The same pattern again! Remember what happened with the tokens that pumped before getting listed on Binance, and then Binance somehow magically added them for trading right around their peak levels?! Well, I think $HYPE could be heading toward the same fate. 1. My iAP model played out perfectly on Bitget 2 years ago, starting from the first zone of interest. 2. HYPE has already made several new ATHs, and this is already a token with a huge market cap. 3. Binance waited more than 630 days to finally pay attention to the most popular DEX in the entire industry? Yeah… sure. 🤌
I’m not very good at counting Elliott Waves, and I never rely on them, but I will say that the market always moves roughly according to this kind of structure. You can look at the Bitcoin chart and see it for yourself. The problem, as always, is deciding which timeframe to look at, but this is roughly what the structure looks like. I’m saying this because we don’t know the length of each wave — neither in terms of timing nor size — and every asset will have its own structure. Now, whether you like it or not, on many altcoins, most people have already missed the bottom of the first initial wave. They will probably miss the second wave as well, and most will start jumping in toward the end of the third wave. Look at many altcoins right now and watch what happens in October/November. The first wave will most likely be completed, followed by a correction. Your task is not to rush. Clearly define your personal zones of interest — and not only for entry, but also for exit. Know exactly where you are personally ready — mentally, emotionally, and financially — to take profits and walk away without constantly worrying about what happens next with that altcoin. $ETH
Iran and the US held talks at the UN General Assembly, according to Trump and *The Hill*. Rubio also confirmed that the US remains open to dialogue, although there is no new date for another meeting yet. So, here’s a perfect example of how, when markets become overheated, the world apparently has nothing new to come up with except war! (Oh, right… and pandemics. ) The idea is simple: crash the markets, cool down investor interest, then spend a long time rocking the boat back and forth with negotiations, failed negotiations, escalating tensions, and so on. Accumulate stocks and crypto while prices are depressed. Then, once everyone is still skeptical but the markets have already recovered — like Bitcoin gaining another $30K — start systematically pushing posts about peace, deals, negotiations, and how everything is about to get better. And then what? At Bitcoin’s peak somewhere around $150–200K, will we suddenly see the war in Ukraine coming to an end, Israel resolving all its issues with Palestine, and a new wave of narratives telling us that Bitcoin is ready for $500K and that the AI sector is only at the beginning of its growth? I don’t know… but it’s hard to believe that everything happens organically. Someone is always influencing the direction of the narrative — and, perhaps even more importantly, the timing of when that narrative appears. $BTC
A Trump-driven rally in risky assets is the main chance for Republicans to maintain their majority in Congress after the November 3rd elections. Again, is this magic? When it’s necessary, the media creates a narrative that altcoins are heading straight to zero and will be worthless. And when it’s time to add a little positivity ahead of the elections, suddenly tokens start going up! Coincidence? 👀 $BTC
BTC at 58k There are influencers who get paid to promote certain meme tokens, either through native promotion or much more aggressively, right? And they’re paid by the people behind those tokens. And I’m starting to get the feeling that there might be some kind of organization paying top influencers who mainly cover Bitcoin to push complete nonsense when we’re near the bottom — and then promote ridiculous ideas like $500K Bitcoin when BTC is already extremely overheated. It’s hard to believe that so many top crypto influencers on social media could all independently reach the exact same conclusions. When Bitcoin was around $58K, they were saying they had sold their Bitcoin because we were going to crash all the way down, almost to zero. It’s difficult to believe that all these people are actually idiots. The real question is: who could theoretically be funding this kind of coordinated narrative to create a specific sentiment and push a desired message across social media? $BTC
CryptoQuant: Bull market confirmed! BTC closed above its 365-day moving average for the first time since March 2023 (and this line has signaled every bull market since 2019). I never stop being amazed at how this is even possible! It was literally the same thing in 2022. Everyone was waiting for $12–10K while listening to Capo. Then, only a year later, in 2023, when Bitcoin was already around $30K, they started saying, “The bull market has finally begun.” And now they’re doing the exact same thing again. They were waiting for $50–45K, Bitcoin reached $87K, and suddenly they come out and tell an audience of hundreds of thousands of people, “The bull market has begun.” And the argument??? Drumroll, please… ONE MOVING AVERAGE LINE. We have so many other tools for chart analysis, yet people are determining whether an asset should be bought based on a single moving average. Brilliant! Could we have gone below $57K? Absolutely! But calling $57K the bottom and the beginning of the bull market — even from a probability perspective — makes more sense in terms of risk/reward than declaring the bottom and the start of the bull market at $87K, only after the fact. $BTC
ICP Price Analysis: Is ICP Ready for a BIG Move? $ICP In this video, we take a closer look at the Internet Computer (ICP) chart and analyze the current market structure, key support and resistance levels, potential targets, and possible scenarios for the next move. https://youtu.be/AC8bJ81WMVM