Mercury639

man it seems that none of these intermediaries can be trusted with our money
if only there were an asset that allows self-sovereignty
that would be pretty cool.

on a positive note,
it truly doesn't get much worse than the largest crypto exchange in the world getting hacked + the hackers market selling into thin books
so basically you've been given the clearest all-in signal
which is:
if the market retraces the dip, we go much higher.

*crypto pumping*
the universe:

surely you guys recall how HYPE rallied first, and then the entire crypto market rallied for weeks/months afterwards earlier this year
you got to watch how quickly disbelief turned into FOMO.
after navigating all the pessimism and doomer narratives, imo you're about to see it again,
but on steroids.
goodluck.

$HYPE
markets often rhyme
respect the trend until it breaks, target infinity in the meantime.
goodluck.

"it's so over" as Bitcoin goes from $82k → $80k,
and then "we're so back" from $80k → $82k.
absolute lunatics.
same people that naively think they would've killed it in previous cycles, not realizing the agonizing chop we had to endure majority of the time - currently losing their minds because the market ranged for a month.
never succumb to this kind of behavior if you want to do well in markets; when the move that matters actually happens, you'll be stripped of the confidence required in order to trade it appropriately
so instead of trying to draw assumptions from insignificant price action,

crypto market update:

$HYPE bouncing from daily support and showing relative strength locally
reclaim of HTF trend implies bottom is in and we resume the uptrend into price discovery once again

what if everything works out and everyone was just panicking for no reason?

Cavs are priced as favorites after barely winning vs. Nets, choking a 30 point lead against 76ers, and Twolves have been dominating?
doesn’t make sense.

morale continues depreciating quicker than Bitcoin price action
typical sentiment for the early innings of a much larger bullmarket
there are 2 main areas to watch to support that thesis:
1) the multi-year trend portrayal which represented a larger selloff in November of last year being held on the recent flip (2D 200MAs)
2) maintaining the same HTF trend representation that sparked the only meaningful rally in over a year in the first place (12H 200MAs)
as long as these inflection points are held on a trending basis, I think it's fair to say we just need to be patient.
goodluck to all.

I'm actually really sorry for claiming that all indicators are long-term unprofitable on their own, without discretion.
I have been enlightened.
a friend of mine just showed me their backtests of a momentum algo that they used Claude to code
because clearly, backtests matter a lot.
example: if you used momentum trading algos on $AAPL since 1980 when it was 0.10, you'd be up like... a lot of money.
out of the goodness of his heart, he's letting me give you guys access for $2k (one lifetime payment upfront)
just let the algo run and print infinite money forever.
(please do NOT ask why I'm sellin

took a few trades that didn't work. lost some money.
higher low on the portfolio after higher highs. good time to enjoy the weekend and let the market do what it wants. life is a bullmarket.
goodluck to all.

gotten some criticism lately for not posting actionable trade ideas
“your name is ‘Trader’ Mercury, where are the trades?”
lol.
a few things:
- I am not your paid group leader.
when I was posting actionable ideas at the lows, many of you were too bearpilled to care:
- posted ETH and was told I was delusional for thinking it could ever catch a bid (vitalik selling + ETH is dead), now 60% higher
- posted that I bought more BTC at ~60k and added to my investment account for the longterm and got criticized that it was a hedged post (I explicitly said: “I bought more for the first time in years”)
-

it makes more sense to be bearish when we are going down for a year straight,
and not when we finally start going up after going down for a year straight.
believe it or not, this is alpha.

trying player props today
with Deebo out and Mike Evans questionable I’m thinking Kittle is gonna be primary target

everyone in crypto is so miserable when the market starts to chop and bleed
which is hilarious because it literally does this 80% of the time
whether you’ve been here 8 years or 8 months
this is exactly what you’ve gotten accustomed to for a large majority of the time you’ve spent in this market
most of the year we do a bunch of nothing or bleeding, then a few times out of the year we have absolutely manic rallies
get used to it. adapt if you haven’t already; this will never change.
same way that during rallies you will always have to hear most complain about “but if you missed these 2 weeks i