
trader since 2016 sponsored by @rainbetcom
Joined January 2011
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Chase retweeted
Technical analysis requires CONTEXT to work.
Most trades should start by identifying a clear target. Only then, once the goal n direction the market is clear, do you implement your levels n look to execute.
If you're blindly trading every FVG n they're all failing, this is why.
Chase retweeted
Thanks for playing
Starting the week with my long getting filled and hitting my first TP. Nice continuation range formed for a move outside deviation
$BTC
Chase retweeted
The State of Crypto (August 2 2026)
I've been trading crypto and active on crypto twitter since 2017. This morning I went through my following list and saw many accounts went dark without a good bye or any type of conclusion to their journey. The common denominator I saw was expectations of $BTC reclaiming 100K and moving to new all time highs, something I've been personally vocal against for a long time now. Here we are nearly a year later and things only look worse. Many have given up.
It's important to remember that crypto is just another vehicle to make money.. like stocks, commodities, forex, etc. Crypto has other use cases as well, but those don't make the price go up. People's desire to make money coupled with mass attention is what makes the price go up. And it's currently difficult for crypto to garner attention because AI stocks trade with the volatility of altcoins, so all of the attention is on them. And with stocks, there's no VPN required, no bridging required. There's no need to understand addresses or wallets or anything to prevent people from buying. With stocks, you open your phone and you're buying within minutes. So why would market participants jump through so many hoops just to trade inferior assets? And one of the greatest allures of stocks is that you can be wrong on your trade, but know that you're still holding a great company. When you're wrong with crypto, you're typically holding vapor that trends to zero.
With all those negatives said, the crypto community is still very strong, no doubt. A lot of us grew up here and witnessed people go from nothing to "making it" within this space. But I'd argue that current conditions are difficult and you truly need a high level of skill and a repeatable edge to be profitable. This is different than past years. Before 2017 you could throw shit at the wall in crypto and become a millionaire. Then you had the COVID bull run and all the cycles it brought. Altcoins, NFTs, memes.. you simply didn't need a high level of skill to be profitable during these times. But times have changed.
The reality is you're late to the party by now. Crypto controlled the mainstream for years until AI recently took over. Saylor came, the ETFs came, EVERYBODY already came and prices peaked. That's in the past now and what you're currently left with is a #Bitcoin that is basically less volatile than the S&P 500. Crypto majors are slowly bleeding and even the memes within crypto are eclipsed by the volatility of semi-conductor stocks on a daily basis. Even crypto exchanges saw the writing on the wall in 2026 as they all started implementing equities onto their platforms. Tether invests in gold rather than crypto. From financial products to investments, even crypto natives are shifting away from crypto.
So where is the silver lining? It's truly difficult to see one right now. Crypto has essentially become the new forex. It's a niche sector of tradable assets filled with market participants who didn't move on to the new exciting game in town (AI). Trump used crypto to enrich his family, friends, and businesses and sends a once monthly headline about America being #1 in crypto that comes across more like a paid tweet than intention for genuine progress. Saylor is down $10+ billion over a period where the S&P 500 has tripled along with every other asset in the world, from housing to fruit to toilet paper. He was just approved to sell 5 billion worth of Bitcoin here at $63,000 per coin after his endless buying spree at over $100,000 per coin. He's more pompous and arrogant than intelligent and has zero ability to execute well timed Bitcoin purchases. It's beyond laughable to think that Strategy is going to engage in "active capital management" moving forward. Saylor is now a sideliner hoping the market saves him while begging for the Clarity Act to be passed on Twitter. Tom Lee casts a dark shadow over $ETH, a fool no different than Saylor. $SOL is priced best to be bought back up if the masses return, but it just distributed for two years and recently broke down. $HYPE could have been the golden goose that escaped the crypto ecosystem but talks of KYC and regulation have stifled its bull run. No different than how Binance and BitMex gave users to Bybit and then Bybit gave its users to Blofin. Regulation slowly kills exchanges.
The true silver lining is knowing that the trading skills you've spent years developing in crypto can be applied to other markets as well. And if you were a flash in the pan, then I hope you retired off of your niche cycle because those were likely once in a lifetime opportunities.
