And you know the future, therefore everyone thinking we might go a different direction is definitely wrong? Guys like you are engagement farmers. 50-60% lower, based on what? If we had a blow off top, I would tend to agree, but based on data and structure. Your post is just as much bullshit as showing some fractals.
Didn’t really expect this insanity today. From range lows to range highs within a day… now I’ll wait for whatever entry the chart offers. Definitely not going to chase it.
Depends a bit on the broader market of course, but there is quite a chance that the bottom (may it be local or overall) for $CRV is in.
I am waiting for this 5 wave impulse on the LTF to wrap up and correct. This is where I enter and let it run with stop at the beginning.
Depends a bit on the broader market of course, but there is quite a chance that the bottom (may it be local or overall) for $CRV is in.
I am waiting for this 5 wave impulse on the LTF to wrap up and correct. This is where I enter and let it run with stop at the beginning.
Come on bulls, let's hunt these filthy animals down. They try do defend every LTF level with their lives, time to end them.
I did my part, stop below today's low. Let's see what we get.
80k!?? Damn you're optimistic! :D
Most like to see 40k. And the way things go for bears, I wouldn't be surprised if we get there by next week or so... If they call for 20k thereafter, well why not, march has 31 days. Crypto is a joke. Not even a deadcat so far while stocks still sit around ATH
@IIFZVII Nah it's just a 10k position at a cross margin account. Liq price is negative, therefore might just let it run. If this bitch rises again, I will close it. Didn't expect market to be that shit honestly. Beginners mistake...
@DeFiTracer How bear markets start? After a 50%+ drop? You're such a lamp dude... And if true, this might be the dumbest whale in the world, having literally a year to sell above 100k just to dump the bag below 70k...
When I look at some data, there are quite a few arguments to be made that the bottom for $BTC is in.
Foundation of the move off of 60k has mostly been done by net spot buys (16k BTC). To compare, the lows at 80k that led to a move to 97k only had 4k (net) spot BTC bought.
OI has been reset and came down almost 60k BTC and above us are sitting billions worth of shorts.
There was huge volume at 60k. BTC only had higher volume in the recent past at 10/10 and in April 2025 at the 74k lows.
Besides data, everyone screaming BTC dead, crypto dead, no-one cares about it any longer. I would not be surprised if either BTC starts its 5th wave now towards new ATH and blow off top or at least back above 100k with a lower high and Alts massively outperforming.
@Cryptoinsightuk Scenario 2 would be great as well. Give BTC its blow off top and go to 70%+ dominance which also no one accounts for anymore, take alts up with it and then a mega alt season when BTC is really done. But I’d take 1 at this point as well.
@IIFZVII Back inside the range then… would be a nice long after a retest of range lows once we moved back inside. For now, with this volatility, scalpers paradise!👌🏻
@CryptoWizardd@VitalikButerin I mean its not like he had months to sell some above 4k if he wanted to... Same as for BTC now. Who sells spot now when you had literally a year to get rid of your stack above 100k? Must be retard season...
If this won't lead into the a real secular bear market, bottom should be in sooner rather than later, at least for a bigger bounce.
CT became an absolute ghost town with the few still here calling for 30k by tomorrow basically. But as of now, I dont think bottom is in. When you look at the LTF, we just dipped below 70k. This is not the kind of reaction you want to see. Didn't see any kind of real capitulation as well.
If, on the other hand, BTC put in its cycle top (cycle since 3k), my taget would be somewhere around 7k. It's still more than 2x above from where the cycle started. I like both outcomes, but prefer us not being done just yet.
Bounces on either way can offer great opportunities, especially when Alts outperform BTC in the coming weeks and months once this outrageous selling comes to an end. I mean, where do most of them want to go if not literally to 0.
We got a nice reaction off of yesterday's lows. The only thing I dont really like, is that is was mostly done by perps and spot has been net selling again after the move as depicted in the chart below.
There might be a nice long opportunity if we take out that liq cluster at 74.8k
I gave it a shot. If bulls dont show up here and we take the April 25 lows, that would mark our first lower low on the HTF, which could lead to way way lower prices if BTC cycle top (cycle as in since 3k) is in and we get out first real bear market since 2017. I dont really like the way the top looks but well... it is the way it is.