Received Creator Of The Year Award From @Binance Square Official 🥹. I am unable to explain happiness in words. Thanks to all who supported , voted till today . It is just power of strong community .
Yesterday as soon as $BTC went above $79K I published a short post that #BTC will drop from here. So trade with patience and according to plan not emotions. In the same post I let you know a day I will publish the complete reason why I am expecting a drop from here. Here are the 4 things that are making me bearish at current levels: 🔸USDT Dominance 🔸Others Excluding Top 10 🔸BTC Technical 🔸Sentiments & Liquidity 🔸Final Thoughts USDT Dominance Major Support Bounce: USDTD has tapped historical multi month horizontal support and is showing clear bullish divergence on higher-timeframe. Negative Correlation: Rising USDT Dominance directly pulls capital out of crypto assets. A technical relief bounce in USDT.D suggests an immediate liquidity drain from both BTC and altcoins. Others Excluding Top 10 Resistance Rejection: The total market cap of altcoins (excluding the top 10) is struggling to flip key resistance into support. So we can see a drop form here. BTC Technical Analysis Liquidity Sweep Above $79K: BTC recently swept liquidity above $79K and created much at lower side due to sharp upside move. Also it is strong resistance as this is the weekly low, in past BTC already respected this zone 4,5 times Bearish Divergence: Both 4H and Daily RSI show clear lower highs while price pushed higher, hinting at seller absorption and buyer exhaustion. Sentiments & Liquidity Funding Rates Overheated: Perpetuals funding rates spiked aggressively during the push past $79K, showing that late retail longs are over-leveraged and prime for a flush. These late longs will be targeted by exchanges soon Liquidation Pools Below: Heatmaps show dense clusters of long liquidations sitting between $74,000 and $71,000, creating an attractive target for market makers to hunt downside liquidity. Final Thoughts So if I map all these things I can clearly say #bitcoin will dump from here to work 70K and maybe lower. So book profits and use tight s.l better buying opportunity is ahead
BTC Remaining 30% will be closed in this zone , 70% Already closed at $71K
Trade with patience and according to plan not emotions
MU_Traders
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Жоғары (өспелі)
Alhamdulillah
$BTC is so far 12% up so far in spot
Took a lot of time to get play out but played well
So at that time an advice for you, filter out your following list remove the creators who talk double sided
You will find one of those who remain one sided as I share trade what I do instead of shit both side posting
And the thing about market I am not going to say buy now or hold 100% $80 or $90K is coming as it will retrace first so here is what I am planning next
I will book upto 70% profist here s.l to entry and will close remaining 30% if we get $76K
That is so simple, no plan to buy anything at current point if found any scalp or short term setup again will share here
So do not forget to follow and turn on notifications so you do not miss
Took a lot of time to get play out but played well
So at that time an advice for you, filter out your following list remove the creators who talk double sided
You will find one of those who remain one sided as I share trade what I do instead of shit both side posting
And the thing about market I am not going to say buy now or hold 100% $80 or $90K is coming as it will retrace first so here is what I am planning next
I will book upto 70% profist here s.l to entry and will close remaining 30% if we get $76K
That is so simple, no plan to buy anything at current point if found any scalp or short term setup again will share here
So do not forget to follow and turn on notifications so you do not miss
MU_Traders
·
--
Жоғары (өспелі)
I am stick to my last plan, Still bullish on $BTC
But if you missed last time you can buy now in the box and wait for $71K zone and stop loss below last low in 1D TF
The main 3 points that make me bullish are:
1. Spot Bitcoin #ETFs inflows
After a large outflow streak in late June, U.S. spot #bitcoin ETFs have recorded consecutive net inflows again, means institutional demand is returning.
2. Bitcoin is holding even difficult macro environment
Even with rising Treasury yields, higher oil prices, Middle East tensions, and expectations that the #Fed may stay hawkish, Bitcoin continues to trade around the $64K region instead of making new lows.
3. Next week's Fed decision
The upcoming #fomc meeting is the biggest thing that is making me bullish. A less hawkish speech can weaken the dollar and improve liquidity expectations, which historically pumped #BTC
So now it's not mean buy directly first do your own research then buy or not.......
Altcoins are in range from last 20-30 days. As a trader we need a point from where we can buy and make a good profit. For that we usually need to analyse others chart (exc Top 10) to mark alt coins bottom.
