Manipulation will end and the time to trade futures again with swing positions will come.- sitting in hands sometimes is the best temporary choice.- we trade when we have an hedge against market makers.- take the time to clear your mind and be calm.- “good thing come to those who wait” 🧘♂️
The market is highly manipulated, with pumps that pull back followed by another pump that then pulls back in major and altcoins, all with rave scam in between. Personally, I'm not the type of trader that take futures positions in this kind of thing, so I'm still focused on macro and spot holds for now. If the market changes at some point, or i see a clear swing setup, great. Otherwise, I'll keep doing what is my comfort zone with less stress, less risk.
There are other traders who are killing it with these movements, and their style is a better fit than mine, for intraday futures you should look at them.- :)
Bitfinex shorts are approaching “resistance” levels in $ETH as price goes into HTF zone.- on the other hand $BTC shorts could rise little more.-
- 6 billion $BTC option expiring on may 29 with a max pain price of 75k.- so I would be patience till then and after that event sell pressure and shorts should reduce considerably imo in confluence with HTF demand zone y majors.-
Amazing how $CHZ doesn’t care
Shorts been rising hard the last weeks, and today they popped hard.-as we are arriving HTF demand I’ll update, was no point in projecting something that was developing when I saw it.- little patience my friends are are reaching interesting zones :)
$ETH update on the 4H Bulldiv:
From a technical perspective, registered a lower low on the 4H chart, yet the RSI failed to follow, sustaining the bullish divergence.
This highlights seller exhaustion on a broad market liquidation day—suggesting either a momentum slowdown or a deliberate stop-hunting liquidity sweep. Failure remains possible, but the technical structure is noteworthy.-
Also, It is worth noting that in Daily time frame the RSI is close to the 41+ level which acted as support in previous HTF bounce and upward movements. $ETH
Good morning! The bad part low time frame invalidation, the good part it’s a general retrace and crypto is retracing less than most stocks and metals.- little patience and I’ll update later :)
Low time frame invalidations i see for a possible move up into new highs from around here:
$BTC 79230
Aiming for extensions 83800/86k
if invalidations are hit i could expect a drop into HTF demand.- and ill update with charts.-)
Smart money knows $ETH R/R.- :)
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