O CPI de abril surpreendeu negativamente em todas as métricas. A disparada do petróleo está alimentando uma pressão inflacionária generalizada, revertendo o processo de desinflação que o Fed buscava consolidar.
Com o IPC-núcleo acima das projeções, as apostas de corte de juros em 2025 estão ficando complicadas apartir daqui. Agora o mercado começará a pensar sobre o quanto Warsh está disposto a falar de cortes de juros em um ambiente assim...esse era o cenário mais temido pelos mercados.
O #BTC já vinha em queda, devido a rejeição NOVAMENTE da resistência em torno dos $82K, e agora testa o suporte em $80.5K que vem segurando, mas precisamos de NOVOS grandes COMPRADORES nessa região até amanhão, ou podemos chegar mais baixo em $78K.
As notícias são o que os Grandes Ursos tem, apenas isso...então, não parece provável que eles vençam essa disputa pelos preços e os $86K segue na mesa.
Naturalmente as Altcoins recuam mais no momento atual, porém, também devem encontrar algum suporte entre hoje e amanhã para uma recuperação na Quinta-feira e algumas antes disso.
Os dados de hoje reascendem o cenário mais adverso para as Cripto: inflação persistente + Fed hawkish. Porém, o Warsh assume o FED e acredito que ele estará preparado para fazerem as coisas acontecerem positivamente.
A atenção redobrada deve ser dada para as posições alavancadas, mas para os investidores SPOT, nada mudou! ✊🏻
Marcaremos o fundo desse recuo entre hoje e amanhã, e se recuperaremos até o fim de semana.
Cash is finally flowing back into the market, not just for #BTC, but for many altcoins as well. Notice how we’re seeing USDT dominance drop pretty quickly over the last few days, swiftly breaking below 7.18%, which was the level I mentioned last time, nailing the timing perfectly.
Right now, we're sitting at 7.03%. We've been trying to push down for 5 days towards 6.79%, but we haven't hit that mark yet. However, this drop so far has landed us at $82K for Bitcoin, and many altcoins have broken their consolidation or bearish channels from months.
As I mentioned before about altcoins breaking their bearish structures as soon as we hit this point, it’s quite likely I’ll be right about $85K for Bitcoin once we enter the red zone of the chart just below.
We’ve got just over 3 hours left until the daily close. Ideally, we’d like to see the current candle closing below 6.97%, as that would save us some time. Keep an eye on it!
I believe we’re in for an extremely important week, especially around Thursday. The momentum is in favor of the BULLS, and that should continue.
The thought remains the same: "Once we’re below the red range on the chart, things will get wild for the BULLS, and the bears will be completely wrecked."
Ualifi Araújo
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Bullish
🚨 Updating USDT.D..
We're still looking pretty similar to the last time I updated this.
We're currently below 7.41%, but we had a quick spike to resistance at 7.63% this week, which obviously caused a dip in #BTC and altcoins. However, we're already heading back towards 7.18%, which is our target here. From there, we'll see many altcoins breaking their downtrends or lateral channels.
This looks a lot like the movement we had in 2022, before we saw a solid recovery. Of course, until we break that red zone on the chart, we won't be seeing Bitcoin at $85K, and consequently, we won't witness a broader recovery in altcoins. But as soon as we drop below that red range on the chart, things will get crazy for the bulls, and the bears will get totally wrecked.
We're heading towards a risky weekly close for the bears, and while it doesn't look too bad yet, that should change as soon as we dip below 7.18% next week.
I hope we see the #ETH moving up and pulling the altcoins with it, of course, if the Ethereum foundation stops dumping ETH.
Remember: The market doesn't need your approval for a bull cycle, so stop acting like it does.
It did a retest in the yellow zone I marked on the chart, and after that, it hit $82.4k, which was expected. However, yesterday we had another setback with the peace deal between Iran and the US, causing some discomfort in the market.
The yellow zone continues to play a crucial role for the BULLS, as keeping prices above it means we could attack $86K faster than planned.
