Crypto Man Mab 1

Zoomed out to the daily on $HYPE and honestly it's ugly.

That big Oct 29 candle that wicked to almost 98 is fully gone now. Every bit of it. Price is sitting around 73.5 and today it printed 72.49, which is below the late October low at 74.45. That was the floor I kept leaning on.

Both daily EMAs rolling over too, 20 already under the 50.

For me 72.5 is the line now. Lose that on a daily close and I don't really see much support until it finds a new base lower down.

If it gets back above 74.5 quick then this was just a sweep of the October lows. Real change only comes back over 78 to 79 where it chopped all of last week.

$GNS is the loudest thing on the board today, up over 50% in a day.
The first leg was a straight vertical candle off 0.32 yesterday, wicked all the way to 0.575 and then gave a lot of it back. Overnight it bled down to 0.378 and honestly I thought that was it.
But buyers stepped in again and this morning another big volume candle pushed it to 0.519. Now sitting around 0.49.
For me 0.40 is the line, thats the old area plus where the 50 EMA is catching up. Lose that and the 0.378 low comes back fast.
Holding above 0.52 is what makes the second leg real, then 0.575 is the top to beat. Thin coin, moves both ways quick.

85 is the whole story on $SOL right now.
The 4h tagged it last night when the market flushed, bounced to 88.4, and this morning it came right back down to 85.1. Two taps in a few hours. Price around 86.3 now.
For me the old 89 to 90 shelf it sat on all weekend is resistance now, and both EMAs are pointing down over it. Downtrend still clean on this chart honestly.
If 85 cracks on a real 4h close there isnt much on the chart until the low 80s. Getting back above 88.5 first and then 90 is what would make me stop leaning bearish

$NEAR finally slipped.
Since Nov 5 it was sitting on 3.63 like a floor, bounce after bounce. The last 4h candle went through it to 3.585 on the biggest volume in three days. That is the lowest print since the September run started from 2.3, so more than half of that whole run to 6 is gone now.
Weekly candle closes at 00:00 UTC and honestly that close matters more to me than this wick.
If it stays under 3.63 I am looking at 3.40 to 3.42, where the Sept 19 and 20 dips got bought. Lose that and 3.15 is next.
Reclaim 3.63 and then 3.75 (the 4h 20 EMA) and this was just a stop run. Above 3.91 I stop calling it a downtrend.

Big Tech lost $1 trillion in one day. Tech stocks just had their worst day since March 2020

Crypto followed: −$131.7B in 24 hours.

🟠 BTC −5.2%
🇺🇸 S&P 500 −4.2%
🟠 Gold −1.7%
🛢 Brent +1.8%

Nvidia alone lost $440B. Over $1B in crypto positions got liquidated, 88% of it longs.

🔵 Odds that Hormuz traffic is back to normal by Nov 30 fell from 30% in August to 3.6%.

Whole market got dragged down this evening and $ZEC went with it for about an hour. Wicked all the way to 1213 on the heaviest hourly volume in days.
But look at what happened after. Bought straight back to 1285 while most alts are still sitting on their lows. Barely red on the day honestly.
For me 1238 is the line now, that shelf caught it twice this week. Next real test is 1300, it rejected there at the start of the dump. Hourly close over 1300 and the 1335 top is back in play.
An hourly close back under 1238 and this bounce was just a dead cat, 1210 comes next.

This $INJ move kind of snuck up on me.
It spent most of the night grinding around 8.00 to 8.10, nothing loud. Then the 08:00 UTC hourly pushed through 8.15 and the next one printed the biggest volume in days, tagged 8.51, and the one after that poked 8.58. Sitting near 8.54 now, up about 10% on the day while a lot of alts are flat or red.
Both 1h EMAs are well under price and curling up. For me 8.15 is the line that matters, that was the breakout base.
As long as hourlies hold there I think 8.58 gets another look, and a clean close over it opens room toward 9.
Lose 8.15 and this starts looking like a squeeze, then 8.00 is back.

$LINK quietly doing the right things on the 1h.
Dipped to 10.63 yesterday, then two hourly candles ripped it to 11.80 on the heaviest volume in over a week. Pullback stopped at 11.33 and every dip since got bought a little higher. Sitting around 11.55 now with both EMAs curling up under it.
11.75 to 11.80 is the lid. Clear that and 12 is next, which is where it got rejected on Oct 31.
Back under 11.33 and I'd treat the whole pop as done.

Whole market green today and $TRUMP still managed to dump 18%.

BTC up 3%, ETH up almost 6%, and this one slid from 1.59 all the way to a 1.219 wick. One hourly candle did most of the damage, biggest volume it printed in weeks.

Bounced to 1.29 since then but honestly that looks more like shorts closing than real buyers stepping in. Coins that bleed while everything else pumps usually have a reason.
For me 1.22 is the line now. An hourly close under it and I don't see much support nearby.
To change my mind it has to get back over 1.40 where the breakdown started, then 1.47 above that.

Last night I wrote that $PEPE needed to get through 0.0000050 to mean anything. well it did, and then it showed why that level is annoying lol
Broke it this morning, then one big hourly this afternoon spiked to 0.00000533 on the heaviest volume in about a week. Sold off almost right away. Now it's sitting back around 0.00000506, basically right on top of the old lid.
So for me this is the whole trade now. If 0.0000050 holds as a floor that spike was just a first look, and getting back over 0.0000052 puts 0.0000053 and the Oct 29 area near 0.0000055 back on the table.
Hourly close under 0.0000049 though and it's a fake breakout, 0.0000048 comes back fast.

