DeFi Squirrel
683 Posts
DeFi Squirrel
Crypto & Tech Veteran | Sharing Different Perspectives & Honest Takes
0 Following
8.3K+ Followers
6.8K+ Liked
Posts
Look, $BTC is doing what it always does — correcting. Nothing's broken here, structure's still holding.
I'm watching $76,400 to $77,100. If those levels hold, we're fine. If they don't? Yeah, we'll see a deeper pullback. But honestly, this is just range-building behavior. Been through this cycle enough times to know what comes next.
And here's the thing — while $BTC consolidates and builds this range, that's usually when altcoins get their moment. We might be setting up for another altcoin leg up. Just gotta be patient and let the structure do its thing.
I'm watching $76,400 to $77,100. If those levels hold, we're fine. If they don't? Yeah, we'll see a deeper pullback. But honestly, this is just range-building behavior. Been through this cycle enough times to know what comes next.
And here's the thing — while $BTC consolidates and builds this range, that's usually when altcoins get their moment. We might be setting up for another altcoin leg up. Just gotta be patient and let the structure do its thing.
$BTC sitting at a fork in the road right now.
If $77.7k support cracks, we're probably looking at a slide down to $74k — not the end of the world, but definitely a deeper pullback than most people want to see.
On the flip side, if this level actually holds (and that's a big if), there's a decent shot we retest $82.7k in the next few days. That kind of move usually gets the altcoin crowd excited for a minute.
No guarantees either way. Just watching the same levels everyone else is staring at. Markets love to fake you out right when you think you've got it figured out.
If $77.7k support cracks, we're probably looking at a slide down to $74k — not the end of the world, but definitely a deeper pullback than most people want to see.
On the flip side, if this level actually holds (and that's a big if), there's a decent shot we retest $82.7k in the next few days. That kind of move usually gets the altcoin crowd excited for a minute.
No guarantees either way. Just watching the same levels everyone else is staring at. Markets love to fake you out right when you think you've got it figured out.
So $BTC bounced back, which honestly feels decent. If it can actually hold above $78k — like, really hold it, not just touch it and dump — then yeah, we're probably heading back toward those highs.
But that's the thing, right? "If it lasts." We've all seen these bounces that look promising for a day or two, then fold like a cheap lawn chair. The market loves to fake you out.
Still, above $78k is a vibe. Below it? Different story. That's kind of the line in the sand right now.
But that's the thing, right? "If it lasts." We've all seen these bounces that look promising for a day or two, then fold like a cheap lawn chair. The market loves to fake you out.
Still, above $78k is a vibe. Below it? Different story. That's kind of the line in the sand right now.
Caught three solid pieces on stablecoins and CBDCs floating around lately — the kind you actually want to read, not just scroll past. Real substance from people who've been watching this space evolve.
Also stumbled into the whole co-badging rabbit hole. Funny how payment rails work when you actually look under the hood.
If you're into the macro-meets-crypto vibe, worth a look. Not groundbreaking predictions or anything, just good context from folks who know their stuff.
Also stumbled into the whole co-badging rabbit hole. Funny how payment rails work when you actually look under the hood.
If you're into the macro-meets-crypto vibe, worth a look. Not groundbreaking predictions or anything, just good context from folks who know their stuff.
Look, $BTC trends are weird. They stretch way longer than your brain wants to believe. I've seen people get shaken out right before the real move happens — not because they were wrong, but because they couldn't sit through the boring middle part. The hardest thing isn't spotting the trend. It's doing nothing while it unfolds. Most people can't handle that.
Feels like $BTC is coiling up for something big. The vibe right now? Markets want to push higher.
If we crack through $89K, we're probably heading back toward the highs — maybe even testing $82,700. That's when things get interesting for altcoins.
The next altcoin leg usually doesn't start until Bitcoin settles into a move. Right now, it's all about whether we break that resistance or get rejected again. Watch the price action — it'll tell you everything.
If we crack through $89K, we're probably heading back toward the highs — maybe even testing $82,700. That's when things get interesting for altcoins.
The next altcoin leg usually doesn't start until Bitcoin settles into a move. Right now, it's all about whether we break that resistance or get rejected again. Watch the price action — it'll tell you everything.
So $ETH's getting close to one of those zones where the chart looks tempting enough to consider a dip buy. Not saying it's guaranteed — nothing ever is — but if you've been watching for an entry, might be worth keeping an eye on it soon. These setups don't always play out clean, but when they do, they feel pretty good in hindsight.
