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Trades top 50 mkt cap coins based on technical analysis. Have published daily TA since 2014 as seen on Bloomberg, LSEG, Factset, Interactive Brokers & Barchart.
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BTCUSD Tries Ending Volatile Week Above 80k on Further Short Covering#MarketRebound April 11, 2025 Global Macro Risky assets are having varying degrees of success in resuming the short covering rebound efforts that began Monday, with some initial Friday Asia morning progress being unwound for the Nasdaq100 for instance as of the Friday Asia late afternoon (London morning).  Nevertheless, those playing what could still be a DeadCatBounce lasting another several days to weeks (which essentially is a Bear Flag consolidation), should be prepared first for potentially more volatility just before ending a historic week with today’s highly anticipated the US PPI at 830am EST and the US preliminary UoM consumer sentiment and inflation expectations at 10pm EST.  Anticipation has dampened for an emergency Fed rate cut ahead of the next Fed meeting in May (and for a rate cut before the June Fed meeting), with medium term inflationary effects from the Trump administration #Tariffs now expected to keep Powell from cutting before June. US Treasuries More importantly than bailing out the US equity markets has been the suggestion of JP Morgan’s Jamie Dimon (and undoubtedly many others) to ensure the US Treasury market does not further meltdown.  Recent bond auctions have been lacklustre in some cases with talks of a potential bailout of some of the largest hedge funds that have been hit hard on some of their US Treasuries trades, where with some particular highly leveraged trades, they step into the US Treasury market acting as dealers where bank dealer balance sheets have had to redirect elsewhere since the dust settled from the GFC due to regulatory capital requirements, etc.  With the unsustainable US government debt load of ~USD 36T, and the massive annual interest on that debt at ~USD 1T, fear is rising that US Treasury issuances will no longer be fully bought up, which could erode confidence in the US dollar.  The big picture technical analysis of US Treasuries can be seen in the TLT iShares 20+ year Treasury Bond ETF 25 year monthly chart below, where it is arguably testing the 61.8% Fib retrace of the massive Jan 2020 to Mar 2020 bull market. Monthly #USDT US Dollar In the following 25 year monthly chart of the US Dollar Index, we can see what this means for the US Dollar potentially where if US Treasuries lose their traditional safe haven status, the massive uptrend from Sep 2011 to Sep 2022 of the US Dollar Index is at risk of ending this year. Monthly Odds are now moderate for a break of the above chart’s uptrend support connecting the key lows of 2011 and 2021 by sometime this year.  US Dollar bears should not rule out though the US Dollar Index first finding multi-week, to multi-month support once it hits the 38.2% Fib retrace of its Sep 2011 to Sep 2022 bull market.  Watch for any further announcements today, this weekend and early next week for any positive developments over agreements between the Trump administration and US trading partners particularly regarding the reduction of tariffs and trade barriers.  US earnings next week will continue playing second fiddle to the global macro, geopolitical backdrop.  With rising probabilities for massive Chinese monetary stimulus or a strong Yuan depreciation announced in the next week or so to soften the blow from the US-China trade war, some Chinese capital will leak into Bitcoin (and to a lesser extent Ether). #bitcoin Fortunately for BTCUSD bulls or those playing a short-term bounce, BTCUSD is gaining in strength off of the strong rebound that began around Wednesday’s FOMC Meeting Minutes.  BTCUSD refused to slide this week to the 38.2% Fib retrace of the massive December 2022 to January 2025 bull market (as can be seen in the weekly chart below), just above the highs of March and June 2024.  Regardless of any further upside to the short covering for the balance of April, BTCUSD appears to want to slide further to an uptrend support connecting the October 2023, August 2024 and September 2024 lows (on the weekly chart) by Q3.  A base, conservative scenario by year end is for BTCUSD to test the 50% Fib retrace of the late 2022-early 2025 bull market (coinciding roughly with the peaks of April and November 2021).  There is a medium to low probability for now of testing within the same period, the 61.8% Fib at just above the 2024 low of psychologically key 50k whole figure level.  BTCUSD has been outperforming the Nasdaq100 today and appears to want to further strengthen on today’s 830am EST US PPI and 10am EST preliminary UoM consumer sentiment and inflation expectations. Weekly Nevertheless, the current rally will likely begin tiring by next week sometime or whenever it manages to rally right up against descending wedge resistance (on the daily chart). *** For more of today's analysis on Bitcoin and #Ethereum , please visit my website. ***

