Crypto Luter

SIREN – Sharp Drop, Extreme Volatility in Play 📉
$SIREN has experienced a heavy market drop, with a large amount of value wiped out in a short time. The move has triggered major liquidations, especially among highly leveraged traders.
Current View – Bearish Bias
Despite the drop, there are still attempts from buyers to push price up, but the overall structure remains fragile and unstable.
Key Observations:
Significant liquidations and capital loss
Highly volatile price action with rapid swings
Market driven by leverage and sentiment rather than stability
🧠 Insight:
When both sides (longs and shorts) get wiped out, it often signals a high-risk environment, where price can move unpredictably before settling.
⚠️ Expect extreme volatility and sudden reversals. Managing positions and controlling risk is critical.
👉 Overall bias leans bearish, but conditions are unstable—stay cautious.$SIREN 👇

Pakistan Opens Doors to Crypto with New Licensing Regime

Pakistan has launched its first formal regulatory framework for virtual assets, opening a licensing application portal for cryptocurrency exchanges and service providers on August 22 . The Pakistan Virtual Assets Regulatory Authority has given existing operators until September 5 to apply for a "No Objection Certificate" or cease their operations . This marks a significant shift from Pakistan's historically restrictive stance, with the Virtual Assets Act already passed by the Senate and signed by the President . Prime Minister's Special Advisor on Crypto Assets Bilal Bin Saqib publicly invited foreign crypto firms to enter the Pakistani market, stating that "Pakistan's doors are open" for businesses willing to obtain licenses and integrate with the banking system . Pakistan has also previously disclosed plans to establish a national strategic Bitcoin reserve and allocate 2000MW of surplus government power to Bitcoin mining and AI data centers . The move signals Pakistan's ambition to become a regional hub for digital asset innovation.
#GoldNearsThreeMonthHigh

SEC Proposes Regulation Crypto Assets: A New Framework for Fundraising

On August 18, the U.S. Securities and Exchange Commission formally proposed "Regulation Crypto Assets," a landmark rulemaking that would create two exemptions from securities registration requirements for crypto projects . The first exemption would allow eligible issuers to raise up to $5 million over a four-year period with minimal disclosure requirements, while a second tiered exemption would permit offerings of up to $75 million annually with financial auditing and ongoing reporting obligations . The proposal also includes a conditional safe-harbor provision that could free digital assets from investment-contract restrictions once the issuer completes or permanently ceases its core managerial efforts . The proposal now enters a 60-day public comment period, with implementation potentially taking months . For blockchain ecosystems like Ethereum and Solana where new project formation is most active, this regulatory clarity could accelerate development and attract more capital flowing to these chains .

White House Crypto Summit Signals End of "War on Crypto" as CLARITY Act Gains Momentum

President Trump convened a historic Crypto Summit at the White House on August 22, bringing together crypto industry executives, Wall Street leaders, and federal regulators in a meeting that signaled a structural shift in U.S. crypto policy . Trump publicly declared that the era of the "war on crypto" has ended and urged Congress to pass the CLARITY Act by September 2026, which would establish clear jurisdictional boundaries between the SEC and CFTC . Perhaps the most market-moving catalyst was speculation that the U.S. government is considering large-scale Bitcoin purchases as a strategic instrument to reduce pressure on the dollar . The meeting featured executives from Coinbase and Ripple alongside traditional finance leaders from NYSE and Nasdaq, underscoring that tokenization and digital assets are now recognized as integral to America's future financial infrastructure . This regulatory clarity is being viewed as a fundamental shift that could attract significant institutional capital previously sidelined by legal uncertainty.

$BTC Holds Above $77,000 After Historic Weekly Rally Fueled by Short Squeeze

Bitcoin is consolidating above $77,000 after a monumental weekly rally of over 22% that saw the cryptocurrency briefly touch $79,000 before a weekend pullback to around $75,800 . The rally was triggered by a combination of factors including a massive short squeeze that liquidated billions in bearish bets, the U.S. Treasury's bond buyback announcement that weakened the dollar, and renewed institutional demand . U.S. spot Bitcoin ETFs recorded approximately $1.9 billion in net inflows last week, marking the strongest weekly inflow since October 2025 . The Coinbase Bitcoin Premium Index turned positive for the first time since May 19, ending a record 97-day negative streak and signaling a recovery in U.S. spot demand . However, approximately 53,000 BTC flowed into exchanges over the past three days, primarily from short-term holders taking profits, suggesting that some selling pressure is emerging at these elevated levels . Analysts at Standard Chartered noted that this rally could become self-reinforcing, with a risk that their $100,000 year-end forecast may prove conservative .

$SCRT /USDT Perp – "Bullish Continuation – Long"**
**Trading Plan Long $SCRT
Entry: 0.01825 – 0.01845
SL: 0.01800
TP1: 0.01870
TP2: 0.01890

SCRT is up +12.64% at 0.01845, pushing far above the EMA30 (0.01778). MACD is bullish. TP at the 0.01897 high. SL below 0.01800

$ACU /USDT Perp – "Breakdown Below Support – Short"**
**Trading Plan Short $ACU
Entry: 0.1080 – 0.1085
SL: 0.1095
TP1: 0.1065
TP2: 0.1055

ACU is down -0.20% at 0.10736, trading below the EMA30 (0.10791). MACD is bearish. The 0.11144 yellow line is the ceiling. TP targets the 0.10552 low. SL above 0.1095.