Honestly, $BTC feels like it's just chopping around with no clear direction right now. Classic indecision zone.
But here's what I'm noticing — altcoins are getting absolutely wrecked even when Bitcoin only dips a little. That's usually a sign that $BTC still has some room to run before things really shift.
If we break through $79,500, I wouldn't be shocked to see $82,700 get taken out pretty quickly. And if momentum keeps building? $90,000 starts looking like a real possibility.
Not saying it's guaranteed, just saying the setup is there. We've seen this movie before.
But here's what I'm noticing — altcoins are getting absolutely wrecked even when Bitcoin only dips a little. That's usually a sign that $BTC still has some room to run before things really shift.
If we break through $79,500, I wouldn't be shocked to see $82,700 get taken out pretty quickly. And if momentum keeps building? $90,000 starts looking like a real possibility.
Not saying it's guaranteed, just saying the setup is there. We've seen this movie before.
Interesting way to frame it — measuring from the absolute pain point of each bear cycle, not just the technical bottom.
That time-pain low hits different than just price. It's when capitulation feels complete, when even the believers go quiet. The real bottom isn't always the lowest price — it's when nobody cares anymore.
Each cycle's low carries its own flavor of despair. 2015 felt like maybe this whole thing was a failed experiment. 2018 was ICO hangover and regulatory fear. 2022 mixed inflation panic with contagion collapse.
Measuring from those moments shows you the true recovery arc — not just price bouncing, but conviction rebuilding, new narratives forming, hope creeping back in.
The chart probably looks cleaner this way too. Less noise from dead cat bounces and fake rallies. Just the genuine climb out of the pit.
That time-pain low hits different than just price. It's when capitulation feels complete, when even the believers go quiet. The real bottom isn't always the lowest price — it's when nobody cares anymore.
Each cycle's low carries its own flavor of despair. 2015 felt like maybe this whole thing was a failed experiment. 2018 was ICO hangover and regulatory fear. 2022 mixed inflation panic with contagion collapse.
Measuring from those moments shows you the true recovery arc — not just price bouncing, but conviction rebuilding, new narratives forming, hope creeping back in.
The chart probably looks cleaner this way too. Less noise from dead cat bounces and fake rallies. Just the genuine climb out of the pit.
Look, I've been saying this for a while — when $BTC hiccups even a little, altcoins don't just follow. They *overreact*. Like watching dominoes fall, except some fall twice as hard.
That's exactly what's playing out right now. $BTC dips 3%, and suddenly your altbag is down 10-15%. It's not fun, but it's textbook behavior in this market.
Here's the thing though — if you've got conviction and some dry powder, these drops are actually setups. Not guarantees, but setups. The kind where you either position yourself or you watch from the sidelines later wishing you had.
Just don't mistake a dip for a top. And don't mistake pain for a reason to panic.
That's exactly what's playing out right now. $BTC dips 3%, and suddenly your altbag is down 10-15%. It's not fun, but it's textbook behavior in this market.
Here's the thing though — if you've got conviction and some dry powder, these drops are actually setups. Not guarantees, but setups. The kind where you either position yourself or you watch from the sidelines later wishing you had.
Just don't mistake a dip for a top. And don't mistake pain for a reason to panic.
Alright, here's the vibe check:
70%+ of $BTC holders are in profit. Price is cruising above the 200-week moving average. RSI says momentum's up. And oh yeah — QE's back on the menu.
Feels like the bear finally got put down and the bulls are running the show now 🚀
Not saying it's a straight line up forever, but when you stack those signals? Hard to stay pessimistic. Just don't get too comfortable — markets love humbling people right when they think they've figured it out.
70%+ of $BTC holders are in profit. Price is cruising above the 200-week moving average. RSI says momentum's up. And oh yeah — QE's back on the menu.
Feels like the bear finally got put down and the bulls are running the show now 🚀
Not saying it's a straight line up forever, but when you stack those signals? Hard to stay pessimistic. Just don't get too comfortable — markets love humbling people right when they think they've figured it out.
There's this phrase Francis Hunt uses — Hotel California debt. You check in, but you never really leave. That's the modern financial system in a nutshell.
He walked me through why markets keep climbing even when the fundamentals are screaming trouble. It's not strength. It's the trap doing what traps do — expand forever, never contract.