BTCUSD Tries Ending Volatile Week Above 80k on Further Short Covering

#MarketRebound
April 11, 2025

Global Macro
Risky assets are having varying degrees of success in resuming the short covering rebound efforts that began Monday, with some initial Friday Asia morning progress being unwound for the Nasdaq100 for instance as of the Friday Asia late afternoon (London morning).  Nevertheless, those playing what could still be a DeadCatBounce lasting another several days to weeks (which essentially is a Bear Flag consolidation), should be prepared first for potentially more volatility just before ending a historic week with today’s highly anticipated the US PPI at 830am EST and the US preliminary UoM consumer sentiment and inflation expectations at 10pm EST.  Anticipation has dampened for an emergency Fed rate cut ahead of the next Fed meeting in May (and for a rate cut before the June Fed meeting), with medium term inflationary effects from the Trump administration #Tariffs now expected to keep Powell from cutting before June.

US Treasuries
More importantly than bailing out the US equity markets has been the suggestion of JP Morgan’s Jamie Dimon (and undoubtedly many others) to ensure the US Treasury market does not further meltdown.  Recent bond auctions have been lacklustre in some cases with talks of a potential bailout of some of the largest hedge funds that have been hit hard on some of their US Treasuries trades, where with some particular highly leveraged trades, they step into the US Treasury market acting as dealers where bank dealer balance sheets have had to redirect elsewhere since the dust settled from the GFC due to regulatory capital requirements, etc.  With the unsustainable US government debt load of ~USD 36T, and the massive annual interest on that debt at ~USD 1T, fear is rising that US Treasury issuances will no longer be fully bought up, which could erode confidence in the US dollar.  The big picture technical analysis of US Treasuries can be seen in the TLT iShares 20+ year Treasury Bond ETF 25 year monthly chart below, where it is arguably testing the 61.8% Fib retrace of the massive Jan 2020 to Mar 2020 bull market.
Monthly

#USDT US Dollar
In the following 25 year monthly chart of the US Dollar Index, we can see what this means for the US Dollar potentially where if US Treasuries lose their traditional safe haven status, the massive uptrend from Sep 2011 to Sep 2022 of the US Dollar Index is at risk of ending this year.

Monthly

Odds are now moderate for a break of the above chart’s uptrend support connecting the key lows of 2011 and 2021 by sometime this year.  US Dollar bears should not rule out though the US Dollar Index first finding multi-week, to multi-month support once it hits the 38.2% Fib retrace of its Sep 2011 to Sep 2022 bull market.  Watch for any further announcements today, this weekend and early next week for any positive developments over agreements between the Trump administration and US trading partners particularly regarding the reduction of tariffs and trade barriers.  US earnings next week will continue playing second fiddle to the global macro, geopolitical backdrop.  With rising probabilities for massive Chinese monetary stimulus or a strong Yuan depreciation announced in the next week or so to soften the blow from the US-China trade war, some Chinese capital will leak into Bitcoin (and to a lesser extent Ether).

