No setup comes from these comparisons. That $ETH is worth about 38 times $ADA may be an attractive headline, but it is not useful for trading. I'm looking for clear structure and retracement on the chart, not asset value comparisons.
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What is your idea?
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Seeing this resilience was not far from my expectation, but when it was recorded on the board, it caught my attention. This week, while $BTC experienced price drops along with Ethereum and Solana, $XRP traded flat and neutral. The importance of the story is simple. When the majo… Show more
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This week's drop of $ETH below $2300 has sent the market looking for a bottom again. Guessing the turning point is not my business. My setup needs confirmation; If a buyer comes in and the levels stabilize, I'll go along, otherwise there's no point in catching a falling knife.
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The growth of the price of coins and the better performance of $XMR and $ZEC compared to $BTC this week alone does not make a trading setup. Whether this process continues or not is the question of the media. I do not trade based on headlines; Until the chart shows a valid struct… Show more
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It was no surprise for Bitcoin to miss the $80,000 level again. The headlines write about the possibility of touching $77,600 as the next target, but it is not my job to guess the target. I'm just watching until the price makes a proper structure and a clear reversal limit.
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The strategy's posting of an $8.3 billion loss on Bitcoin last quarter is more of a corporate accounting game than anything of practical use. Speculating about Q3 earnings doesn't give me a trading setup either. For $BTC I'm waiting for structure formation and price reaction to l… Show more
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Peak perps humor right here 💀 Hyperliquid still rules the perps market, but $HYPE bulls are facing trouble. Dominating the whole scene while the token holders sweat is tough.
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The issue of the public offering of shares and the valuation of about 50 billion dollars of Ripple is not the basis of the trade. For $XRP it's about maintaining price ranges and confirming liquidity, not headlines about the possibility of an IPO helping.
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