Jimmie - Crypto Odds

😱 Mr.Píp thought he was already a big fish, but when placed next to our Shark, it turns out he's just a small fry.

In Crypto, seeing a few dozen or a few hundred million dollars makes money seem so abundant that you get tired of counting. But once in a while, looking at the wallets of those Shark guys makes you realize how deep this pond really is.

People call them whales, but some buy BTC for investing, while others buy BTC like us—DCA and add another order.

Sure, being rich comes with this, that. Fellow traders, we’re best staying on the shore watching the big fish splash around—otherwise, if it swishes its tail, boom, your account could be down 20% immediately, hahaha 😃

BTC FINALLY BROKE BELOW $70,000 🥲

BTC continues to slide, officially losing the psychological $70K level everyone has been watching for the past few days.

According to newly shared data, the market has seen another $200 million-plus in positions liquidated, bringing total losses to over $900 million.

A lot of people are probably torn between buying the dip and sitting on the sidelines. Given the current situation, I think it’s best to prioritize risk management for now—trying to catch the bottom with high leverage can easily turn into catching a falling knife.
#BTC #marketcrash

BTC on the D1 timeframe is still maintaining a bearish structure, with each successive high and low getting lower. The price in the image is around 69k2 and is moving toward the support zones below. I expect a bounce at the marked zones, but the price needs to show an actual reaction to confirm it.
The first support zone is around 66k6–67k4, with 66k6 as the key level. This is the former range high before the strong rally. If this zone is breached and the price fails to reclaim it, the next support I’m watching is 62k8, near the low of the previous consolidation range.
The rebound target indicated by the arrow on the chart is around 72k5–73k. Since the chart is on the daily timeframe, this scenario may take several sessions to play out.

Scenario A · Wait for a LONG at 66k6
I’ll wait for BTC to reach the 66k6–67k4 zone, then observe the price on H1. If the price sweeps below 66k6 but closes back above it, then holds this zone on a retest, I’ll look for a long entry on M15.
The entry signal is a higher low followed by a break above the most recent rebound high. The signal will be clearer if rising volume accompanies the bullish candle and the retest holds support.

Scenario B · Wait for a LONG lower down at 62k8
If BTC loses 66k6, then rallies to test it but fails to reclaim it, I’ll shift my focus to 62k8.
Here, I’ll continue to wait for the price to stop falling, print a candle with a long lower wick, and reclaim 62k8 after the sweep. Once H1 forms a higher low, I’ll move to M15 to look for an entry. The price reaching the support zone is only the first step.

ELON MUSK WANTS JENSEN HUANG ON HIS TEAM? 👀

Elon Musk just had another interaction that got the tech world talking, folks.

As rumors started circulating online that Jensen Huang might step down as NVIDIA CEO, someone suggested Elon Musk should hire him.

Elon replied to the tweet, saying it would be an honor.

On one side, there’s Elon Musk with Tesla, SpaceX, and xAI. On the other, there’s Jensen Huang, the man behind AI chip empire NVIDIA.

Just imagine how far their AI, robotics, or space tech projects could go if these two teamed up =))))

But I think this is pretty unlikely. NVIDIA is still a huge name, and Jensen Huang isn’t exactly likely to leave the company he’s spent decades building.

But with Elon Musk, a lot of things that seem like jokes end up coming true, so you never know.

For BTC today, I’m sticking with the same view as yesterday, folks. Price rebounded to the 74k4–74k6 area, then got pushed back down. The zone we were waiting for has been reached, and selling pressure has appeared, so I still expect price to retest the lower boundary around 72k6.

If BTC recovers to around 74k today, I’ll watch for a signal to enter a short position, targeting 72k6. Once it gets there, I’ll only consider entering if there’s a rejection candle, a weak rebound, and then a break below the short-term low. I’ll place the SL above the high of the rebound that produces the signal, and calculate the risk/reward ratio once I have a specific entry point.

This is my personal trading perspective, not investment advice.

