If we do see lower early this week, my focus will be on $BTC and $ETH. Current relief rally showing that ETH wants to bounce the hardest, but you never know when the king will take the lead again. Not tryna to be a $SOL hater, but looks to not have a place in current environment.
@danimaixxx I think that’s what you’re hoping or positioned for and I wish you luck, but no I explained my thoughts in this tweet.
Crypto Chase
Crypto Chase3.8. klo 21.43
$BTC Into the Daily bear FVG. Typically these provide continuation in local trend direction (down). Daily closes above and I could be convinced of a bottom. For now, need to see how equities play out this week. I trimmed some risk from $ETH 34~ avg entry, $SOL 157~ as well. This is a difficult area to trade. I don't believe invalidation comes until BTC 105~, ETH 3K~, SOL 140~, etc. so in order to get a strong position size, I need better entry prices. I'm not willing to open big size here and suffer a huge loss with far invalidations. If I don't get better entries, it's okay, there's always another trade. General thoughts are that equities still have lower liquidity to grab, bottoming on a Saturday would be quite weird (recent bottoms were Sun/Mon and tariff bottom was Mon/Wed), and simply the market isn't offering a great R/R trade at the moment so I'm staying patient/nimble for a better setup whether that's better entries or more confirmation of a bottom from here. We'll see.
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