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hansolar21
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despite the atrocious sentiment on
ETH
the orderbooks actually look pretty good
#ETH
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hansolar21
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2025-03-03 Daily Vol. G to the M. Absolutely ridiculous save on the weekly candle. Very bitcoin. Very demure. Retrospective - Unfortunately, I had some limit shorts on alts set overnight that got very filled on the news. Took some loses there. - Thankfully the SOL longs to offset the losses. HYPE and BERA longs did okay, but understandably weaker reactions. TP'd HYPE and BERA - Overall, net a small loss. New day, new week, new positioning. - Tactical longs on majors(BTC ETH SOL XRP) around 90k towards Friday. - Luckily no ADA on Lighter perps, so some dignity spared. Thoughts on the Strategic Crypto Reserve News(SCR) - I think the immediate reaction for most people is to sell the pump. - CT is conditioned to be defensive and pretty sidelined on this move. Mostly in either shorts, stables, or holding anything but ADA. - So considering positioning of market participants and the white house crypto summit on Friday, longs seem protected until then. - Macro seems okay into the weekly open : DXY down, yields up, SPX same, JPY same. - SCR generally seems bad for BTC. I think we may see more signs of a BTC dominance top by Friday. - If BTC price holds post the summit, considering SOL/BTC long Macro Context. Bearish Mid-term. - Both tradfi and crypto has been skittish. - Equities is seeing similar patterns to crypto. - Mag 7(<> BTC) saw majority of flows and it kept markets up, while smaller momentum plays are starting to drop like flies. Sentiment is fearful mode. Just like crypto. - Maybe tradfi gets saved by Trump too, but the underlying direction seems pretty clear; derisking. 🕹️Currently trading mostly on @Lighter_xyz. Closed beta. Early. Points. ZK-tech. Backed by big names. Use link to join the party.
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Playbook for a structural break short the first bounce long back at support re-add to shorts on double top
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Lowered my stink bids tldr. markets seems to be using 5-6 leverage a move greater than 20% could lead to a large cascading liquidation. https://youtu.be/ErKrUf0zUxE?t=874 h/t @RiffRaffOz
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4 year cycle is over we're doing 1 year cycles now
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