The crypto market cap excluding the top 10 is sitting around $161B, directly on a major historical support zone around $160-$165B. This level has already tested multiple times on the weekly chart. We saw resistance here, then support, and each major reaction from this cause major moves
Now the market is testing it again.
That is what makes the current setup interesting
The chart also shows a much stronger support area near $124B . So, where actually I should buy..? Rather than blindly buying everything, I would treat the current region as an accumulation zone while keeping some capital available for a deeper sweep.
Likely 70% here and remaining 30% for $124B zone.
The potential upside is where things become interesting
If this support holds and the market repeats its previous expansion pattern, the chart points toward the $320-$340B area. From approximately $161B, that would mean roughly a 100%+ increase in altcoin market capitalization.
Many stronger alts will do even 5X from here
The biggest mistake here would be waiting for everyone to become bullish before entering
Sometimes the best altcoin opportunities appear when the chart still looks boring.
So instead of waiting buy here and wait for upside move
From the past 10 days, I am researching on stabelcoins money capture because it will decide in which sector actually institutions are interested so we follow the same and gain max profits
If stablecoins become a major global financial rail(a system used to transfer money), which asset actually captures the value Tether, Circle, XRP, or $BNB ?
I researched more then price , stablecoin supply, transaction activity, payments, reserves, regulation, institutional adoption, network economics and, most importantly value capture
Tether still dominates stablecoin supply, but it isn't publicly investable. USDC is gaining institutional traction Circle reported $73.3B USDC circulation and a 151% YoY increase in onchain transaction volume in Q2. Circle is also building payments infrastructure around USDC, not just issuing the token.
XRP has a strong institutional attention through RLUSD and XRPL. But there is a problem RLUSD is issued on multiple chains, including Ethereum, Base, Optimism and others. RLUSD growth therefore does not automatically create proportional XRP demand even though XRP get adopted more widely
BNB is different. Stablecoin activity directly uses BNB Chain infrastructure, while BNB is the network's native asset. BNB Chain reports ~12.2M stablecoin monthly active users and continues pushing high throughput and extremely low transaction costs
So after connecting the fundamentals, my conclusion is:
BNB has the strongest crypto-token value-capture circle has the stronger equity
XRP has adoption potential, but its value capture from stablecoins is less direct
Tether has the strongest existing stablecoin position, but no public token/equity equivalent
So in my opinion BNB chain will grow more widely
Not because BNB is guaranteed to outperform, but because the growth of the underlying financial rail has a clearer mechanism for flowing into the asset itself
I can give a hint according to source @CZ can announce a major upgrade in October that can boost the ecosystem growth at a more pace
Maybe you are thinking $BTC is boring right now, but volume says something else
• The late-July selloff came with heavy volume, yet BTC failed to continue lower. Possible stopping volume/absorption.
• The recovery is happening on lighter volume, indicating sellers may be weakening, but demand isn’t confirmed yet.
• $63K-$63.5K is key. High effort with little downside result would favor absorption.
• $65K-$65.5K is the confirmation zone. A wide bullish spread with rising volume would signal real demand
My Thought : Bullish accumulation is happening in fear of war
Lose $62K on strong volume maybe change my mind. Reclaim $65.5K with volume and BTC could enter a phase where our target of $71K and $77K will become more realistic
Price shows the move. Volume reveals the reason and the things happening behind curtains
I have nothing to say as plan is still same and valid
Ignore the noise and follow plan
In longer term plan will win not your so called fake gurus who change with every $1K up down candle everyday
Clock is ticking and what is coming in coming days is already told to you and it is upside only 😉
MU_Traders
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Жоғары (өспелі)
I am stick to my last plan, Still bullish on $BTC
But if you missed last time you can buy now in the box and wait for $71K zone and stop loss below last low in 1D TF
The main 3 points that make me bullish are:
1. Spot Bitcoin #ETFs inflows
After a large outflow streak in late June, U.S. spot #bitcoin ETFs have recorded consecutive net inflows again, means institutional demand is returning.
2. Bitcoin is holding even difficult macro environment
Even with rising Treasury yields, higher oil prices, Middle East tensions, and expectations that the #Fed may stay hawkish, Bitcoin continues to trade around the $64K region instead of making new lows.
3. Next week's Fed decision
The upcoming #fomc meeting is the biggest thing that is making me bullish. A less hawkish speech can weaken the dollar and improve liquidity expectations, which historically pumped #BTC
So now it's not mean buy directly first do your own research then buy or not.......