Even though we've seen a round of $168M in liquidations of LONGs in the last 24 hours, basically just the HIGHLY LEVERAGED ones were taken out from the charts. The real pain is STILL upwards. Wait to see what happens with the BEARS when we hit $86K.
The longer we stay trapped between $78K and $82K, the more big SELLERS accumulate in this region. They bet this is just another retest pump and don't realize that with each new level, the probability of breaking the bearish structure on higher timeframes increases. This will be the fatal mistake of the big bears.
Even with the numerous global issues we're seeing, especially this madness between Iran and the US, prices continue to rise. In a calmer environment without these bearish catalysts, the price is going to shoot up.
Obviously, altcoins are pulling back more, as we're paying more attention to Bitcoin since it's at a crucial decision level. But a little sideways action here will give us some relief in altcoins. Some remain quite strong, to be honest, and should rise very quickly.
This week will be of utmost importance, so we need to stay alert.
In my opinion, $78K is the new support that the BULLS will defend at all costs, and this will put us at $86K. I'm not in a hurry here. The RSI is still hot on the higher timeframes, so let it cool down a bit more. A little more time and we will continue upwards.
$86K loading...
Ualifi Araújo
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Bullish
We've made an incredible move on #BTC , quickly hitting the $82.8K region. However, this movement was clearly driven by the liquidation of large sellers, something that was already expected.
In the analysis I published on the 5th, I mentioned that while there was room for us to keep rising, it would be necessary to cool off a bit before the real bullish movement. And that's exactly what seems to be happening today, which is why I'm updating this chart.
We had our first touch at $80K, and this yellow zone on the chart should act as support (consider a quick dip to $78K).
If we spend more time in this $78K/$80K region, we could consolidate before a new push towards $86K.
The ideal scenario would be some sideways action for 1 or 2 days, although there's a chance everything could happen faster than expected. Bitcoin staying above $80K opens up space for altcoins to gain even more strength and outpace BTC's initial movement. You can see how strong altcoins are right now, with some remaining positive while BTC registers a drop of -1.70%. This is exactly the kind of behavior expected in a major altcoin recovery scenario.
Some auxiliary charts continue to point towards a good continuation of the bullish trend in the market, especially among altcoins. Therefore, I believe BUYING THE DIP is still the best strategy at the moment, even for traders.
The next 8 hours should be crucial to define support, but my focus is entirely on the weekly close, as it will provide clearer signals regarding the next steps.
The downward movement was driven by news involving Iran, which led large short positions to take action along with the spike in OI. This will end up being yet another disaster for sellers in the perpetual market.
The same play is repeating once again, and the sellers keep falling for it.
The US and IRAN can't seem to strike a deal, and once again, the PEACE ATTEMPT has gone down the drain.
TRUMP weighed in on the agreement: I don't like Iran's response, "totally unacceptable."
Here we go again with Trump's usual threats and more threats, with Iran already warning that it will OPEN new fronts of attack if the US STRIKES again.
The question is: Did Iran follow through on everything it promised, so will Trump now doubt and escalate things even further?
In the next 3 hours, the Asian market will be opening, let's see how our trading buddies react.
Stay sharp!
Ualifi Araújo
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Bullish
While the OIL MARKET is under pressure with the likelihood of Iran rejecting the peace deal... the big BUYERS at #BTC want to keep prices as high as possible for the new week, giving us some room to work if the deal gets nixed.
We're sticking to the plan and heading for $82K, even over the weekend. Looks good, but now with the DEAL factor sent out, we need to pay EXTRA attention in the new week.
It's likely we'll get a response right at the start of the week, but as always... the charts respond first... so checking the oil is a solid play.
The deal is; Iran still hasn't responded to a U.S. plan to end 10 weeks of conflict and reopen the Strait of Hormuz. It should go down at some point next week.
President Trump warned that the U.S. could "take a different path" if Tehran rejects the deal, which would reopen shipping routes in exchange for easing sanctions.
Once again, Trump throwing unnecessary hurdles in the markets, but the Crypto Bulls are STILL ignoring it, let's see how it plays out.
While the OIL MARKET is under pressure with the likelihood of Iran rejecting the peace deal... the big BUYERS at #BTC want to keep prices as high as possible for the new week, giving us some room to work if the deal gets nixed.