#bitcoin
Fortunately for BTCUSD bulls or those playing a short-term bounce, BTCUSD is gaining in strength off of the strong rebound that began around Wednesday’s FOMC Meeting Minutes.  BTCUSD refused to slide this week to the 38.2% Fib retrace of the massive December 2022 to January 2025 bull market (as can be seen in the weekly chart below), just above the highs of March and June 2024.  Regardless of any further upside to the short covering for the balance of April, BTCUSD appears to want to slide further to an uptrend support connecting the October 2023, August 2024 and September 2024 lows (on the weekly chart) by Q3.  A base, conservative scenario by year end is for BTCUSD to test the 50% Fib retrace of the late 2022-early 2025 bull market (coinciding roughly with the peaks of April and November 2021).  There is a medium to low probability for now of testing within the same period, the 61.8% Fib at just above the 2024 low of psychologically key 50k whole figure level.  BTCUSD has been outperforming the Nasdaq100 today and appears to want to further strengthen on today’s 830am EST US PPI and 10am EST preliminary UoM consumer sentiment and inflation expectations.
Weekly

Nevertheless, the current rally will likely begin tiring by next week sometime or whenever it manages to rally right up against descending wedge resistance (on the daily chart).

*** For more of today's analysis on Bitcoin and #Ethereum , please visit my website. ***
#TrumpTariffs #Ethereum ($ETH #ETHUSD ) ETHUSD turpina būt zemāka par BTCUSD, un ņemot vērā spēcīgo lejupvērsto impulsu, kā redzams joprojām lejupslīdošajā nedēļas RSI un MACD (nedēļas diagrammā zemāk), tas varētu vēl vairāk samazināties nākamajā mēnesī vai tā, pirms atradīs ilgtspējīgu tirdzniecības apakšējo līmeni no novembra augstuma vai līdz 2022. gada jūnija zemākajam līmenim. Ņemiet vērā, ka ETHUSD bullis tirgus, kas sākās 2022. gada jūnijā un beidzās 2024. gada martā, ir gandrīz pilnībā izsīcis. Tomēr kāds īstermiņa atvieglojums varētu ierasties nākamajā dienā vai tā, jo riskanti aktīvi arvien vairāk ir īstermiņā pārdoti, palielinoties izredzēm uz minimālu vairāku nedēļu Dead Cat Bounce, kas varētu sākties jau trešdien ar ASV FOMC sanāksmes protokolu publicēšanu, ceturtdien ar ASV CPI un bezdarba pieteikumiem, un piektdien ar ASV PPI un pirmo UoM patērētāju noskaņojumu un inflācijas gaidām. Nedēļas
#TrumpTariffs
#Ethereum ($ETH #ETHUSD )
ETHUSD turpina būt zemāka par BTCUSD, un ņemot vērā spēcīgo lejupvērsto impulsu, kā redzams joprojām lejupslīdošajā nedēļas RSI un MACD (nedēļas diagrammā zemāk), tas varētu vēl vairāk samazināties nākamajā mēnesī vai tā, pirms atradīs ilgtspējīgu tirdzniecības apakšējo līmeni no novembra augstuma vai līdz 2022. gada jūnija zemākajam līmenim. Ņemiet vērā, ka ETHUSD bullis tirgus, kas sākās 2022. gada jūnijā un beidzās 2024. gada martā, ir gandrīz pilnībā izsīcis. Tomēr kāds īstermiņa atvieglojums varētu ierasties nākamajā dienā vai tā, jo riskanti aktīvi arvien vairāk ir īstermiņā pārdoti, palielinoties izredzēm uz minimālu vairāku nedēļu Dead Cat Bounce, kas varētu sākties jau trešdien ar ASV FOMC sanāksmes protokolu publicēšanu, ceturtdien ar ASV CPI un bezdarba pieteikumiem, un piektdien ar ASV PPI un pirmo UoM patērētāju noskaņojumu un inflācijas gaidām.

