🔥 Gmmm guys. Let’s get up early and take a look around the market
1. $BTC - The monthly trend is still sideways, with a slight decline
The main trend for BTC this month remains unchanged. After last month’s extremely strong rally, BTC is likely to move sideways or decline this October if it wants to continue rising toward the end of the year.
Recommendation: For SPOT buys, you could consider the 77–80K range if the price drops there. I don’t recommend trading Futures during this period. You could go Long and gradually DCA if the price reaches the Spot level, guys.
2. $ETH - Altcoins are weak, with no recovery momentum
It’s very difficult for Altcoins to maintain momentum while BTC is moving sideways like this. We’ve just had a mild Altcoin season, so in my opinion, another wave of gains in a second leg is now very unlikely.
Short win rate: 65%; the rest allocated to Longs.
3. $SPCX - Still holding half of the SHORT position
SpaceX is starting to FOMO across every platform, so a correction is more likely than ever at this point. Who knows when Elon will need cash and start selling off?
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The Funding trades will keep coming. We’ve already reached 40% of our goal of 100 trades by Tết. If it’s good enough, I’ll post it so you guys can get an entry!
1. $BTC - The monthly trend is still sideways, with a slight decline
The main trend for BTC this month remains unchanged. After last month’s extremely strong rally, BTC is likely to move sideways or decline this October if it wants to continue rising toward the end of the year.
Recommendation: For SPOT buys, you could consider the 77–80K range if the price drops there. I don’t recommend trading Futures during this period. You could go Long and gradually DCA if the price reaches the Spot level, guys.
2. $ETH - Altcoins are weak, with no recovery momentum
It’s very difficult for Altcoins to maintain momentum while BTC is moving sideways like this. We’ve just had a mild Altcoin season, so in my opinion, another wave of gains in a second leg is now very unlikely.
Short win rate: 65%; the rest allocated to Longs.
3. $SPCX - Still holding half of the SHORT position
SpaceX is starting to FOMO across every platform, so a correction is more likely than ever at this point. Who knows when Elon will need cash and start selling off?
---/---
The Funding trades will keep coming. We’ve already reached 40% of our goal of 100 trades by Tết. If it’s good enough, I’ll post it so you guys can get an entry!