Many are quick to declare the end of this bull market, selling their long-term holdings in capitulation. However, a deep dive into on-chain data, when compared with previous cycles, indicates that we are still in the early stages of this new bull cycle.
Historically, crypto
The Bitcoin market is currently showing signs of a potential downtrend after a long distribution range lasting 29 weeks. Various indicators, including on-chain metrics, dealer gamma positioning, and liquidity clusters, suggest caution for traders. This report aims to provide a
Got my ass whooped in the chop.
Lost 40% of $BTC profits I made from $24.9k to 30k.
Reducing my size for now and going super degen on small account till this thing start trending again
Rektober scammer is back in my DMs. I have his personal details that I am willing to share with authorities.
He’s messaging me on twitter and TG for not exposing him.
People who are filing in SEC against him can reach me in DMs
Three years ago, I couldn't have imagined this moment, when I surprised my mom with gifts that were once financially out of reach. The happiness in her eyes reminded me of the genuine satisfaction found in fulfilling dreams. Small actions can lead to profound happiness.
Wasn't able to sleep entire night.
My friends are in pain.
My bots/APIs are crashing.
I can't compensate for any losses.
I had a lucky escape from fucking FTX (can't be more thankful to
@insilicobunker
and
@jimcattu
)
Remember your life is worth more than any cent lost.
Chasing the breakout into new price discovery. $5M added here.
Close above $70k and I will add another $10M to this position.
Last $5M will be deployed above $73k riding ATH with $20M notional
$TAO- Decentralised AI
$MONAD- Shiny L1 (new SOL of the cycle)
$ZRO- Giga hype and anticipation
$zkSync- ETH future beta
$SEI/ $SUI/ $APT/ $TIA- New tokenomics and bag holders
$Bera- VC darling (rich friends of friends are in the rounds)
Am I missing something?
This cycle has indeed defied many expectations
- The breach below the 2017 ATH was unforeseen by many, shaking confidence in long-standing support levels.
-The ATH before the halving and the ETF release caught many off guard, breaking traditional cycle patterns.