Fam, you're playing it cool with #FOLKS . Consolidation phase means patience is key. Your plan to wait for a retracement to $27 and then look for confirmation to go short sounds solid.
- Wait for $FOLKS to hit $27 (if that's your chart level),
get confirmation (candlestick patterns, volume dip, etc.), then short targeting $18.
- Compare FOLKS with $PIPPIN /$FHE for similarities?
$GUN is starting to show early signs of exhaustion after a strong upside push. The momentum is clearly slowing near the local top, buying pressure is fading, and sellers are gradually stepping in.
About $FHE • Yes, it’s tradable — but it’s clearly one of those “allowed but dangerous” charts 😬 • Price action = messy / manipulated • Structure = weak • Movement = hype-driven, very similar to what we already saw on $BEAT and $PIPPIN
Your plan makes sense • ✅ Minimal size → correct • ✅ SL just above last candle high → logical invalidation • ✅ Multiple rejections from same zone → valid short-term edge $BEAT Double Top 👀 $FOLKS 20$ Support 👀
This month's got two interesting knockoffs: Alarm Cat ($PIEVERSE) and $UAI. Both have solid fundamentals, and meme coins often fly under the radar before big moves.
$UAI - Accumulated without big surge → potential spot buy for targets 0.5-0.8.
$PIEVERSE (Alarm Cat)
- Fundamentals: AI+DeFi partnerships, listed on exchanges.
- Caution: >80% tokens locked; watch for unlock sell pressure.
- Consider entry if it dips slightly, target 1+. Monitor volume and market sentiment.
👉 $0G The price has reached a potential turning point. Over 70% of the decline from the previous high is already done, and the support below looks solid. A direct long entry around 0.91 can be considered.
👉 $ASTER This one from the same period also deserves attention. Both of these similar coins pumped one after another and then dropped below 1. The first upside target to watch is 1.1. $BEAT
Japan's Bank of Japan (BOJ) is expected to raise interest rates by 0.25% on December 19, potentially impacting global liquidity and risk assets like Bitcoin. Here's the breakdown:
- Why it matters: Japan is a major holder of U.S. government debt. A rate hike could pull money back to Japan, reducing global liquidity. Riskier assets like Bitcoin often suffer first when liquidity tightens. - Historical impact on $BTC Bitcoin: - March 2024: BTC dropped ~23% - July 2024: BTC dropped ~26% - January 2025: BTC dropped ~31%
This doesn't guarantee the same outcome, but past trends suggest Bitcoin could face pressure, potentially dropping toward $70,000 if sellers take control.
- Monitor: - Yen exchange rates - Japanese government bond yields vs. U.S. Treasuries - Bitcoin exchange reserves for selling pressure
-Danish-Crypto' Call: You mentioned they warned about a dump from the $90K zone, and it played out. Timing and analysis are crucial.
$F is showing signs of reversal after hitting bottom and rising for two days. Daily and 4-hour charts indicate an upward trend, suggesting the downward trend might be reversing.
$USTC has reached the support level at 0.0080 again. Given the current situation, continuing to go long could be an option if you believe in its potential upside.
Resistance Level- 0.0090, 0.0095 $BEAT $LIGHT
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