We're sticking to the plan and heading for $82K, even over the weekend. Looks good, but now with the DEAL factor sent out, we need to pay EXTRA attention in the new week.
It's likely we'll get a response right at the start of the week, but as always... the charts respond first... so checking the oil is a solid play.
The deal is; Iran still hasn't responded to a U.S. plan to end 10 weeks of conflict and reopen the Strait of Hormuz. It should go down at some point next week.
President Trump warned that the U.S. could "take a different path" if Tehran rejects the deal, which would reopen shipping routes in exchange for easing sanctions.
Once again, Trump throwing unnecessary hurdles in the markets, but the Crypto Bulls are STILL ignoring it, let's see how it plays out.
Stay safe! 💛✊🏻🚀
Ualifi Araújo
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Bullish
No major movement yet in #BTC, but the bulls are doing a great job so far. Obviously, holding the Bitcoin price is still the focus over the weekend, which caused a slight dip in the altcoins, but they should soon start to outpace Bitcoin again.
We're tracking the last chart I posted very well, so we're in good shape.
We should see an improvement soon and a continuation towards $82K, but I'm not too concerned about the prices during the weekend; rather, I'm focused on the weekly close and open. That will bring us even more clarity.
I'm paying extra attention to USDT.D. It should soon make a move below 7%, which will set us up for another bullish round for altcoins and BTC. Especially the privacy altcoins should pump up pretty quickly.
I’ll probably update the charts on this later today, by the end of the day.
In this next leg up, that's where I expect the bears to get completely wrecked and things start moving up faster, eventually hitting $90K.
The charts are getting easier to read, so as usual, I'll soon cut back on my online frequency and focus more on my students and investment groups that I manage. But don't forget who has always been here during the tough times.
The charts look good, and with a bit more time, we'll be ready for $86K. After that, $98K will come much faster than most people think!💛🚀✊🏻
To all the moms out there riding the daily waves of #bitcoin with me: you are the true HODL of life.
Strong when the market dips, patient when it takes time to rally, and always building the future with love and resilience. Just like BTC, you never give up, you don't sell during the bear market, and you're worth more than any price.
Thanks for putting up with our talks about halving, ETFs, and 'when will it hit 200k' lol. The market might be red, but your hearts always close in the green.
May your day be filled with peace, love, and maybe some extra sats falling into the wallet of life.
And to you, the mom reading this: thank you for being part of this journey with us.
Nothing is more valuable than YOU, because from you comes LIFE! 💛🚀
No major movement yet in #BTC, but the bulls are doing a great job so far. Obviously, holding the Bitcoin price is still the focus over the weekend, which caused a slight dip in the altcoins, but they should soon start to outpace Bitcoin again.
We're tracking the last chart I posted very well, so we're in good shape.
We should see an improvement soon and a continuation towards $82K, but I'm not too concerned about the prices during the weekend; rather, I'm focused on the weekly close and open. That will bring us even more clarity.
I'm paying extra attention to USDT.D. It should soon make a move below 7%, which will set us up for another bullish round for altcoins and BTC. Especially the privacy altcoins should pump up pretty quickly.
I’ll probably update the charts on this later today, by the end of the day.
In this next leg up, that's where I expect the bears to get completely wrecked and things start moving up faster, eventually hitting $90K.
The charts are getting easier to read, so as usual, I'll soon cut back on my online frequency and focus more on my students and investment groups that I manage. But don't forget who has always been here during the tough times.
The charts look good, and with a bit more time, we'll be ready for $86K. After that, $98K will come much faster than most people think!💛🚀✊🏻
Ualifi Araújo
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Bullish
We've made an incredible move on #BTC , quickly hitting the $82.8K region. However, this movement was clearly driven by the liquidation of large sellers, something that was already expected.
In the analysis I published on the 5th, I mentioned that while there was room for us to keep rising, it would be necessary to cool off a bit before the real bullish movement. And that's exactly what seems to be happening today, which is why I'm updating this chart.
We had our first touch at $80K, and this yellow zone on the chart should act as support (consider a quick dip to $78K).
