DoubleEdge

update for bitcoin:native outlook. The forever resilient 80k lvl is finally fucked after CZ raped us again. What is interesting? The sell-off of brypto land is not so heavy as everyone was expecting which is fine but not when the correlation is picking up dramatically after

The relative strength from alts lend is very obvious as you can see in the chart below. Imo we are at the key point for many alts: either bounce from here and go for decent run or corn going to pick the leader-ship and alts will be eventualy scope lower at the cottom multi-month

The biggest order-book depth bid since July for bitcoin:native

Gmmmm

hyperliquid:native 90$ Programmed

I shared my idea about hyperliquid:native few days ago. Also you can join my free discord group where I'm more active:

October 29 Yesterday’s leaders are getting tested this morning. SOXX closed up 2.13%, but it’s giving back roughly 2% premarket. QQQ is red too. After earnings, I’m mostly watching whether buyers show up once cash opens. The AI bull case still has backing. Azure grew 48%,

27 Oct Interesting tape today. Semis are doing most of the heavy lifting with $SOXX +2%, while $QQQ is up 0.4% and $SPY is basically flat. Equal-weight $RSP is red and small caps aren't doing much either. So yeah, decent bounce in the leaders, but breadth is still pretty meh.

Been watching hyperliquid:native here and imo it's sitting at a pretty interesting spot, just at a kinda shitty time given the overall market conditions. Today's announcement is a decent positive catalyst with Hyperliquid planning to support new deployment configurations for

You can make a perfect trade and lose money. Or make a completely bad trade and earn 20%. The first might be the result of a sound process, the second, a matter of luck.

BTC sneezes, alts need life support. Last 6H: BTC -0.22%. All 20 alts in my fixed basket red. Every single one underperformed BTC. Volume picked up. Sellers did the heavy lifting. Weekend casino open. Broad participation on holiday.

risk-off

Said earlier energy looked solid. Crude is still defending the $88–89 S/R and the reaction looks pretty decent. Wouldn’t be surprised to see another push higher from here. $94–95 is the first area I’d want reclaimed.

ethereum:0xfe0c30065b384f05761f15d0cc899d4f9f9cc0eb is still one of the best looking chart in crypto land.

Spot is bidding near:native hard here. One of the few alts still holding up decently besides corn. Either a daily SFP cooks the breakout longs, or spot sends this into a violent overshoot. Liqs around $6.5 give the upside a decent target. Fail to hold the breakout and $4.8

When the easy regime is ON, suddenly everything you touch works. That’s also when people get the most stupid. Don’t let a screen full of green turn into FOMO and round-tripped PnL. Take profits, keep the same strict rules, respect invalidation and don’t overstay. Do that and

It's good to be plumb trader again.

Happy to new $BTC local high to everyone.