SC Futures Traders - Channel

Coinbase bids are ready to absorb the correction. H-11 ETF approval announcement.

Penutupan minggu,bulan,tahun,

4hr candle says that we are fighting to hold $42K

1. Bitcoin touch that $43K level. Making lower high still. ETF priced in still valid. Needed new sentiment to get higher. 2. Funding rate is still high atm, even though market gets corrected. Confident it will snap on the announcement. Beware there. Will be watching. 3. Its good that end of the year you dont need to look at charts. So, enjoy your new year celebration 🙌🏻

$LINK

Happy sideway is still on the range

TLDR: Secure your profits, probably is not good idea, if not best idea. Nobody went broke consistently paying themselves. But, correction will be open a window of interesting level to accumulate spot again if you are in a DCA mode for one of your portfolios.

People are still expecting halving will be the biggest sentiment of the industry. So that is why, not many funds will be exit the industry, rather attracting more inflows, until next ETF approval announcement. Furthermore, skip skip, we are in mid year of 2024, everyone expecting the FED to not have rate hikes. Then US election in November and then probably we’re topping in early Q1 of 2025. If ETF approved, bigger inflows, prolong the bull to breath until end of 2025.

LTF play: not gonna be too confident we can reclaim, since the narrative that we mentioned that HTF will pretty much going to have a correction. How big? The range can be $40K - $38K. Much worse? Well we can talk about it later. So the best LTF play atm is sideways for BTC until ETF approval announcement is sideway upon this range $42K - $44K which happen to be estimated less than 2 weeks. Possibly will not getting out of this range until we get another sentiment going on. Alts: sideways will gives alts breath. Which we saw that happened. Alts that already getting the maximum short term capital rotation, will get corrected, but, will not get any lower than last weekly open. The capital rotation continue to smaller alts sooner or later. After ETF approval announcement? Wether it gets rejected or approved, both are still bullish for the year, will not making any lower price than yearly open. So, it will only make us to wanting unloaded in a premature way on the unfinished bull run. Cont…

$sol udah, wen $link 🪢

Siu

Momeng dimana lo merasa whale mantau, nunggu-nunggu-nunggu, pas lo entri, dia berlawanan arah 🤣

Total2 Market cap crypto selain BTC

Total3 Marketcap semua altcoins, selain ETH.

Siu

Hit SL on algo

$SUI low lev SL & Target

$SUI low lev SL & Target

Prefer sideway on this range (= The longer the sideways, the longer alt pumps.

At some point, HTF correction is due. Just dont know where exactly the momentum is. Since timing the market is not a good idea, all we can control is put stop loss. Recently Michael Burry loss more than Rp 15 trillions for him to time the market. So who are we? (=