If we spend more time in this $78K/$80K region, we could consolidate before a new push towards $86K.
The ideal scenario would be some sideways action for 1 or 2 days, although there's a chance everything could happen faster than expected. Bitcoin staying above $80K opens up space for altcoins to gain even more strength and outpace BTC's initial movement. You can see how strong altcoins are right now, with some remaining positive while BTC registers a drop of -1.70%. This is exactly the kind of behavior expected in a major altcoin recovery scenario.
Some auxiliary charts continue to point towards a good continuation of the bullish trend in the market, especially among altcoins. Therefore, I believe BUYING THE DIP is still the best strategy at the moment, even for traders.
The next 8 hours should be crucial to define support, but my focus is entirely on the weekly close, as it will provide clearer signals regarding the next steps.
The downward movement was driven by news involving Iran, which led large short positions to take action along with the spike in OI. This will end up being yet another disaster for sellers in the perpetual market.
The same play is repeating once again, and the sellers keep falling for it.
Prices shot up to $79K on #BTC , and the spot buyers are back in the game. They seem eager to take over from here.
Of course, we're heading into the weekend, and we can never fully trust weekends. But I wouldn't be SURPRISED if we see a big liquidation of SHORT positions during this time. After all, we're heading towards $86K here.
Today's daily close already looks pretty sharp, so the weekly close is totally our focus now. I'll likely update the Bitcoin chart on Sunday.
Altcoins have already started to outperform BITCOIN, and this is with just a -0.38% dip in its dominance. Just imagine when that starts to really drop 👀... we're gearing up for a major altcoin recovery.
Anyway, it's the USDT dominance that interests me the most here. Notice it's already below 7.18%, but we still need to see it weaken further. That should happen sometime next week.
The 6.79% mark is just around the corner. Let's go!
If you want to stay BEARISH, that's fine... but don't COMPLAIN about getting left behind later.
Traders should have an easy ride in the coming weeks. TRADE!
Ualifi Araújo
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Bullish
We've made an incredible move on #BTC , quickly hitting the $82.8K region. However, this movement was clearly driven by the liquidation of large sellers, something that was already expected.
In the analysis I published on the 5th, I mentioned that while there was room for us to keep rising, it would be necessary to cool off a bit before the real bullish movement. And that's exactly what seems to be happening today, which is why I'm updating this chart.
We had our first touch at $80K, and this yellow zone on the chart should act as support (consider a quick dip to $78K).
If we spend more time in this $78K/$80K region, we could consolidate before a new push towards $86K.
The ideal scenario would be some sideways action for 1 or 2 days, although there's a chance everything could happen faster than expected. Bitcoin staying above $80K opens up space for altcoins to gain even more strength and outpace BTC's initial movement. You can see how strong altcoins are right now, with some remaining positive while BTC registers a drop of -1.70%. This is exactly the kind of behavior expected in a major altcoin recovery scenario.
Some auxiliary charts continue to point towards a good continuation of the bullish trend in the market, especially among altcoins. Therefore, I believe BUYING THE DIP is still the best strategy at the moment, even for traders.
The next 8 hours should be crucial to define support, but my focus is entirely on the weekly close, as it will provide clearer signals regarding the next steps.
The downward movement was driven by news involving Iran, which led large short positions to take action along with the spike in OI. This will end up being yet another disaster for sellers in the perpetual market.
The same play is repeating once again, and the sellers keep falling for it.
In October 2023, I answered a question ABOUT Solana, just days after posting to buy the dip it would make.
...and I used the phrase: "WE'LL STILL see SOLANA around in 2025." We hit $295 two years later in #SOLANA (in 2025).
If you're just looking at prices, you'll likely make the wrong call. Do your due diligence, don't be lazy or careless, DO YOUR RESEARCH.
NO ONE BEATS YOU IN THE LONG RUN!💛🚀✊🏻
Ualifi Araújo
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Bullish
Many people on my INSTAGRAM ask about #SOLANA ... in the past, I was really a Solana enthusiast.
