🚨Crypto Bully

Surprise Surprise, Binance whales buying for a change US session is when flows can reverse again so watch out for that + NYO pump is where we can start dumping from I'm expecting ETF buyers to potentially panic as well based on yesterday's dump

Mega thread for all things you need to know market related: 🧵 https://x.com/BullyDCrypto/status/2019650775895666919?s=20 Covering the following topics: • Update on yesterday's TWAP trade • All my spot bags (BTC SOL HYPE) • My entries and how I plan to manage it • Also included the entire aftermath of why yesterday was worse than 10/10 and the weirdest trading day we've had since post-Covid almost

Binance can't stop, won't stop Cumulative they've sold $5.2 billion this week (it's Thursday jfc) More than $2 billion dumped today alone

All this and HYPE is still above 32 lmfao

Trading session explained https://x.com/bullydcrypto/status/2019435310334242826?s=46&t=8nZyDpFCmoVtSATYl3vdhg

Changed my trade to a swing trade TWAP mostly aiming to get a swing long entry between 64-67k Timing is more important to me than exact entries. Undersizing but max risk around 2% (My daily risk cut off is around 3-4% on my perp account. Have made 0.5% on HYPE earlier, BTC -1% and LIT breakeven. So risking the rest of the daily limit on a 20 hour TWAP on both BTC and ETH) Something about the extreme nature of the flows gives me a gut feeling that we get a relief bounce soon (even though we will likely bleed lower eventually) This is for perp accounts that I am continuously trading on and sharing some insights into how I operate as some of you requested. For spot, make sure your average HTF entry is betwen 60-65k (my current average is 73k but will lower it if I am filled completely)

Same US Open relentless selling this session as well About to cut if we lose the level as mentioned -1% on BTC and breakeven on LIT

Thesis- Good level to bid + some catalysts today like MSTR earnings which people have already priced in to be bearish I think we eventually go lower but after -20% in 7-8 days, I think we’re due for a bounce If we have Binance spot TWAPs dumping on us constantly this US session as well. Then get out of longs

Some more bids lower than current price to get to 1-1.5% perp account risk

Longed some BTC and LIT as lower timeframe trades Tight invalidations if we start to lose 67k as well NOT oversizing here. Main trade and focus is spot

Micro strategy earnings today is a BIG catalyst It could either lead to capitulation lower or some sort of relief bounce Either way, don’t think we are close to Bottom bottom But I’m scaling into some longs as i mentioned earlier now that 69k is here

Trading Testing Account Update https://x.com/bullydcrypto/status/2019368386460012572?s=46&t=8nZyDpFCmoVtSATYl3vdhg

Will be 75% allocated on spot exposure if completely filled (I use a mix of USDT and BTC as collateral to trade perps, I don't mind getting avg BTC entry at let's say 65k overall and continue trading with it as collateral even if we go to 50k) In the long run, my spot average entry of (as close as possible) to 60k will give me a 3x in a single year once we bottom while also rotating that to other assets gradually and using it as collateral to trade perps to increase holdings

Set orders to buy spot BTC under 69k Scaled and deep, all the way down to 60k

BNB is one of the best coins to trade when we get major cyclical pullbacks Shared my levels of interest: https://x.com/BullyDCrypto/status/2019136962779836808?s=20

SOL has broken under 700-day range lows https://x.com/BullyDCrypto/status/2019017545492389923?s=20 More details shared above, but there are only two set-ups, one where we buy extreme dips or a failed breakdown as explained in the original update Please read above for more clarification and ask me questions if you have any, will do my best to answer all

Please tell me at least some of you reduced exposure

Up almost 60% from first entry shared (check quoted tweet) Up 20% since the spot entry shared Continue to hold spot as we reach first resistance so good area to reduce some exposure Link to detailed analysis for those who want to learn and execute these trades themselves: https://x.com/BullyDCrypto/status/2018591396266217773?s=20

Uploading a HYPE swing trade update shortly as well if you're interested

If any of you held the HYPE trade instead of compaining that it pumped and retraced a bit after I shared You would be up 24%