CryptoLite_247 1

$BTC decent move off the open but quickly retraced and back to looking pretty meh on low time frames. No view personally on where bitcoin goes in the next few days; I'm still just viewing the reactions to these areas. I still think this looks pretty bad though #BTC Price Analysis# #BTC

momentum trades on the long side:
$DYDX
, $SYN are the ones to watch. Cant believe the dydx move honestly but the good news should be coming out soon (clearly front ran) #Altcoin Season# #DYDX #SYN

How much longer are these support regions going to hold up? Really just want to see $BTC bitcoin hold it. I'm still mostly watching and not in any position right now #BTC Price Analysis# #BTC

Some deeper targets if we get there on some coins I like (everything will go as bitcoin goes IMO):

VVV: $9-$11 is my area that I've been targeting for weeks. Chickened out on my short idea but oh well.

$HYPE
: Low 50s is my area of interest. I'll admit this does look a bit like distribution but this is unlike any other altcoin and has extreme buy pressure everywhere, so not expecting sub $50 unless bitcoin completely shits the bed. But buying this one as low as possible

$ZEC
: I think this continues to grind down and mostly go as bitcoin goes. 300- $350 is where I start to pay more attention personal #Altcoin Season# #VVV #ZEC

$BTC For Bitcoin, buying deep bear markets has historically been structurally forgiving. For alts, that assumption fails. Buying alts in a bear market only works if the assets you buy remain relevant in the next cycle (data suggests that most alts (~95%) just die). For old-cycle coins, the burden of proof should be very, very high. The risk is assuming that last cycle’s alts universe is the opportunity set for the next cycle. But it may be better to wait for evidence of leadership rather than assume old leaders will come back, innit? Next cycle’s returns likely come from *new* leaders, not the average previous-cycle shitter. Chart related #Altcoin Season# #BTC Price Analysis#

$SOL

What if SOL pulls a 2022 ETH and bottoms months before BTC?

It's an outcome I'm becoming increasingly open to.

The one level I'm watching is the 21-week EMA (green), currently sitting around $85.

The last time SOL reclaimed it during a bear market, the cycle low was already in.

One data point doesn't make a rule.

But if we see that same reclaim again, I think it makes a compelling case that SOL has already found its low for this cycle.

That would also go a long way toward explaining why SOL/BTC has continued showing relative strength while the broader market remains under pressure. #Altcoin Season# #SOL

MET, $LIT
and $SYN all have kind of similar charts where they're chopping near the local highs. LIT looks the strongest of these in terms of buying this area but SYN is still one to also focus on later #Altcoin Season#

$PENGU I realize that memes in general are totally dead and that those types of risk on assets aren't going to be coming back until the overall market gets better. With that said, I think that many of these have a few x in them at a minimum when that does happen. Now, you can say the same thing about any beaten down coin- but memes always have stronger energy in the right environment vs. something dead like TIA. The only concern is mostly time...it could take a while before these things really strongly move. But I do think that coins like PENGU are good options when solana shitcoins come back. I have a bag. #Altcoin Season# #PENGU

$SYN : The only way old projects can have super strong runs is usually 1 of 2 ways: a total rebrand /pivot to a new relevant narrative (AI is common) OR total cabal/crime pump (where all supply is collected and then pumped). SYN went from being a x-chain infra project to HyperLiquid options Sometimes these things can really move hard but the majority of the time they are just weird exit pumps overall. SYN still probably could be a decent buy the dip but in general, this team has had some weird situations in the past if I recall correctly. But kudos to them for pivoting.. #Altcoin Season# #SYN

Memes still present some of the best R:R trades right now IMO. The only issue is the time factor, where these types of buys can take weeks or even months before the materialize. Coins like $FARTCOIN can easily go a few x from here and it wont take much to move that market. #Altcoin Season#

$EIGEN
kind of viewing some of these types of coins that had a decent run a week ago but now are pulling back a lot. If coins like EIGEN have any sort of bounce, this area is extremely attractive IMO. 0.618 fb + 4h EMAs.. #Altcoin Season# #EIGEN

$ZEC
is sitting on edge of liquidity on both ends.

Lots of liquidity waiting $430-$440 and below liquidity till $350.

If buyers keep defending current price could get pulled straight into that zone.

This is why I spend more time watching liquidity than predictions.

The chart always tells you where the market wants to go before everyone else notices. #Altcoin Season# #ZEC

5 year returns flat, $SOL couldn't hold a consecutive green month above previous cycle all time highs, cracked previous cycles ath by a mere 10% while total supply has increased around 70% in the same time, was only able to crack price all time high because the president launched a low float scam on the chain and permantly marked it as the scam memecoin chain to 99% of retail, Forward Industries the largest Solana DAT is down 70%, I could go on and on But most importantly above all the chart looks like this onto its 9 red month in a row with the crypto cyclical bear market still being 4 months out from statistically bottoming I don't see the trade, I see a gambling knife catch #Altcoin Season# #SOL

$LIT is a clear outperformer lately and it's one of the best 'fundamental' coins on the market (given it actually has revenue). It still trades like shit on the lower time frames and it's still a coin that you should probably just own some spot for...and yes, its probably going to still underperform hype on all time frames but right now, it still is decent no position on it for me personally but I am considering throwing some $ in spot on this one #Altcoin Season# #Litecoin

$SOL If you are DCAing in this area then it probably makes money with a long enough time horizon, likely 6 months+. But if you're looking for this as an active trade, hard to really say with bitcoin at its current level. Solana has still been an extremely strong major though and it's shown a ton of relative strength. I'm personally not going to fire until we see it move a bit higher but will keep watching for now. #Altcoin Season# #SOL

Chart Idea
$HYPE

I don’t know when it will happen, whether after 3 days, 3 months, 3 years, or 300 years from now. But whenever the hype finally hits my pullback zone, that is exactly where........... 🔥 #Altcoin Season# #HYPE

#BTC whale orderbook update (15m)

Price was rejected near $60.5K, with sell walls still sitting around $60.17K–$61.2K.

The key support zone is now $58.5K–$57.3K, where large bids are stacked.

As long as $BTC stays below $60.5K, short-term direction remains weak.

Reclaim $60.5K, and bulls can push back toward $61K+. #BTC Price Analysis#

$VVV I was pretty bearish on this one and I still am from a chart/flow perspective but the overall pmf is undeniable and it definitely has its place in a narrative standpoint for decentralization + AI. I thought (and still think) that $9-$11 would be reasonable but this will continue to spike up as long as these big AI companies keep pushing KYC. Overall broader market still sucks too so there's that, but will keep watching... #Altcoin Season# #VVV

$JUP 1 of the stand out coins lately and holding up very strong. Not sure what's going on here and if there is some sort of announcement that's getting front ran but it's been very strong on a relative strength basis. Not in it currently but more just watching #Altcoin Season# #JUP

$BTC really hope we can reclaim some of these higher levels. Equities are looking like they're going to be strong today and I hope we can get some of that carryover in crypto land. I think playing level to level is mostly best right now as we're still in dangerous territory #BTC Price Analysis# #BTC