Let's see what I was saying about Solana back in 2023? On October 2, 2023, a lot of folks were calling $SOL a "dead coin." At that time, I was advising to buy in the range of $9 to $12.
I was criticized later when it dropped -52% in October 2024 (even while preserving high profits), but 1 year later it was hitting $295 and forming a new ATH that year. This represented an appreciation of approximately:
+3,177% for those who bought at $9 +2,358% for those who bought at $12
And here’s the detail that separates the winners from the emotional traders: Before this historic pump, $SOL had dropped around -96%.
Those who only look at the price in the short term panic. Those who understand fundamentals, technology, and market cycles see opportunity.
The crypto market always transfers money from the impatient to the patient.
The big fortunes in this sector usually come from holding solid altcoins over the LONG TERM during times when no one believed in them anymore.
The big reality is: The right coins survive. Fundamentals speak louder over time. And the biggest profits come precisely when fear dominates the market.
Today, there are good Altcoin projects bringing incredible proposals, but people waste time and money on meme projects or things that CLEARLY aren’t going to work.
Right now, people get stuck on PRICE and not on the PROJECT. I've said this a THOUSAND times and I’ll repeat: PRICES CAN ALWAYS BE FIXED!
💬 NO ONE BEATS YOU IN THE LONG RUN! ✊🏻💛🚀
*I’m not saying to buy SOLANA today at $89, I’m saying there are good projects with potential profits much greater than what SOLANA has achieved.
Many people on my INSTAGRAM ask about #SOLANA ... in the past, I was really a Solana enthusiast.
Let's see what I was saying about Solana back in 2023? On October 2, 2023, a lot of folks were calling $SOL a "dead coin." At that time, I was advising to buy in the range of $9 to $12.
I was criticized later when it dropped -52% in October 2024 (even while preserving high profits), but 1 year later it was hitting $295 and forming a new ATH that year. This represented an appreciation of approximately:
+3,177% for those who bought at $9 +2,358% for those who bought at $12
And here’s the detail that separates the winners from the emotional traders: Before this historic pump, $SOL had dropped around -96%.
Those who only look at the price in the short term panic. Those who understand fundamentals, technology, and market cycles see opportunity.
The crypto market always transfers money from the impatient to the patient.
The big fortunes in this sector usually come from holding solid altcoins over the LONG TERM during times when no one believed in them anymore.
The big reality is: The right coins survive. Fundamentals speak louder over time. And the biggest profits come precisely when fear dominates the market.
Today, there are good Altcoin projects bringing incredible proposals, but people waste time and money on meme projects or things that CLEARLY aren’t going to work.
Right now, people get stuck on PRICE and not on the PROJECT. I've said this a THOUSAND times and I’ll repeat: PRICES CAN ALWAYS BE FIXED!
💬 NO ONE BEATS YOU IN THE LONG RUN! ✊🏻💛🚀
*I’m not saying to buy SOLANA today at $89, I’m saying there are good projects with potential profits much greater than what SOLANA has achieved.
Kalshi Traders are now saying there's a 49% chance of #BTC hitting $100,000 again this year.
The "analysts" at Quant have also changed their tune and say: "We'll wait a bit longer to see, but maybe we're forming the bottom."
The funniest part here is that many analysis and data firms will literally call for a BULL run only after it has already happened! 😅
Once you see it go up, it's easy to say: IT'S going up! kkkkkkkkkkkkkk
That's why I constantly urge people to LEARN how to trade, to see and understand the chart... being held hostage by data or analyses from these entities is literally madness, and a madness that's widely accepted by 99% of current crypto traders in the market.
The #BTC is following the plan, and we should see some BUYERS starting to pop up soon...
Don't be fooled, they're just liquidating the late LONGs...
The strategy remains the same: "Keep the price below resistance while the sellers aggressively position themselves at the worst point on the candlestick chart, then promote a quick recovery, trapping them into a new support and pushing the price to higher levels."
Ualifi Araújo
·
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Bullish
We've made an incredible move on #BTC , quickly hitting the $82.8K region. However, this movement was clearly driven by the liquidation of large sellers, something that was already expected.
