretty bearish as well, just not really a good environment to hold risk imo

[Astro @astrocatnip_]

Basic way of thinking is that each and everyday that passes without a firm TACO, increases lasting damage, inflation and further escalation

You can try to catch the move but prices can be a lot lower from here, much rather wait it out in cash to jam in when the time comes

[Astro @astrocatnip_]

Vibe shift, sold most spot and waiting for "free money on the floor" moment

[Astro @astrocatnip_]

Back to being bullish above 4hr ma's/70k, but until then we touch grass waiting for one of the two scenarios to unfold

[Astro @astrocatnip_]

BTC failed to hold 70k and trad looks like its getting ready to finally roll over

Looking for 60k to get swept to add spot

[Astro @astrocatnip_]

Rotation from equites back to crypto as I think equites will under perform crypto in the near term, key is to break and hold above 70k range highs and then we have some fun.. hype, vvv, morpho are the main focus

[Astro @astrocatnip_]

Something something if bad news doesn't bring us lower that in itself is signal

Ppl swung to max bearishness calling for 40k's and the war fud couldnt make us break lower

Recipe for a bear rally to high 70's to low 80s imo