We talked about the long-term debt cycle, and why this one can't resolve quietly. There's this Ernest Hemingway line about bankruptcy: it happens slowly, then all at once. That's what we're staring at.
Remember Britain's 2022 pension crisis? A slow leak turned into a bond market crash in days. Forced sellers, collapsing prices. Only cash buyers win that moment.
Most investors are positioned for a world that's about to change under their feet. The exits? Gold and $BTC. Pick your door out of the hotel.
We also covered:
- Why rates are spiking
- The devaluation chart nobody wants to look at
- Japan's trap
- The end of gold-backed money
- Why gold was suppressed for decades
- What's next for gold
Thanks to @OKX for sponsoring. Their deposit bonus ends August 31st.
He walked me through why markets keep climbing even when the fundamentals are screaming trouble. It's not strength. It's the trap doing what traps do — expand forever, never contract.
We talked about the long-term debt cycle, and why this one can't resolve quietly. There's this Ernest Hemingway line about bankruptcy: it happens slowly, then all at once. That's what we're staring at.
Remember Britain's 2022 pension crisis? A slow leak turned into a bond market crash in days. Forced sellers, collapsing prices. Only cash buyers win that moment.
Most investors are positioned for a world that's about to change under their feet. The exits? Gold and $BTC. Pick your door out of the hotel.
We also covered:
- Why rates are spiking
- The devaluation chart nobody wants to look at
- Japan's trap
- The end of gold-backed money
- Why gold was suppressed for decades
- What's next for gold
Thanks to @OKX for sponsoring. Their deposit bonus ends August 31st.
Not convinced this alt run is done yet. Still seeing setups worth watching.
$LINK specifically — thinking we could push toward $14.50 if things hold together. Got my eye on two spots for potential entries: $10.50 and $9.50.
No idea if we actually tag those levels, but that's where I'd be interested if we do pull back. Just staying patient and watching how it plays out.
$LINK specifically — thinking we could push toward $14.50 if things hold together. Got my eye on two spots for potential entries: $10.50 and $9.50.
No idea if we actually tag those levels, but that's where I'd be interested if we do pull back. Just staying patient and watching how it plays out.
Looking at $BTC right now, feels like we're at one of those classic fork-in-the-road moments.
Scenario 1: We bump our heads at $82.7k (last weekly high) and just... chill. Months of grinding sideways, nothing dramatic. Boring, but healthy.
Scenario 2: We don't even blink at $82.7k and push straight to $90k. Then we set up camp somewhere between $76k-90k for a while.
Either way? This sideways action could be the exact vibe altcoins need to finally stretch their legs. Bitcoin consolidating has historically been when alts remember they exist.
Not saying it's guaranteed, but the setup feels familiar. Like that moment before things get interesting again.
Scenario 1: We bump our heads at $82.7k (last weekly high) and just... chill. Months of grinding sideways, nothing dramatic. Boring, but healthy.
Scenario 2: We don't even blink at $82.7k and push straight to $90k. Then we set up camp somewhere between $76k-90k for a while.
Either way? This sideways action could be the exact vibe altcoins need to finally stretch their legs. Bitcoin consolidating has historically been when alts remember they exist.
Not saying it's guaranteed, but the setup feels familiar. Like that moment before things get interesting again.
Alright, here's the vibe I'm watching on $BTC right now.
This zone feels like the line in the sand. We might get a little wick down to sweep out the recent low — classic shakeout move — before we actually bounce. That's just how these things tend to play out when everyone's watching the same level.
If it doesn't hold? Then yeah, we're probably looking at $77,100 next, maybe even $76,400 if things get messy. Not the end of the world, just means we need more time to build a proper base.
But if this does hold? That's when things get interesting. Altcoins usually follow when $BTC finds its footing, and we could be setting up for the next leg up. In that case, $82,700 comes back into view pretty quick.
No certainty here, just watching the price action and seeing which way the wind blows. These levels matter more for reading sentiment than predicting the future.
This zone feels like the line in the sand. We might get a little wick down to sweep out the recent low — classic shakeout move — before we actually bounce. That's just how these things tend to play out when everyone's watching the same level.
If it doesn't hold? Then yeah, we're probably looking at $77,100 next, maybe even $76,400 if things get messy. Not the end of the world, just means we need more time to build a proper base.
