20 hours ago, Garrett transferred $39.5M USDC from the address 0x1cBa79CF8DD10D0D6cD6f098B34DFc3499377829 to Binance. He is still holding $263M USDC in that address.
15 minutes later, the wallet 0x92ea19ECeB7a8dE0f50978A1583A5D8b018050e9, which had been inactive for 2 months, received $40M USDC from Binance.
10 hours after that, Garrett deposited $10M USDC on Hyperliquid to buy 42.5K $HYPE (~$2.1M) at an average price of $50.1 and opened a long position of 504.4 $BTC (~$39.1M) with an entry price of $77,394.
See new posts Search timeline $Trader @GDXTrader · 10m $COPX
$COPX followed through nicely to the upside after the bullish harami setup shared in the post below, confirming the pivot low reversal and rewarding traders that respected the signal.
Importantly, the bullish harami confirmation level never got revisited so far, showing buyers maintaining control and demand stayed strong throughout the move.
The 50 EMA continues to trend higher, supporting the broader bullish structure, but price has now pushed into overhead resistance where sellers are beginning to respond.
Last week’s shooting star candle at prior ascending resistance was an early warning sign that momentum was slowing near supply, something we anticipated in the previous post below.
This week’s selling pressure reflects profit taking into resistance while bears attempt to defend the level.
Overall, the chart remains constructive, but traders will now watch whether bulls can absorb the selling pressure or if a deeper consolidation develops.
$BTE continues to trade within a bullish ascending channel as bulls have maintained momentum over the last few weeks not giving us any bearish high pivot reversal confirmation.
Price is now pushing right below ascending resistance, showing trend strength, but this week’s spinning top candle could an early sign of short-term indecision as buyers and sellers battle near the upper end of the trend structure.
From a risk/reward standpoint, it becomes harder to initiate a fresh long position when price is extended into resistance after a strong run, but for traders already positioned long, there is currently no technical reason to exit as the uptrend structure remains intact.
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