CryptoBully

Is it just me or is X down 3-4 times a day recently?

$SOL
Stronger looking chart compared to $ETH. Up almost 30% from the lows, which makes waiting for the sweep of the lows at $67 little unlikely, unless the $70-75k support is lost which largely depends on how BTC performs at these levels
Alternatively, if we can get above $90, should lead to some relief

I unironically don’t value most opinions even if it comes from greats like Ray Dalio
In trading, the more you value someone else’s opinion over yours or the more idolise supposed “geniuses” who know all, the worse you get
Fuck around and find out, that’s it.

This is the first $BTC bounce since basically October where a bunch of aggressive sellers have been absorbed by the market
Price continues to drift higher
Timeline completely silent
Even though my bias is that we ultimately range in a larger $60-80k value, the 70k reclaim is massive as long as the landing sticks by CME open / US Open
Personally took an L on a scalp short yesterday. Looking to position long if we can sustain at these levels for longer, if we deviate the 70k level and there's no bid-biased order book then that's an easy short down as well
Basically, just waiting for the weekend

Here's why I hate CT:
Post a regime-specific altcoin trading framework with real examples and actionable advice → ZERO engagement
Post a sexy HD Sisyphus graphic with a generic trading psychology quote from 1985 → 500 likes, 100k views
sigh.

$SOL
Previously we tried longing the knife catch in 70s towards $100s but we never got the heavy push up and now price is trading sub $90 with no signs of strength.
So don't want to mess around and find out, if you're looking to punt at these prices you still have some time to do so.
Unless there is some obvious trend change (price reclaiming green box/$100), no need to knife catch as trend is still of lower.
Losing the recent low means we trade towards low 60s

Is $10 million enough to retire?

It makes my eyes bleed to see accounts copy paste the same Daily/Weekly RSI oversold argument to call for bottoms
Brother it being the most oversold in history means it has never had this much momentum in a downtrend in history
Markets can remain bearish in oversold conditions longer than your margin accounts can remain solvent

Every time price moves down a lot the RSI lovers come out and say “most oversold in 51 years”It’s a MOMENTUM indicator. Please stop trying to use it for reversals. That’s how Garret bullish just lost 9 figs

The problem with CT and crypto traders is that most people don’t verify info and AI has just enhanced that sheep mentality100s if not 1000s of takes flooding the market about “Saylor will be forced to sell”He might.But you might want to look at the date of financing for the convertible notes firstIf BTC is trading at current prices by 2028, we have bigger problems than “Saylor might not get more debt”

The hard road goes from 120k to 50kThe easy road goes from 50k to 250k

$DOGENo good development for this dino meme since 10/10 as price has been bleeding ever since. As we saw this with Hype, I\'m expecting some relief once we sweep the 10/10 lows, looking for a move towards $0.15. Outcome of this trade still depends on the market overall