James Adrian | TRADING 🐋

🪙Crypto Market Overview 😀Market decline - analyzing what happened. Looking at the liquidity map, combined with the rise in open interest in futures, it all seems like manipulation. There were also minor fundamental reasons behind this (see the TradFi section). BTC fell below the channel boundary on the daily timeframe, and most altcoins entered a correction. One concerning factor in this rise was the very low spot trading volumes, both on Binance and Coinbase. Most of the heat seems to be concentrated in futures. This is not a good sign. TON is still holding up relatively well. Regarding HMSTR, I was wrong yesterday, not realizing that the Binance listing had already taken place. It could drop to $0.002, and from there, we’ll see how things play out. 😀TradFi Today, Powell, the head of the Fed, entered the scene. At first, he didn’t say anything new, but during the Q&A session, he began to undermine hopes for a 0.5% rate cut at the next meeting. This led to the market taking a final plunge. However, after his speech, a rebound began. 😀News Ethena has put forward a proposal to launch a spot exchange based on USDe. This sounds promising. Bithumb, the second-largest cryptocurrency exchange in South Korea, announced that it is considering a listing on Nasdaq. This is a long-term positive development. On the perp exchange Hyperliquid, one user holds a BTC long position worth $200 million, which is larger than all perp DEX longs combined. 😀Base Scenario We will likely see some growth, but from the current levels, there might be a rehearsal, with the main growth wave starting from around $62,500 - $62,700. In many altcoins, I expect the upward movement to start fading soon. 😀What to Long Today MOODENG saw a significant drop today, but ByBit is already hinting at an upcoming token listing. PHB (the native token of the Phoenix exchange) is showing movement similar to what OKX’s native token experienced last year — a long and relentless rise. The new token EIGEN also looks strong.

GM🐋

Any questions?

Wait for goal

New trade. ALT - SHORT Entry zone - 0.1317 - 0.1383 Targets for fixation: 0.1316, 0.1304 Take profit: 0.1281 Stop: At your discretions. I’m without sl yet . Only 1% of the deposit! It is very important!

Looking for a new position for us.

🗣Close 30% of the trade and stop to entry point🔥.

GMT looks strong against the backdrop of falling bitcoin.

🐋

🗣Close 40% of the trade and stop to entry point🔥.

🪙Crypto Market Overview 😀BTC has broken above the channel's peak. Historically, after spending a few days in this zone, BTC tends to fall. ETH has not surpassed its August 24th high, and the $2800 zone is rich in liquidity, making it unlikely that it will go uncollected. Ethereum PoW (ETHW) saw a significant pump. It might reach $3.5, but betting on anything higher seems risky. The meme coin NEIRO, which has been aggressively pumped in the past two weeks, is nearing a new all-time high. Caution is advised with leverage, as the market appears to be heavily controlled by a few market makers who could sell at any moment. The overall market has been active, but SUN, the token of the main DEX in the Tron network, is notably declining. SUNSwap’s platform for launching meme coins is losing popularity, and the SUN token is visibly deflating. 😀TradFi The week was light on reports, and the PCE inflation data was unsurprising. Bloomberg published an article about the possibility of the Fed cutting rates by 0.5% at the next meeting, which seems to have been accepted by investors based on futures trading. However, the GDP growth forecast has been raised, and recent secondary reports were strong, making it premature to bank on a 0.5% cut. China is stimulating its economy, leading to over a 15% rise in Chinese stocks, positively influencing global markets. More economic stimulus measures are expected from China next week. 😀News Binance founder CZ is expected to be released early today after serving 119 days in prison. CNN featured an article about the meme coin MOODENG on Solana. Moo Deng, a cute dwarf hippo from a Thai zoo that went viral, is the inspiration behind the coin. It appears that the creator invested enough to secure a feature on CNN, showcasing successful marketing. 😀Base Scenario BTC is unlikely to fall below $65K before Monday. Looking 1-2 weeks ahead, the breakout might be false, and I expect another wave of decline. Tomorrow, we may see more altcoin pumps. It's worth looking for coins that haven't yet jumped. 😀What’s Long Today NEIRO and ONT are likely candidates for a pump in the next 1-2 days.

I just don't see your reactions🙂

Guys, are you all awake? I'm sending you a market analysis?

Good morning guys. Spread a detailed review on bitcoin and the market yesterday, I'll post it for you today. Wake up❤️

I continue to be in GMT position.

If you have GMT at or near the entry zone, it is better to close the position. I expect bitcoin to decline slightly in the coming days.

Good morning, everyone. Our trades are still in an uncertain position. Later I will give you an update on these trades and analyze the market.

Don't forget the reactions🐋