Nedēļas
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#TrumpTariffs April 7, 2025 Global Macro Risky assets have gapped down to start the week with the market digesting the historically high US tariff levels announced by the Trump administration late last week.  The tariffs are a complex discussion beyond the scope of today’s piece, but a herculean effort to rebalance global trade with the US suffering increasingly unsustainable massive trade deficits with many major trading partners over the last few decades.  There have been many benefactors among US MNCs to the offshoring trend, but also many losers principally among US manufacturers (remaining onshore).  Time will tell whether this strategy of re-onshoring of some manufacturing into the US will work over time, but in the past few months, the market has spoken with its fears over what the brakes on the status quo means insofar as impact to global trade flows and profits in the short to mid term.  As with other times of severe risk off sentiment, correlations across asset classes rise and these past few months have been no different.    #Bitcoin ($BTC ) For the next few days, to the relief of bulls or those playing a short-term bounce, BTCUSD should be seeing some tentative support as BTCUSD is now testing the 38.2% Fib retrace of the massive December 2022 to January 2025 bull market (as can be seen in the weekly chart below) along with the highs of March and June 2024.  BTCUSD is likely to slide further to the 50% Fib of the same bull market (coinciding roughly with the peaks of April and November 2021) by year end but odds are rising for a minimum multi-week Dead Cat Bounce to begin as early as Wednesday with the release of the US FOMC meeting minutes, Thursday with the US CPI and unemployment claims, and Friday with the US PPI and preliminary UoM consumer sentiment and inflation expectations. Weekly
#TrumpTariffs

April 7, 2025
Global Macro
Risky assets have gapped down to start the week with the market digesting the historically high US tariff levels announced by the Trump administration late last week.  The tariffs are a complex discussion beyond the scope of today’s piece, but a herculean effort to rebalance global trade with the US suffering increasingly unsustainable massive trade deficits with many major trading partners over the last few decades.  There have been many benefactors among US MNCs to the offshoring trend, but also many losers principally among US manufacturers (remaining onshore).  Time will tell whether this strategy of re-onshoring of some manufacturing into the US will work over time, but in the past few months, the market has spoken with its fears over what the brakes on the status quo means insofar as impact to global trade flows and profits in the short to mid term.  As with other times of severe risk off sentiment, correlations across asset classes rise and these past few months have been no different. 
 
#Bitcoin ($BTC )
For the next few days, to the relief of bulls or those playing a short-term bounce, BTCUSD should be seeing some tentative support as BTCUSD is now testing the 38.2% Fib retrace of the massive December 2022 to January 2025 bull market (as can be seen in the weekly chart below) along with the highs of March and June 2024.  BTCUSD is likely to slide further to the 50% Fib of the same bull market (coinciding roughly with the peaks of April and November 2021) by year end but odds are rising for a minimum multi-week Dead Cat Bounce to begin as early as Wednesday with the release of the US FOMC meeting minutes, Thursday with the US CPI and unemployment claims, and Friday with the US PPI and preliminary UoM consumer sentiment and inflation expectations.

Weekly
#hbar $HBAR #HBARUSDT #HBARUSD post-#cpi #ta Mēneša, nedēļas un ik dienas diagrammās ir diezgan straujš, un tuvākajās dienās es vēlos iegādāties pirkumus tuvākajās dienās. Es parasti neturēšu ilgāk par 24–48 stundām. Paziņojiet man savas domas!
#hbar $HBAR #HBARUSDT #HBARUSD post-#cpi #ta Mēneša, nedēļas un ik dienas diagrammās ir diezgan straujš, un tuvākajās dienās es vēlos iegādāties pirkumus tuvākajās dienās. Es parasti neturēšu ilgāk par 24–48 stundām. Paziņojiet man savas domas!
#LINK $LINK #LINKUSDT #LINKUSD post-#cpi #ta pietiekami optimistisks par mēneša, nedēļas un dienas grafikiem, kur es plānoju pirkt, kad cenas krīt nākamo dažādu dienu laikā ar stingriem pasūtījumiem. Es parasti neturēšu vairāk par 24-48 stundām katrā ilgtermiņa darījumā.
#LINK $LINK #LINKUSDT #LINKUSD