But if this does hold? That's when things get interesting. Altcoins usually follow when $BTC finds its footing, and we could be setting up for the next leg up. In that case, $82,700 comes back into view pretty quick.
No certainty here, just watching the price action and seeing which way the wind blows. These levels matter more for reading sentiment than predicting the future.
Tons of altcoins are still sitting at cycle lows against $BTC. Like, their BTC pair charts? Still in the basement.
Most people don't realize — we haven't even started the real alt run yet. Everyone's impatient, checking their bags every hour, but if you zoom out, most alts haven't done anything meaningful relative to Bitcoin.
I've been through a few of these cycles, and this part always feels the longest. You're holding stuff that technically hasn't moved in months, maybe a year, and it's easy to think you missed it or picked wrong. But that's usually when things are just warming up.
The big moves? They come later, and they come fast. Right now it's all about patience and not getting shaken out before the actual party starts.
Most people don't realize — we haven't even started the real alt run yet. Everyone's impatient, checking their bags every hour, but if you zoom out, most alts haven't done anything meaningful relative to Bitcoin.
I've been through a few of these cycles, and this part always feels the longest. You're holding stuff that technically hasn't moved in months, maybe a year, and it's easy to think you missed it or picked wrong. But that's usually when things are just warming up.
The big moves? They come later, and they come fast. Right now it's all about patience and not getting shaken out before the actual party starts.
Honestly wouldn't be shocked if $BTC does one more quick fake-out dip and then bounces right back up. That's just how it likes to mess with people.
But if that dip goes all the way down to $76.5K? Yeah, that's not the fun kind of sweep. That's the kind that makes you question your life choices for a minute.
On the bright side though — if we do get that kind of flush, it'd probably clean out the altcoin mess too. Like ripping the band-aid off. After that? Could be the reset alts need to actually start moving again and give people something to smile about.
It's always the same game. Shake out the weak hands, reset sentiment, then let things run. Not saying it will happen, but it's a vibe I've seen play out more times than I can count.
But if that dip goes all the way down to $76.5K? Yeah, that's not the fun kind of sweep. That's the kind that makes you question your life choices for a minute.
On the bright side though — if we do get that kind of flush, it'd probably clean out the altcoin mess too. Like ripping the band-aid off. After that? Could be the reset alts need to actually start moving again and give people something to smile about.
It's always the same game. Shake out the weak hands, reset sentiment, then let things run. Not saying it will happen, but it's a vibe I've seen play out more times than I can count.
Here's a vibe check: grabbing $BTC between $60k-$80k today? That's basically like scooping it at $20k-$25k last cycle. Same relative position in the market structure.
And alts? Yeah, they're positioned to absolutely rip compared to what we saw before. The setup's different this time — more liquidity, better infrastructure, actual use cases gaining traction. Not saying it's guaranteed, but the conditions are way more favorable than they were.
That $60k-$80k zone might feel expensive now, but zoom out. We've been here before, just with different numbers on the chart.
And alts? Yeah, they're positioned to absolutely rip compared to what we saw before. The setup's different this time — more liquidity, better infrastructure, actual use cases gaining traction. Not saying it's guaranteed, but the conditions are way more favorable than they were.
That $60k-$80k zone might feel expensive now, but zoom out. We've been here before, just with different numbers on the chart.
Most altcoins haven't even budged yet.
$SOL is climbing, sure, but look at the chart — we spent a full year bleeding out, and we've barely clawed back 20% of those losses.
Still, feels like we're entering a good stretch. The setup is there, just gotta be patient and not expect miracles overnight.
$SOL is climbing, sure, but look at the chart — we spent a full year bleeding out, and we've barely clawed back 20% of those losses.
Still, feels like we're entering a good stretch. The setup is there, just gotta be patient and not expect miracles overnight.
Pretty normal pattern here — altcoins bleeding against $BTC when it pumps hard. Tale as old as time.
Once $BTC takes a breather and consolidates, alts usually get their turn. They play catch-up, sometimes violently.
$ETH's already sitting near a higher timeframe support. Could be the first one to bounce when things settle. Not a certainty, just how these cycles tend to go.
Patience pays more than panic in these rotations.
Once $BTC takes a breather and consolidates, alts usually get their turn. They play catch-up, sometimes violently.
$ETH's already sitting near a higher timeframe support. Could be the first one to bounce when things settle. Not a certainty, just how these cycles tend to go.
Patience pays more than panic in these rotations.
Log in to explore more content