WTI crude oil has pushed above the $85 per barrel level as renewed tensions in the Middle East increase concerns over global energy supplies. Brent crude has also moved back above $90, adding another inflationary pressure to global markets. #WTICrudeBreaksAbove
For markets, the key question is whether higher oil prices remain temporary or become a broader inflation problem. If energy prices stay elevated, investors could start pricing in a more cautious Federal Reserve, potentially reducing expectations for rate cuts or even increasing rate-hike bets.
This could create headwinds for risk assets, including crypto. Bitcoin may remain relatively resilient, but higher yields and a stronger inflation narrative could put additional pressure on altcoins and speculative tokens. A sustained move in oil above $85 could therefore become an important macro signal for crypto traders.
$SKR : Seeker, which was on yesterday’s gainers list, is a Solana based phone project. Frankly, it has no fundamental significance, but I had mentioned it could go up because its market cap is extremely low. I still think the same.
$ZORA There’s almost no trading activity on the Zora network, which launched as an NFT network. In other words, it’s in a dire state, but it could also rise for the same reason as SKR its market cap is very low.
$FLOCK In my opinion, it definitely doesn’t deserve its current price. It’s quite likely we’ll see another drop back to where it came from.
Here are the details that stand out when looking at Binance data:
For long positions, there have been $6.75 billion in liquidations up to the $54,000 level.
On the short side, there were $4.21 billion in liquidations at the $92K level.
Since these figures are long-term, it’s normal to see slightly higher levels, but significant capital will still be wiped out by a surge in long positions.
Which direction do you think the market will take?
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Why? Because, as you can see with the Niu listing, the hype is here right now, and other coins have started to rise as well. I think any upcoming futures or spot listings will also come from here.
So don’t skip this stop looking for 5–10% gains in altcoins and let’s go after 10X–20X returns here instead.
$ZKC It used to have a bad reputation due to allegations of fraud by the team back in the day, but as the years have passed, this has been forgotten. It’s gaining 1 per hour. So it could keep going.
$SKR It’s a project based on the Solana blockchain, but its fundamentals are rather weak; although its market cap is low, I still don’t think it will rise.
$PROM This is the only coin among these three that regularly features on the list. I’d previously mentioned it would rise, and it’s progressing just as I said.
South Korea’s single-stock leveraged ETF trading is losing momentum. In my opinion, this could be a sign that investors are becoming more cautious about highly leveraged and aggressive investment products. #koreasinglestockleveragedetftradingfalls
When interest in leveraged products starts to decline, I usually see it as a potential warning for overall risk appetite. Investors may simply be less willing to take extreme risks, especially after periods of intense volatility.
For the crypto market, I think this could create short-term pressure. Bitcoin and especially altcoins are heavily influenced by investor risk appetite, and declining interest in leveraged trading could mean less speculative capital entering high-risk markets.
For now, my view is that the key signal is clear: speculative appetite appears to be cooling, and the crypto market should closely watch this shift in investor behavior.
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$MAGMA I mentioned MAGMA in my analysis yesterday since it was on the list. I’ve been tracking it for a long time and sharing my insights with you. I’ve said every time that the uptrend would continue, and today it rose by 30%.
$CLO Another coin that pops up on the gainers list from time to time, but its price movements are always just pump-and-dump schemes, which is why I don’t like this coin. I think it’ll drop again.
$DEXE A coin we once made thousands of dollars trading. We analyzed its drop from $50 to $1 together. It’s currently at $2.30, but I don’t really think this rally will continue. It makes more sense to stay away from it right now.
These are my personal experiences and thoughts. NFA!!
This bill, which has been proposed in California, targets public officials who issue memecoins in their own name or through affiliated entities. In my opinion, the key point here is that this isn’t a blanket ban on the entire memecoin market. Rather, the aim is to impose limits on tokens created primarily by politicians that are prone to serious speculation. #californiabillwouldbarofficialmemecoins
In the short term, this news may be perceived as bearish, particularly for political memecoins. However, I believe its impact on the broader memecoin market will be limited. In fact, in the long run, a reduction in the number of highly speculative and manipulation-prone projects in the market could help make the sector more reliable.
From my perspective: This news isn’t a cause for panic across the entire memecoin market; it’s more of a negative development for the “political memecoin narrative.”
Do you think this situation will reduce interest in memecoins?
Ontology is an older coin that was listed in 2023; there haven’t really been any significant developments anyway. What matters to us is the funding collected once every hour.
Yesterday, I told you that I was keeping this position open for the funding and that I was generating a steady income every hour.
The hourly funding hasn’t stopped, and I’m still making money.
Do you think I’ll make a profit when the trade closes?
Fed Chair Kevin Warsh’s comments came in more hawkish than markets expected. Warsh said inflation is still too high, the 2% PCE target is certain and fixed, and the Fed still has work to do unless inflation returns to target at a sufficient pace.
He also noted that the labor market remains stable and financial conditions are not restrictive enough. #warshsaysinflationisfedtopfocus
Following the remarks, #Bitcoin dropped around 4%.
The scenario markets feared is back on the table: rate cuts could be delayed, while future rate hikes could even become a possibility.
For Bitcoin and other risk assets, higher-for-longer rates remain one of the biggest risks. Now, all eyes are back on the next inflation data.
$LIGHT : Frankly, this coin is outdated, and I don’t think there’s any potential for hype. Its market cap is at very low levels 9M so even if there’s manipulation, it’ll eventually crash. It’s hard to predict its short-term trajectory.
$CHILLGUY : One of the Solana memecoins its time has passed but let’s not forget that coins like ACT and PIPPIN were heavily traded in their time; it might be ChillGuy’s turn now, so it’s worth a try with a small risk.
$MAGMA : I’ve mentioned this one quite a few times before. It’s been appearing regularly on the gainers list for a while now. It’s a coin in the alpha phase, but its supply is concentrated, so its upward trend could continue.
A few days ago, I shared some clear and straightforward thoughts with you. I explained that HEMI is a project well-positioned for growth, given its overall project and token status.
You can see the result. The first reason for this was that the market cap was very low and it’s still low.
Another reason was the partnerships it had formed and its token distribution; the project had really made a name for itself in this regard.
That’s why I said it would continue to rise, and the result was a 3x increase. I think there’s more to come.
In today’s update, I can clearly say that #Bitcoin has slowed down. That strong momentum seems to have faded a bit right now.
This could be a planned move it might appear as though momentum has dropped and the price is about to fall, only to continue rising again. I think this is a high probability.
As you can see in the chart, all the liquidations have settled at the lower levels; these areas might be targeted for buying. Let’s not forget this possibility.
Right now, you can see that I’m showing a significant loss in the PNL section. Actually, the situation is a bit different when you look deeper.
The funding fee is currently charged hourly. Also, at these levels which means that anyone who opens a LONG position is making a substantial profit every hour.
These amounts will be added to the PNL when the trade closes.
Do you think I’ll be able to close this trade at a profit?