$AXTI /USDT Perp – "Breakdown Below EMAs – Short"**
**Trading Plan Short $AXTI
Entry: 67.25 – 67.50
SL: 67.80
TP1: 66.80
TP2: 66.50

AXTI is down -1.47% at 66.99, trading below the EMA5 (66.89) and EMA30 (67.55). MACD is bearish. The 69.13 yellow line is the hard ceiling. TP targets the 66.20 low.

$SPACE /USDT Perp – "Bullish Recovery – Watch Long"**
**Trading Plan Long $SPACE
Entry: 0.00489 – 0.00492
SL: 0.00485
TP1: 0.00496
TP2: 0.00500

SPACE is down -1.07% at 0.004913, recovering from the 0.004804 low and reclaiming the EMAs. MACD is turning bullish. TP at the 0.004949 yellow line. SL below 0.00485.

$HYUNDAI /USDT Perp – "Failed Recovery – Short"**
**Trading Plan Short $HYUNDAI
Entry: 295.8 – 296.5
SL: 297.5
TP1: 294.5
TP2: 293.5

HYUNDAI is down -1.03% at 295.1, rejected below the EMA30 (295.8). MACD is bearish. The 299.3 yellow line is the ceiling. TP targets the 293.8 low.

$KUAISHOU /USDT Perp – "Breakdown Below EMAs – Short"**
**Trading Plan Short $KUAISHOU
Entry: 4.29 – 4.31
SL: 4.35
TP1: 4.25
TP2: 4.22

KUAISHOU is down -3.08% at 4.277, trading below the EMA5 (4.281) and EMA30 (4.346). MACD is bearish. The 4.482 yellow line is the ceiling. TP targets the 4.243 low. SL above 4.35.

$AKE /USDT Perp – "Bullish Consolidation – Watch Long"**
**Trading Plan Long $AKE
Entry: 0.00858 – 0.00862
SL: 0.00850
TP1: 0.00868
TP2: 0.00875

AKE is down -0.44% at 0.0086082, holding above the EMA cluster. MACD is bullish. TP at the 0.0086598 yellow line. SL below 0.00850.

$HANA /USDT Perp – "Bullish Reversal – Watch Long"**
**Trading Plan Long $HANA
Entry: 0.01760 – 0.01775
SL: 0.01750
TP1: 0.01790
TP2: 0.01800

HANA is down -1.82% at 0.01777, but holding above the EMA5 (0.01764) and EMA30 (0.01742). MACD is turning bullish. TP at the 0.01783 high. SL below 0.01750.

$ZEST /USDT Perp – "Failed Breakout – Short"**
**Trading Plan Short $ZEST
Entry: 0.1360 – 0.1365
SL: 0.1375
TP1: 0.1350
TP2: 0.1345

ZEST is down -0.83% at 0.13577, trading below the EMA10 (0.13553) and EMA30 (0.13610). MACD is bearish. The 0.13639 yellow line is resistance. TP targets the 0.13477 low. SL above 0.1375.

$KOMA /USDT Perp – "Breakdown Below EMAs – Short"**
**Trading Plan Short $KOMA
Entry: 0.01250 – 0.01260
SL: 0.01280
TP1: 0.01230
TP2: 0.01215

KOMA is down -0.94% at 0.012453, trading below the EMA5 (0.012435) and EMA30 (0.012531). MACD is bearish. The 0.012744 yellow line is resistance. TP targets the 0.012296 low. SL above 0.01280.

$VCX.US /USDT Perp – "Failed Recovery – Short"**
**Trading Plan Short $VCX
Entry: 43.50 – 43.80
SL: 44.20
TP1: 42.90
TP2: 42.50

VCX is down -2.09% at 43.42, rejected below the EMA5 (43.39) and EMA30 (43.46). MACD is bearish. The 44.43 yellow line is the ceiling. TP targets the 40.44 low.

$SOXX.ETF /USDT Perp – "Breakdown Below Averages – Short"**
**Trading Plan Short $SOXX
Entry: 515.5 – 516.5
SL: 518.0
TP1: 513.5
TP2: 512.0

SOXX is down -1.02% at 514.5, falling below EMA5 (515.2) and EMA30 (518.1). MACD is bearish. The 522.7 yellow line is the sell zone. TP targets the 514.3 low.

$UNITREE /USDT Perp – "Heavy Breakdown – Short"**
**Trading Plan Short $UNITREE
Entry: 90.50 – 91.50
SL: 93.00
TP1: 89.00
TP2: 88.00

UNITREE is down -8.76% at 89.255, crushed below the EMA5 (89.458) and EMA30 (92.572). MACD is heavily bearish. The 97.465 yellow line is the hard ceiling. TP targets the 88.400 low.

$ICNT /USDT Perp – "Breakdown Below Resistance – Short"**
**Trading Plan Short $ICNT
Entry: 0.1140 – 0.1145
SL: 0.1150
TP1: 0.1125
TP2: 0.1110

ICNT is down -0.53% at 0.1137, trading below the EMA10 (0.1128) and EMA30 (0.1138). MACD is bearish. The 0.1146 yellow line is resistance. TP targets the 0.1110 low. SL above 0.1150.

$TRUTH /USDT Perp – "Bearish Rejection – Short"**
**Trading Plan Short $TRUTH
Entry: 0.01286 – 0.01290
SL: 0.01300
TP1: 0.01275
TP2: 0.01265

TRUTH is down -1.19% at 0.012843, trading below the EMA5 (0.012823) and EMA30 (0.012849). MACD is bearish. The 0.012908 yellow line is the sell zone. TP targets the 0.012800 low. SL above 0.01300.