SC Futures Traders - Channel

Adjusting the trendline and DCA up 11% of the initial position and will put the SL at BEP for this position. I will look to DCA down if necessary. Will trade accordingly. $MYRO

Memecoins are the one you need to look when market is at peak. Memecoins are the one you need to look when market is at the bottom. They serve the biggest pain and the biggest gain in crypto history.

BlackRock Etheruem ETF is in August.

Wen dump lower

Non-performing liquidity.

Jika likuiditas nya di cabut, maka pair akan “mati” / apabila pairing aktif, maka “fee” exchange harus pelan-pelan menggantikan asset yang dialokasikan oleh exchange sebagai likuiditas di pairing tersebut. Makanya ketika pairing tidak profitable, akan di delist. Anggaplah ini seperti NPL pada bank. Non-performing loan. Walaupun tidak seperti NPL.

Alasan kenapa futures seringkali lebih dulu di listing, karena futures hanya mirroring harga dan exchange tidak perlu memprovide aset asli. Hanya USDT atau pair nya saja. Kalau spot, exchange harus memprovide kiri dan kanan. Artinya jika tidak ada alokasi dari dev, exchange harus membeli sendiri dari market dengan jumlah tertentu. $WIF perp lebih dulu listed di bahkan di harga yang sempat menyentug $0.17. Lalu spotnya di harga $1. $BLUR perp anjlok hingga ke harga $0.15 sebelum akhirnya spot listing di harga $0,4-ish. Dengan begini exchange bisa akumulasi barang di harga serendah mungkin utk spot dan tidak hanya BEP tapi juga jadi pair yang profitable saat listing. Jadi setiap pair yang profitable, jadi “passive” income utk exchange (walaupun nggak passive). Analogikan kayak kos-kosan, setiap pair layaknya kamar kos—yang membangunnya butuh menyediakan likuiditas.

Recovered $MYRO position. Not really satisfied and fancy or anything. Just sitting on this position waiting for that one click. Yes obviously need to watch Bitcoin or other sentiment as well. Pretty HTF for this one.

May re-short $WIF again once thing cooled off and really just waiting when $MYRO binance spot listing.

If you watch these charts, $SOL is the one mimicking the $BTC move. While $TON and $BNB having high acitivty with telegram bot and launchpool. Other big caps are just there ranging. $BNB possibly having new high despite the news about CZ. High activity blockchain, when they are doing campaign, recover faster the one that doesn’t. Something to note here.

A healthy pullback from $MYRO on the buyzone. $MYRO position recovered.

A healthy pullback from $MYRO on the buyzone. $MYRO position recovered.

Now only have $MYRO open

Thank you $WIF

Alright lets see weekly close tomorrow.

$130 B coming from blackrock ETF in 16-17 May 2024. The last two days. Are they also scooping more Bitcoin during the weekends?

Pretty late to the party, but cut some $MYRO to get $WIF short, so we can scoop $MYRO again later.

But then again…

Some memes that survive the rugpull is at peak, only few are laggards.