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Bitcoin has Saylor. Ethereum has Tom (and things are not all rosy for them). And for altcoins, there’s only the project team that’s doing its own market-making. And this isn’t a joke—the main reason why accumulating altcoins right now is almost masochism. Walk through the cycle in your head. How many altcoins have actually managed to outperform Bitcoin? Three or so. The rest have turned into trash relative to BTC. Then it gets worse. Today, on any major exchange, you can buy spot shares of US companies with USDT. And trade their futures. Money is leaking out of crypto into Nasdaq in five seconds. Competition for liquidity has increased by an order of magnitude, and the number of coins hasn’t. How many tokens can realistically keep the market fed? Ten? Twenty? Not hundreds. I don’t rule out that one day there will be a mini alt-season. You’ll go in, make one wave, and get out. But stacking altcoins in your portfolio now, hoping they’ll survive the winter—this is just looking for problems out of thin air. Liquidity isn’t infinite. Most coins simply won’t make it to the next bull market.
Honestly, earlier the crypto market was the main arena: we watched narratives, chased hype, lived by it.
Now there’s a different approach—trading stocks and choosing narratives across different markets. If crypto looks like a complete bottom (Solana has been closing with a bearish candle for 10 months in a row, lol), you can simply switch to something less depressing and less manipulative.
I used to proudly say: “I trade only crypto”—and I felt comfortable. Now either sit and wait, or adapt.
Bitcoin has Saylor. Ethereum has Tom (and not everything is rosy for them). As for the alts—there’s only the project team doing market-making for themselves. And this isn’t a joke, it’s the main reason why buying altcoins right now is almost sadism. Walk through the cycle with your head. How many alts have actually outperformed Bitcoin? About three. The rest turned into slag relative to BTC.
Saylor is selling even more Bitcoin without any reaction from the market.
This particular risk/episode is over. Saylor is no longer a threat in this bearish market (honestly, he never really was, and people have written a lot of nonsense).
We had a run of bad news with no follow-through.
Another +1 for the bulls’ collection.
In the end, BTC wants to keep going up. It just needs a catalyst, which can still start with a wave of capitulation.
Hedge funds on CME have shifted to a net long position in $BTC futures for the first time in years, abandoning a market-neutral arbitrage trade in favor of an active bet that Bitcoin’s price will rise, according to CryptoQuant.
$ETH held the horizontal support boundary. May resume growth. For now, it looks like a retest of the pattern boundary. #ETH
Trader_RG
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$ETH Without complicating things—just by looking at the S/R levels: $1,818 is the level that needs to be held if the bullish impulse is to remain intact. As long as price stays above $1,818, the doors to $2,157 and higher remain open. Lose $1,818, and price will return to the lower range, with the lows becoming a magnet.#ETH
Be patient: the market is not a cash machine; without this mysterious self-confidence As soon as you step into low timeframes, there’s plenty of noise there, and it’s easy to turn into a player on a slot machine that will drag you by the legs and won’t let go Reduce the frequency of your trades and pay fewer exchange commissions The more you wait for higher timeframes—whether spot or swing with a low leverage— Participate only in the best trading opportunities: PA above 4H Confirmation on the monthly and weekly levels, plus high data compatibility across order flow
Just stumbled upon a $SUI chart and saw an old projection that is being executed perfectly right now.
A potential setup with three touches with a deviation in the middle should hold this support zone here so the idea remains valid, and if it does, then this should go well🤝#sui
$ETH Without complicating things—just by looking at the S/R levels: $1,818 is the level that needs to be held if the bullish impulse is to remain intact. As long as price stays above $1,818, the doors to $2,157 and higher remain open. Lose $1,818, and price will return to the lower range, with the lows becoming a magnet.#ETH
First, let’s recall the July bounce that ended the mean reversion over the entire month of June. Then, from the perspective of the higher timeframe, August becomes the most bearish month for $BTC and the stock market. It’s possible that yesterday’s session in the equities market was the last weekend pump. If things are indeed like that, I hope $BTC holds the July opening price, otherwise that would be a catastrophe. In any case, I don’t have positions—I’m waiting to pick up the corpses and clear the battlefield.