Crypto Entrepreneur. 10 years TA FA. Founder of CryptoPatel. Alpha Hunter. SMC and ICT Trader. Sharing 10x Gems, X: CryptoPatel, Pro Setups, Market Trends 🚀
Crypto Alert: India Steps Up Enforcement & Tax Detection
The government is cracking down on unreported crypto transactions:
ED Actions: 🔹 ₹4,189.89 crore in crypto-related proceeds of crime attached, seized, or frozen under the PMLA. 🔹 29 arrests made and 22 prosecution complaints filed. 🔹 1 individual declared a Fugitive Economic Offender.
CBDT Tax Detection: 🔹 Undisclosed income from crypto/Virtual Digital Assets (VDAs) worth ₹888.82 crore identified during searches. 🔹 44,057 taxpayers who didn’t report VDA transactions in their Income Tax Returns received notices under the NUDGE campaign.
Regulatory & Tax Update: 🔹 Crypto/VDAs are still unregulated in India. 🔹 The government is building capacity to monitor and investigate crypto transactions.
Tax rules on VDAs: 🔹 30% flat tax on gains (since FY 2022-23) 🔹 1% TDS on transactions 🔹 No loss set-off between different VDAs 🔹 Covered under PMLA since March 2023
How Detection Works: 🔹 Authorities use data analytics, internal databases, and Project Insight to match crypto transactions with tax filings. 🔹 TDS returns filed by Virtual Asset Service Providers (VASPs) are checked against ITRs to catch discrepancies.
The government is taking a dual approach: keeping crypto heavily taxed while strengthening compliance, even though crypto itself is still unregulated.
Source: Official reply in Lok Sabha by Minister of State for Finance Pankaj Chaudhary
What it means: 🔹 70%–90% of $ETH will be staked 🔹 Coinbase and Anchorage will keep the crypto safe 🔹 BlackRock won’t run its own validators 🔹 Will trade on Nasdaq once approved
Why this setup? ✔ Monthly low swept → external liquidity taken ✔ Strong bullish reaction post-sweep ✔ Looking for reclaim of CISD to confirm continuation ✔ Liquidity magnet above at previous month high
HTF ChoCH Update: #Bitcoin Macro Bias Still Bearish
$BTC perfectly rejected the Inducement zone at $93k–$94k and dropped to $87.7k, providing nice scalping opportunities.
Price is now back near the Inducement + FVG level. If it breaks upward, the next target could be $100k–$102k before the next leg down.
Bearish bias remains until #BTC breaks $107.5k with a HTF candle close above. Only then would a new ATH scenario be considered.
Otherwise, expect a macro downtrend toward $60k–$50k over the next year.
ICT View: Market is rebalancing inefficiencies before potentially delivering lower lows.
TL;DR: BTC still bearish; watch for FVG plays and key rejection zones. Only a break above $107.5k changes the long-term view.
CryptoPatel
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Bearish
HTF ChoCH Alert: $BTC Macro Bias Is Still Bearish
#BITCOIN is still following clean HTF bearish order-flow (LH → LL → BOS). The current push up is just a premium retracement, driven by internal liquidity grabs.
Price is reaching for the premium FVG at 99,866–101,184, the next clear draw on liquidity and a prime reversal zone.
Robinhood’s Next Big Leap: Tapping Into Indonesia’s Massive Investor Boom
Robinhood is officially entering the Indonesian market after announcing plans to acquire PT Buana Capital Sekuritas and PT Pedagang Aset Kripto.
Why this matters: Indonesia’s fast-growing investor base, 19M market investors and 17M crypto traders, makes it a major opportunity for Robinhood’s Southeast Asia expansion.
Key points: 🔹 Entry via brokerage + crypto platform acquisitions 🔹 Pieter Tanuri stays on as strategic advisor 🔹 Deal expected to close in 1H 2026
A strategic step that strengthens Robinhood’s presence in Asia’s booming digital asset ecosystem.
People are talking about $LUNC again… but for all the wrong reasons
1️⃣ CoinDesk reporter rocked a vintage LUNC tee at Binance Blockchain Week → went viral 2️⃣ Do Kwon’s sentencing coming up Dec 11 3️⃣ Last 7 days: 1.8B LUNC worth $95K burned. 4️⃣ #LUNC pumped 220% in the last 6 days, but dumped -37% in the last 24 hours ⬇️
Shiba Inu is approaching one of the strongest historical support zones in its entire chart history… and every previous touch has triggered a massive impulsive rally.
Current Positioning SHIB is trading ~91% below its ATH and ~82% below last year’s high, compressing into a major long-term support demand block at:
Strong Support Zone: $0.0000080 – $0.0000060
This level has acted as a multi-cycle accumulation range and has repeatedly generated explosive upside moves.
Historical Reaction From This Support Zone: 🟩 Aug 2021: Price tapped the zone → +1200% breakout within days 🟩 Jun 2022: Retest → +145% rally 🟩 Oct 2023: Retest → +575% surge
Now the price is once again hovering near this same structural support. If the zone holds, especially above $0.0000060, The probability of another large bullish expansion increases significantly.
TA-Based Expectation: Given the historical pattern of explosive reactions off this range, the setup hints at a potential +500% to +1000% upside in the next 6 months, if support holds and momentum confirms.
This region remains one of the highest-probability accumulation zones from a pure technical-analysis standpoint.
But remember: Risk management is everything. Always DYOR, This is NOT financial advice.
Global Market Mood Turning Cautious: Volatility Possible Ahead
Markets are entering a sensitive zone. Macro signals now matter more than sentiment. Read carefully 👇
1️⃣ Australia Turns Hawkish Rate hike chances rising due to inflation → liquidity may tighten. Impact: Short-term Bearish for risk assets (crypto/equities).
2️⃣ U.S. Federal Reserve = Main Trigger Ahead Rate cut expected, but uncertainty remains. If Cut → Bullish for crypto & equities If No Cut → Bearish + volatile reaction likely
3️⃣ Global Growth Still Soft Weak demand + slower trade → reduced risk appetite. Impact: Gradual Bearish bias on high-volatility markets.
4️⃣ Emerging Markets See Outflows Foreign money exiting EMs incl. India → pressure on market sentiment. Impact: Risk assets remain sensitive until flows stabilize.
Quick View 🔹 Liquidity: Mixed: Fed will decide direction 🔹 Risk Assets: Slight Bearish tilt 🔹 Safe Havens: Possible short-term upside 🔹 Volatility: Expected to rise in 48–72 hours
Final Thoughts We are in a phase where reaction matters more than prediction. Upside is possible but only if you are prepared.
Volatility isn’t danger. It’s opportunity for disciplined traders.