#Total3
I see absolute despair, specially on Alts, mainly because most people entered at the wrong time (tops) and/or had poor portfolio allocation in terms of sectors, maketcap and proper diversification along the risk curve and their shitcoins are don 99%.
But objectively speaking the Altcoin market as a whole is still at the very healthy levels of support, with a series of higher highs and higher lows since the 22 bottom.
Has the alt coin sector been subdued in this high interest rate environment? Yes no doubt, and the Alt/BTC pairs confirm that by showing a bearish behaviour over the last 3 years and now at bear market lows.
But this for me means opportunity, def not the place where I would be folding.
I stil believe in a major leg higher, whether BTC is still going go visit the 60-70s this year or not.
2 trilli looks like a good target to me. Could be completely off here, but I´m putting my money where my mouth is.
BITCOIN DOMINANCE BREAKDOWN! 🔻
$BTC dominance recently lost multi-month channel support — now retesting as resistance.
Breakdown could signal incoming altcoin outperformance (NFA)
#Bitcoin#Altcoins
$BTC large spot bags
Still holding and invalidation updated.
Quickly wanted to update you on what I am doing with my large spot positions.
I'm sure many of you remember, how we took these 10 weeks ago where we expected the weekly downswing to come to a halt, and expect the week to reverse for all reasons given.
That is and still is the backbone of our bullish weekly bias. And upon that bias, I presented a large spot position I took at the time, titling that the bull market is not over.
Given at a time many were bearish and openly did call the bear market to begin and did call the top to be in, in that 80-85k range.
I know I sound repetitive, as if all I expect is up and do nothing else. But during a bottoming period, that's just how I operate. I don't flip, keep my bias and keep everything coherent. That was the case 10 weeks ago, and still is the case today.
I promise I also short, just scroll my entire 2022 timeline, as well as occasional trade the range or lower timeframe shorts.
But 10 weeks ago up to today and counting, my analysis points north, executed with a spot position, targeting 112k and still doing so with not a single bit of lack of conviction.
That 112k btw, not as a final target, but as a first target.
I am very transparent with my positions, but some of you don't track every one I take, so I indeed just wanted to remind you that I am still holding it, for one.
But for two, if you don't have a higher-than-usual spot allocation, ready to capture volatile upside, now that we're at 90k, 112k (and higher) is a respectable distance above and 90k is reasonably close to 84k.
So it makes sense to at least partly position here if you missed the initial 84k buys (nfa). The invalidation is also tightened to 72k now, an invalidation still capturing the wick if we wick below 81k (and still close above), but giving at least a positive RR towards 112k for first partial buys (more to add if we head a bit lower).
Personally, I think the bottom of 81k is already in hence I present this position weeks ago. But an invalidation must carry all scenarios whilst the trade idea remains right hence I chose this inval.
So just wanted to establish this position and remind you of it, to not fully sit on your hands on these levels, even if you entire timeline is telling you to do so potentially at one of the worst times. Or even telling you to leave crypto all together, whilst we likely have a large up move to capture.
Up moves can easily be captured just with spot hence this opportunistic position, based on the assumption many of you who are new to my page are likely in stables as many influencers called out to sell directly or indirectly recently.
So hence I presented this. As a starting point for my bullish weekly bias. In terms of leverage, we can add later on that as I present more details for an entry, using this upside weekly bias I still carry, with a well picked long entry, indeed one I still seek to enter.
Yesterday I said I would wait a few days at least, and so I am still in that waiting stage.
Meanwhile, indeed still holding spot as main upside exposure.
About 72% of Binance accounts with $BTC positions are now net long.
High long % = too many bulls > limited fuel for more upside > price drops to punish the crowd and reset sentiment.
¡Buenos días traders! ☕️
$BTC 1D ✍️
Sin fuerza alcista, de momento.
Liquidaciones importantes sobre 86k, probable caída ahí⌛️ antes de volver a subir
Entre 83k - 87k veo fuertes rebotes al alza, zonas de mínimos anteriores.
¡Nos vemos después en directo! 🫡
#RWA is fast becoming one of the most popular sectors in the #crypto space. We expect a big push for #RWA tokens as altseason is about to start!
The most tweeted #RWA tokens in Q1 are: 🏆
1⃣ $PROPS
2⃣ $RIO
3⃣ $LEOX
4⃣ $LBM
5⃣ $PROPC
#Altseason2026 $DDY
I cant make it any more simpler for you.
#bitcoin ran up in 5 waves as expected and has now began a retracement of those 5 waves up.
The #CoinsKidRibbon 5 red day sell dot told us in 2022 that it was retracing and it did exactly that, it came to the 0.5 fib in late 2022 before beginning it's 5 wave journey up
From top to bottom #btc should find support on one of those fibs before it begins it's journey up in another impulsive wave to the upside.
We have not even hit the minimal 0.236 yet and everyone is saying the bottom is in 🙈
Lose the 1 fib and #btc will make history. It has never retraced deeper than the 1 fib after a 5 wave impulsive move up.
Confluence to the retracement now being at play, which is bearish market structure is the loss of the #bms and 5 day ribbon. ✅️
In every bearish retracement cycle it wasnt until the 5 day and #bms were reclaimed that #bitcoin became bullish again.
STAY TUNED
$BTC Good bounce after the yearly open sweep. Obviously the market is very headline driven currently.
Hope to see a decisive move out of this range somewhere in February. This chop can be fun if you're scalping but the real gains are made in trending markets.