With all this said, I genuinely do hope there is a catalyst that allows crypto to flourish once again, even if it never reaches its former peak. And while I can envision lower prices, I have to think that we're near max pain when it comes to volatility and trading opportunity. I have to imagine that price action gets better going into the end of the year and beyond. A deep move lower could partially remove Saylor from the market and we could have a run, a run that both spot buyers and traders alike could enjoy. I think a logical bounce / bull case for Bitcoin could put us back near $100,000, in which we would need to see prices at $50,000 or less to aim for a 2x. For altcoins like ETH and SOL, I presume they will simply follow Bitcoin. HYPE could still outperform if it's not regulated to death and I'm sure some memes can run in between. My last ten trades in a row have all been equity trades because that's where the volatility has been, but I truly hope that changes soon. I have nothing against crypto. In fact, I love crypto. It gave me a career and an audience and skills that I may not have developed otherwise. I'm nothing but thankful for crypto and I wish it was in a better state.
But the reality is that all good things do wind down. They don't fully die, but they're never what they once were. I can still play Counter Strike 1.6, which I absolutely lived for in my teenage years, but it's not the same. It's not a LAN party with the boys or scrimming for 14 hours straight on a Saturday. Pick your favorite pastime and you can still find others flourishing and enjoying life within the niche, but the golden years are behind us.
There's a lot of talk about crypto's return to glory lately, but everything grows older, and it may never look like it once did. And that's okay.
Chase retweeted
We longed $GOOG in the telegram, avg entry mid 330's. Taking partial profits here at mid 350's.
Join up, it will always be free.
t.me/chasescharts
Chase retweeted
The only thing that can save you is other market participants buying enough BTC to raise prices and get you out of your hole.
Let's hope the Bitcoin community is smart enough to not bid or buy any Bitcoin until you're forced to sell a lot of yours at lower prices.
Chase retweeted
Prep for the week with Chase & @krakenpro
LIVE NOW!!
xitter.cf/i/broadcasts/1MKgNNOam…
Chase retweeted
Join the telegram. All signal (charts and trades) without the noise. At 5k members, I'll teach you guys a 5 minute trade strategy I've never taught before.
It will always be free.
t.me/chasescharts
Chase retweeted
There are people on here who actually called Michael Saylor a genius. Let that sink in for a second.
A guy who was tried for fraud two times previously.
A guy whose company lost 6 billion in a day in 2000.
A guy who had such piss poor execution on his Bitcoin buys that he is somehow down 15 billion during a time period where $BTC did a 10x+.
A guy who posted AI slop pictures and videos of himself on a daily basis showcasing his arrogance.
A guy who insulted anyone who questioned his financial products, meanwhile later admitting the products were built using AI.
Not only is he not a genius, but he's actually a man of low intellect as I've been saying for years now. And potentially even a criminal at this point.
If you were one of those laser-eyed fools constantly defending him or talked about taking out a loan against your house to put it into $STRC , you owe an explanation and an apology to your followers. And if you were one of my reply guys, you owe an apology to me.
Let's hope for investor's sake that Saylor only has to sell a chunk of BTC and he can somehow bring STRC back to par and kick the can down the road. But even if so, extreme damage has already been done. I'm sure there are lots of families who have already capitulated at a 25% loss on their savings because Saylor promised them "money market stability" on STRC and they fear it's headed to zero.
What an unfortunate situation. More people should have spoken up over the years.
Chase retweeted
Going live on the @OrderBookShow now!
youtube.com/live/v8IzwVaHHdw
Chase retweeted
Preparing for the pullback w/ Chase & @krakenpro
LIVE NOW!
xitter.cf/i/broadcasts/1rGmqqRBD…
Chase retweeted
I started a telegram for a 100% clean feed.. just charts, plans, and setups.
It will always be free. Likes/RTs appreciated!
t.me/chasescharts
Chase retweeted
Replying to @saylor
you've made Bitcoin extremely unattractive to investors. well done.