Funny day for $BTC honestly.
Midterm results came in overnight and it got dumped to 75.7k, lowest wick in weeks. Then it turned, and the 12:00 UTC 4h candle went all the way to 81.2k on the biggest volume since the Oct 29 crash.

Now sitting around 80.4k, back inside the 79.8k to 82k zone it lived in for a week before that crash.
For me the job now is simple. Hold 79.8k on any pullback and this looks like a real reclaim. A 4h close over 82k is where the dump started, getting through that opens 84k.
Lose 78.5k again though and the whole move was just a squeeze into thin books.

Everyone is staring at $BTC today and gold just quietly took back 4000.

$XAUT got smashed on Oct 30, all the way down to 3875. Sat there flat for days. Now it's 4033 and the 4h closed over both EMAs for the first time since mid October, on decent volume too.
Not chasing it here though. 4060 to 4076 is where the Oct 28 bounce died, thats the real test.
If it holds above 4000 on a pullback I like it more. A 4h close back under 3980 and this push was just a relief pop.

$ENA spent two days stuck in a tiny box between 0.167 and 0.174. Boring, low volume, nobody cared.
Today it finally broke out of it. Up 8% to 0.184 and the 4h is back over its EMA20.

Still not getting excited yet though. The 4h EMA50 sits right here near 0.186 and it has capped every bounce since the Oct 29 crash. Bigger wall is 0.1955 to 0.199, the Oct 31 highs.

A clean 4h close over 0.187 and that wall is the next stop. Back under 0.1745 means the breakout failed and it goes back to the box.

$NEAR flushed to 3.69 at 7am, bottom of a 3 day bleed from 4.40. then it just turned around
six green hourlies straight, now 4.06 and up 8% on the day. first time it closed back over both 1h EMAs since Nov 1 honestly

for me 3.94 to 4.00 is the spot it has to hold now. stay above that and the next real test is 4.10 to 4.12 where it broke down on Nov 2, a clean hourly close over that opens 4.24

if it slips back under 3.94 this was just a short squeeze and 3.83 comes back quick

US midterm night gave crypto a proper scare and then just walked it back.

CoinDesk says $BTC dropped to about 75.7k early Wednesday when the first results pointed to Democrats taking both chambers of Congress. Bloomberg called it a seven week low. Stock futures and the dollar slid with it.

Then buyers showed up fast. Price went V shape and is back around 78.3k now, green on the day.
Why it matters for us is the CLARITY Act, the bill meant to set rules for US crypto markets. A split Washington could slow it down, so headlines on that will move things.

ETF flows are still red too, Farside shows another 115.6M out of Bitcoin ETFs on Tuesday. So the bounce is real but the big money is not back yet.

$BNB had a proper scare this morning.
Slid from 701 overnight and the 8am hourly flushed all the way to 680.7 on the heaviest volume in days. That was the sweep honestly, buyers took it straight back and now price is sitting right on 700 again.

Problem is 700 to 702 has been the lid for two full days. Every push into it got sold since Nov 2 evening.

For me an hourly close over 702 is what changes things, then 709 is the next spot where it stalled before.

If it gets rejected here and loses 692 again, that 680 wick probably gets tested one more time.

$ZEC basically erased the whole Nov 2 dump.
Yesterday I had it stuck at 1130 after losing 1210. Then it climbed all the way back to 1245 overnight, and this morning it flushed to 1159 at 8am on the biggest volume of the day. That dip got bought hard, two strong green hourlies and now its sitting around 1235 again.

For me 1245 is the line. Thats the overnight top and right under where it broke down from. An hourly close over it and I think 1260 then 1285 opens up.

If it gets rejected here and loses 1210 again, the 8am wick becomes a lower high setup and 1180 comes back quick.

$HYPE finally woke up a bit yesterday after sitting near 83 most of the day.

Bounced from 82.6 and pushed to 87.9 in the evening on decent volume, but that's right where the old 87 to 88.5 shelf from last week is. Got sold there, dipped to 85 and now back around 86.1 sitting on the 1h EMAs.

So honestly it's just testing the ceiling it lost on Nov 2. An hourly close over 88 and I think 89.5 to 90 comes into play quick.
If 85 goes though, this was only a relief bounce and 83 to 82.6 is back on the table.

$XRP finally woke up.

Four days stuck between 1.243 and 1.263, so boring I almost stopped looking at it. Then the 17:00 hourly ripped to 1.2877 on the biggest volume since the Oct 29 flush. While BTC is still red on the day, that's a bit interesting honestly.
Now at 1.284. For me the retest matters more than the candle. If 1.274 holds on a pullback, 1.30 and then 1.308 are the next spots, that's where it dumped from last week.

If it slips back under 1.263 and closes there, the whole breakout was a trap and we're back in the box.

$NEAR finally showing a little life after bleeding for two days straight

went from 4.25 yesterday morning all the way down to 3.744 a couple hours ago, every bounce got sold under the EMAs. this last hourly pushed it back to 3.84 which is the first decent green candle in a while

but honestly volume on this bounce is tiny. for me this is just relief until it proves otherwise
3.91 is the line. thats where it broke down last night and the 1h EMA20 is sitting right there too. clean hourly close above 3.91 and I start looking at 4.0 again
if it rolls over and loses 3.74 then the bleed just continues and I wouldnt touch it