79th daily market video update looking at bitcoin:native, altcoins and the crypto market.
bitcoin:native mainly finished rotation to value lows after rejecting $83K daily trend. For the first time in 4 weeks shorts become less viable here. Summer chop and bleed likely but downside hopefully capped unless equities nuke and/or unforeseen (Saylor) swan events.
Finally some caution on $HYPE with decent chance of some chop rather than continuation here (spoiler: do not short it).
Trading terminal featured: @pear_protocol
For more market updates: https://t.co/8LdOaAItfU
78th daily market video update looking at bitcoin:native, altcoins and the crypto market.
Previous value area holding for now, but for how much longer? First test, best test - but only really expecting chop higher as the bull scenario for now.
As for altcoins - $HYPE continues to do it's own thing and dips are still for buying and maybe a bounce but no real bottom in sight for $ETH / bitcoin:native pair.
Taking a quick look at the new Pear Protocol @Polymarket integration and 1000s of new tradable event markets, too.
Trading terminal featured: @pear_protocol
For more market updates: https://t.co/8LdOaAItfU
To those that have been pair trading this week and helped to break the ATH user record for @pear_protocol... you dropped this. 👑
Earn free $HYPE on every trade at: https://t.co/FTjYZXE4zo 🍐
Full rotation mainly done for me on bitcoin:native after rejection from daily trend. Bleed into 50s obviously possible but R:R on shorts undeniably less here unless we have the Saylor/crypto full collapse over summer sub $50K.
Unfortunately I think chop between $80K-$60K probably the bull scenario again and if not, summer drift lower.
Put @agent_pear to work while you actually get to work. 🪣
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