Cataleya Nguyễn

The most recent $PENGU drawdown mirrored what we saw post launch.

Nearly identical duration - lower drawdown.

Remember April when we saw this start to squeeze and outperform all of the other memes?

It's about to happen again.

Run it back to all time highs with haste.

It's interesting; $NEAR has hit the lowest price point since October 10th, while NEAR intents are growing with triple digits every month.

Technically, it's looking good. Consolidation and accumulation around this area would imply that a breakout above the 20-Day MA is around the corner.

When that happens, and $NEAR breaks through $1.95, it's back in the range, and that would be making it a range-to-range play towards $3.
{future}(BTCUSDT)
{future}(ZECUSDT)

DISCUSSION ON BITCOIN'S 4-YEAR CYCLE

• Group that believes in the 4-year cycle

🔹 Those who believe in the 4-year cycle argue that this model is still valid as BTC has increased by more than 8X from the bottom in 2022 (around 15K USD) and this is the time BTC enters the bear market.

🔹 Altcoins do not increase as strongly as BTC because the number of altcoins is too many and there is no strong narrative like NFT in 2021 or ICO in 2017.

• Group that no longer believes in the 4-year cycle

🔹 Some entities like Grayscale, CZ, and expert Lynn Alden argue that the traditional 4-year cycle may no longer be accurate. Demand from institutions has changed the model. Evidence is that BTC set an ATH before the 2024 halving, something that has never happened, plus BTC is increasingly reacting to macroeconomic factors.

🔹 BTC is currently down 2.5% this year while according to the 4-year cycle, this year was supposed to be a bullish year. BTC also does not have a “blow off top” while most altcoins are still moving sideways or worse compared to 4 years ago.

🔹 Investment firm Bernstein believes that recent price action shows BTC may no longer follow the 4-year cycle. They believe BTC is entering a longer bullish cycle driven by institutional money absorbing selling pressure from retail investors. Even though BTC corrects by 30%, outflows from ETFs remain very low, below 5%, indicating strong long-term demand. Bernstein maintains a long-term price target of about 1 million USD for BTC by 2033.

🔹 Major American bank JPMorgan remains optimistic with a BTC price target of 170K USD in the next 6 to 12 months. They predict the peak cycle will be in 2027, and BTC could reach around 200K USD.$SOL $pippin $OP

When you’re wondering why $ZEC is down so much from its highs, remember to blame Andrew Tate.

THE LAST 3 BITCOIN BOTTOMS LOOKED IDENTICAL.

RSI bottomed
DSS flipped bullish
Then came the pump: +174%, +85%, +48%

The signal just returned.
RSI is back at March 2020 levels.

Those who saw it then…
see it now. $REI $pippin $WLD

It's FOMC day!

Technically speaking, the chart is still aligned with my bullish bias, as I expect a strong breakout to the upside in the coming week.

I'd prefer to see $91.5K hold as support, but something meaningful for today is to avoid minimal movements and trades.

Why?

FOMC meetings can be pretty tricky. The price action usually traps everyone before the actual move, so even if #Bitcoin drops to $91K, I'm not putting too much weight on it.$BTC

$PEPE one year after launch

vs.

$PENGU one year after launch.

You aren't bullish enough on flightless birds.

$XRP

Leg up if it holds here

In my opinion, one of the best ecosystems to be looking at to be accumulating in your portfolio, and that's why I hold it in my #Altcoin portfolio: $TAO .

The halving is literally around the corner, it's on a higher timeframe support and the ecosystem keeps on expanding.

The #Altcoin markets have been suffering, for sure.

However, $ARB has been continuously expanding its ecosystem as TVL has been rising significantly.

I think that we're in a deviation period on a TA basis.

That means anything under $0.25 is a deviation from the original range it has been operating in.

If it breaks back in the range, the price should be doing a range-to-range play towards $0.40.

It's just that sitting and staring at the chart 24/7 made me so tired that I fell asleep, and now the price to pay is too high for today
Now I have to bear the loss $pippin

click here to trade👇👇👇

$RIVER Entry Zone: 5.95 – 6.02
Stop-Loss: 6.18
TP1: 5.75
TP2: 5.58
TP3: 5.45
If price breaks and holds above 6.18 → this setup is INVALID → NO TRADE.
Now For pullback traders
Use this setup for long
Entry Zone: 5.45 – 5.55
Stop-Loss: 5.19
TP1: 5.95
TP2: 6.25
TP3: 6.65
Bạn sẽ chọn long hay short

click here to trade 👇👇👇

A great representation of the current status of the markets for #bitcoin $BTC .

Technically, we can all argue that #bitcoin is correlated with the Nasdaq.

Nasdaq has been showing resilience, Bitcoin has not.

That creates mispricing and a divergence.

That's why $100K is around the corner for Bitcoin and that's also why the 4-year cycle thesis is entirely fugazi.

Recently, the markets have seen a massive crash where Bitcoin has suffered a correction from $115K to $80K in just two weeks

$C98 the boat has sailed

$OP short scalp
Sl : 0.36
Tp : 0.29
Tp2 : floating

click below and short 👇

$WLD short short frame
Sl : infinite
Tp : 1R
Refer to the entry position here 👇👇👇

$C98 short swing
Sl : 0.031
Tp :1R
Tp : floating
Refer to the position to enter the order 👇👇👇

$pippin short short frame 15’

Refer to the entry position 👇👇👇👇

Update the last order of the day
$FHE successfully blocked the boat
$JASMY has finalized TP 1
$HMSTR still trying to hold on to the shore
Bro refer to the position here 👇👇👇

How to receive lucky money instantly
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