In the analysis I published on the 5th, I mentioned that while there was room for us to keep rising, it would be necessary to cool off a bit before the real bullish movement. And that's exactly what seems to be happening today, which is why I'm updating this chart.
We had our first touch at $80K, and this yellow zone on the chart should act as support (consider a quick dip to $78K).
If we spend more time in this $78K/$80K region, we could consolidate before a new push towards $86K.
The ideal scenario would be some sideways action for 1 or 2 days, although there's a chance everything could happen faster than expected. Bitcoin staying above $80K opens up space for altcoins to gain even more strength and outpace BTC's initial movement. You can see how strong altcoins are right now, with some remaining positive while BTC registers a drop of -1.70%. This is exactly the kind of behavior expected in a major altcoin recovery scenario.
Some auxiliary charts continue to point towards a good continuation of the bullish trend in the market, especially among altcoins. Therefore, I believe BUYING THE DIP is still the best strategy at the moment, even for traders.
The next 8 hours should be crucial to define support, but my focus is entirely on the weekly close, as it will provide clearer signals regarding the next steps.
The downward movement was driven by news involving Iran, which led large short positions to take action along with the spike in OI. This will end up being yet another disaster for sellers in the perpetual market.
The same play is repeating once again, and the sellers keep falling for it.
We've made an incredible move on #BTC , quickly hitting the $82.8K region. However, this movement was clearly driven by the liquidation of large sellers, something that was already expected.
In the analysis I published on the 5th, I mentioned that while there was room for us to keep rising, it would be necessary to cool off a bit before the real bullish movement. And that's exactly what seems to be happening today, which is why I'm updating this chart.
We had our first touch at $80K, and this yellow zone on the chart should act as support (consider a quick dip to $78K).
If we spend more time in this $78K/$80K region, we could consolidate before a new push towards $86K.
The ideal scenario would be some sideways action for 1 or 2 days, although there's a chance everything could happen faster than expected. Bitcoin staying above $80K opens up space for altcoins to gain even more strength and outpace BTC's initial movement. You can see how strong altcoins are right now, with some remaining positive while BTC registers a drop of -1.70%. This is exactly the kind of behavior expected in a major altcoin recovery scenario.
Some auxiliary charts continue to point towards a good continuation of the bullish trend in the market, especially among altcoins. Therefore, I believe BUYING THE DIP is still the best strategy at the moment, even for traders.
The next 8 hours should be crucial to define support, but my focus is entirely on the weekly close, as it will provide clearer signals regarding the next steps.
The downward movement was driven by news involving Iran, which led large short positions to take action along with the spike in OI. This will end up being yet another disaster for sellers in the perpetual market.
The same play is repeating once again, and the sellers keep falling for it.
$86K loading...
Ualifi Araújo
·
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Bullish
Absolutely extraordinary the move of #BTC to $80K.
While most are still pointing down, the price keeps climbing to $86K, which is my next level of interest.
The rise has mostly been led by spot buyers, but we're now seeing the perp buyers doing a solid job. Additionally, the liquidation of large short positions and the exit of many bears around the $80K range have facilitated the continuation of the move to $81.6K.
We've seen two big rounds of short position liquidations, which has led many analysts to talk about euphoria, but there are no signs of that. They're wrong, and that's a good thing. After all, we know that when everyone points in the same direction, it's usually the wrong one.
Even though there's still room to go higher, BTC will likely need to cool off a bit soon. Ideally, this should happen above $80K, a region I consider important for a new move towards $86K. We could keep climbing from here, but it doesn't seem likely that there will be enough strength to break that level without some consolidation first. That's why I prefer to see a consolidation before continuing.
Once we have solid consolidation above $80K, altcoins will start making interesting moves, as many have strong charts.
Soon, we will see the weekly structure confirming a bullish structural change. This should lead many sellers to exit their positions and, combined with other factors, will drive the price towards $98K, which is the level that matters.
It's also quite likely that highly leveraged positions, both long and short, will be liquidated from here, as many will enter late expecting $90K immediately, while others will bet heavily on a drop to $65K in the short term. Haste is always the enemy of TRADERS.