After dropping to 72k6, BTC saw buying pressure push it back up, guys. On the H1 chart, price is still making lower highs, so today I’m expecting another bounce to 74k4–74k6, then I’ll wait for a signal to short again.

Once price reaches this zone, I’ll watch its reaction on M15. If a rejection candle forms, volume rises but price is still sold down, and then it breaks below the rejection candle’s low, I’ll consider entering. Price merely touching the zone isn’t enough; I’ll wait for sellers to show up before following through.

My first target is around 73k6, with 72k6 as a further target to retest the low. I’ll place the SL above the high of the rebound that forms the signal, and wait for a confirmation candle before setting the exact level. If an H1 candle closes above 74k8 and price retests it and still holds, I’ll drop this short setup.

⛏️ BITCOIN MINERS HAVE TO CASH OUT TOO: MARA SELLS 13,597 BTC FOR WORKING CAPITAL 🥲

MARA, one of the largest Bitcoin mining companies, just announced that it sold 13,597 BTC, bringing in around $1.1 billion at an average price of about $81K/BTC.

That’s nearly 40% of the BTC the company held at the end of September. And what’s worth noting is that MARA still plans to sell more.

Back in 2024, MARA’s strategy was to hold onto every BTC it mined. Now it’s selling coins to repay debt and fund investments in AI infrastructure and data centers.

Sounds a bit like some business owners in Vietnam. When the market is booming, they say they’re saving their assets for their kids and grandkids. But when they need cash to keep the business running, repay the bank, or open another location, they still have to sell some. =))))

MARA used $750 million of the proceeds from its BTC sales to pay off loans backed by Bitcoin. So it’s not necessarily that they’re bearish or think BTC is about to crash—it’s also about cash flow and reducing debt.

But there’s still something traders should keep an eye on: when major miners start selling their accumulated BTC, it could put additional pressure on market supply.

Retail investors DCA, whales dump, and miners sell to fund AI. Everyone’s got their own strategy.

For BTC today, I still expect it to move sideways within the 73k8–75k5 range while we wait for CPI, guys. Last night, the price climbed close to 75k5, then the M15 candle was pushed back down to 75k1 just as volume surged. It’s hard to tell from the chart whether whales or the crowd were selling, but it’s clear there was strong selling pressure at that level.

For today’s trade, I’m prioritizing a short down to the lower end of the range at 73k8. The price is currently around 74k8–74k9. I’ve already entered and sent the details to the group earlier. If you’d like to join the group and connect with everyone, get in touch with me.

Wishing you all a very profitable trading day!!!

#BTC #CPIdata

This morning BTC made a sharp drop to 73,333, then bounced back up to 75k, thanks to news about the NVIDIA CEO's affair, folks. At 9:07, the price was around 75,280, right at the lower edge of the gray zone I marked. Here, I'm leaning toward looking for a short on a bounce, but let's see if the price can test the 75,414–75,431 zone first and whether buyers still have enough strength to push it up.

If it reaches that zone and gets sold off, the M15 candle breaks below the rejection candle's low, or it bounces to retest and can't get through, only then will I consider shorting. The SL on the chart is 75,959. TP 1 is 74,732. If it breaks below that level and then bounces but can't reclaim it, TP 2 is 74,117. If the price drops straight through 74,732, I'll wait for it to bounce and retest before deciding. There's not much upside in chasing it down when it's already close to the target.

🤩 Nearly $6M in BTC LIQUIDATED IN 24 HOURS

Over the past 24 hours, the market saw around $5.93M in BTC positions liquidated, with longs accounting for $3.76M and shorts about $2.17M.

Rumor has it this is because Nvidia CEO Jensen Huang is once again at the center of drama after admitting to an affair and apologizing to his family, employees, and shareholders. Nvidia has also launched an independent investigation amid concerns related to foreign intelligence.

Whoever cheated is responsible for it, okay? BTC isn’t obliged to break up with anyone 🖕

If it keeps pumping and dumping like a shitcoin, we’re the ones who’ll suffer 😭