post-#cpi #ta pietiekami optimistisks par mēneša, nedēļas un dienas grafikiem, kur es plānoju pirkt, kad cenas krīt nākamo dažādu dienu laikā ar stingriem pasūtījumiem. Es parasti neturēšu vairāk par 24-48 stundām katrā ilgtermiņa darījumā.
#XLMUSDT #XLM #stellar post-#cpi #ta salīdzinoši optimistisks mēneša, nedēļas un dienas grafikā, kur es plānoju iegādāties uz kritumiem nākamo pāris dienu laikā, konservatīvi ar stingriem pasūtījumiem. Es parasti neturēšu pozīcijas ilgāk par 24-48 stundām katram garajam darījumam.
#XLMUSDT #XLM #stellar post-#cpi #ta salīdzinoši optimistisks mēneša, nedēļas un dienas grafikā, kur es plānoju iegādāties uz kritumiem nākamo pāris dienu laikā, konservatīvi ar stingriem pasūtījumiem. Es parasti neturēšu pozīcijas ilgāk par 24-48 stundām katram garajam darījumam.
#BTCUSD izskatās gatavs pārvērsties nedēļas laika periodā ar zemāku janvāra augstumu pret decembra augstumu, kas kļūst arvien ticamāks, ņemot vērā pašreizējo nedēļas Gravestone, kas nespēj atgūt rekordu augstāko līmeni. Ņemiet vērā noraidījumu arī decembrī pie augšupejošās pretestības, kas savieno janvāra, marta '23 un marta, decembra '24 augstumus. Nedēļas Stohastika ir nogurusi no pārvērtēta līmeņa, nedēļas MACD cenšas negatīvi šķērsot. Uzmanieties, lai #Nasdaq100 vājums novestu pie $BTC zemāk.
#BTCUSD izskatās gatavs pārvērsties nedēļas laika periodā ar zemāku janvāra augstumu pret decembra augstumu, kas kļūst arvien ticamāks, ņemot vērā pašreizējo nedēļas Gravestone, kas nespēj atgūt rekordu augstāko līmeni. Ņemiet vērā noraidījumu arī decembrī pie augšupejošās pretestības, kas savieno janvāra, marta '23 un marta, decembra '24 augstumus. Nedēļas Stohastika ir nogurusi no pārvērtēta līmeņa, nedēļas MACD cenšas negatīvi šķērsot. Uzmanieties, lai #Nasdaq100 vājums novestu pie $BTC zemāk.
Lai gan #BTCUSD sāk 2025. gadu ar zaļu janvāra svecīti, tas joprojām ir vidēji riskants, veidojot lielu augšējo punktu ap gaidāmo Trampa inaugurāciju 20. janvārī, kur izredzes pieaug pārdošanas ziņu scenārijam, jo tirgotāji fiksē spēcīgus ieguvumus kopš Trampa uzvaras novembrī. Ar #S&P500 , kas parāda noguruma pazīmes uz tās sarkanās janvāra svecītes, kamēr mēneša MACD cenšas negatīvi pārkāpt, būs interesanti redzēt, ko vēl viena riska izvairīšanās 20. janvārī varētu izdarīt ar $BTC un ko tas varētu nozīmēt #BTCdominance . Paziņojiet man savas domas par to, kas ir jūsu iecienītākie #Alts šajā laikā!
Lai gan #BTCUSD sāk 2025. gadu ar zaļu janvāra svecīti, tas joprojām ir vidēji riskants, veidojot lielu augšējo punktu ap gaidāmo Trampa inaugurāciju 20. janvārī, kur izredzes pieaug pārdošanas ziņu scenārijam, jo tirgotāji fiksē spēcīgus ieguvumus kopš Trampa uzvaras novembrī.

Ar #S&P500 , kas parāda noguruma pazīmes uz tās sarkanās janvāra svecītes, kamēr mēneša MACD cenšas negatīvi pārkāpt, būs interesanti redzēt, ko vēl viena riska izvairīšanās 20. janvārī varētu izdarīt ar $BTC un ko tas varētu nozīmēt #BTCdominance .

Paziņojiet man savas domas par to, kas ir jūsu iecienītākie #Alts šajā laikā!
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