I remain extremely BULLISH and believe that the move to $86K is the most likely scenario. Still, it's important to remember that we will need to cool off (soon) a bit to gain strength.
Now I get why Bollinger Bands are so lagging... because even their creator is behind the curve.
Only after the #BTC dipped from $60K and hit $82K did the "Bollinger model" signal a BULLISH trend... and it points to a BULLISH move just when the price needs to PULL BACK lol... I don't know whether to feel sorry for John or for the folks trading with Bollinger Bands lol.
Sure, I know many love this stuff lol, but honestly... it's hilarious the situation with John. Alright, John... let’s do this right: SEND all the stuff! ✊🏻🚀💛
Ualifi Araújo
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--
Bullish
Absolutely extraordinary the move of #BTC to $80K.
While most are still pointing down, the price keeps climbing to $86K, which is my next level of interest.
The rise has mostly been led by spot buyers, but we're now seeing the perp buyers doing a solid job. Additionally, the liquidation of large short positions and the exit of many bears around the $80K range have facilitated the continuation of the move to $81.6K.
We've seen two big rounds of short position liquidations, which has led many analysts to talk about euphoria, but there are no signs of that. They're wrong, and that's a good thing. After all, we know that when everyone points in the same direction, it's usually the wrong one.
Even though there's still room to go higher, BTC will likely need to cool off a bit soon. Ideally, this should happen above $80K, a region I consider important for a new move towards $86K. We could keep climbing from here, but it doesn't seem likely that there will be enough strength to break that level without some consolidation first. That's why I prefer to see a consolidation before continuing.
Once we have solid consolidation above $80K, altcoins will start making interesting moves, as many have strong charts.
Soon, we will see the weekly structure confirming a bullish structural change. This should lead many sellers to exit their positions and, combined with other factors, will drive the price towards $98K, which is the level that matters.
It's also quite likely that highly leveraged positions, both long and short, will be liquidated from here, as many will enter late expecting $90K immediately, while others will bet heavily on a drop to $65K in the short term. Haste is always the enemy of TRADERS.
I remain extremely BULLISH and believe that the move to $86K is the most likely scenario. Still, it's important to remember that we will need to cool off (soon) a bit to gain strength.
The #BTC is pulling back slightly, it hasn't hit the $78K/$80K level yet... that's where we should find support and it should be enough to target $86K.
Don't be fooled, they're just liquidating the late LONGs...
The strategy remains the same: "Keep the price below resistance while sellers position themselves aggressively at the worst point on the chart, then promote a quick recovery, trapping them at a new support and driving the price to higher levels."
Ualifi Araújo
·
--
Bullish
Absolutely extraordinary the move of #BTC to $80K.
While most are still pointing down, the price keeps climbing to $86K, which is my next level of interest.
The rise has mostly been led by spot buyers, but we're now seeing the perp buyers doing a solid job. Additionally, the liquidation of large short positions and the exit of many bears around the $80K range have facilitated the continuation of the move to $81.6K.
We've seen two big rounds of short position liquidations, which has led many analysts to talk about euphoria, but there are no signs of that. They're wrong, and that's a good thing. After all, we know that when everyone points in the same direction, it's usually the wrong one.
Even though there's still room to go higher, BTC will likely need to cool off a bit soon. Ideally, this should happen above $80K, a region I consider important for a new move towards $86K. We could keep climbing from here, but it doesn't seem likely that there will be enough strength to break that level without some consolidation first. That's why I prefer to see a consolidation before continuing.
Once we have solid consolidation above $80K, altcoins will start making interesting moves, as many have strong charts.
Soon, we will see the weekly structure confirming a bullish structural change. This should lead many sellers to exit their positions and, combined with other factors, will drive the price towards $98K, which is the level that matters.
It's also quite likely that highly leveraged positions, both long and short, will be liquidated from here, as many will enter late expecting $90K immediately, while others will bet heavily on a drop to $65K in the short term. Haste is always the enemy of TRADERS.
I remain extremely BULLISH and believe that the move to $86K is the most likely scenario. Still, it's important to remember that we will need to cool off (soon) a bit to gain strength.