I know 2 people personally (we communicated online in the past) who did it in the recent few hours.

Scary things. I hope you guys are doing ok and have sources that can provide you with needed support.

Time heals everything 🙏

🐝🏁 BTC PROFITS & THOUGHTS

I truly hope you entered the SHORT setup I shared yesterday, peak profit +220% and currently +140% profit with x20 lev.

I took profits of my position in the $111,000 - $113,000 area by limit order I set for the night time. Helped me in surviving this dump.

Talking about the future, there are 3 cases:
- we just entered a bear market
- we just entered a bull market
- we just entered a chop market

In other words, nothing is clear now. The worst thing you can do now is be a bull maximalist or bear maximalist. Don't rush into trades, they won't run away.

hm...

By the way, I wanted to share it with you a long time ago but forgot

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🐝 BTC UPDATE

Here is the trade plan for you all. Not just a simple arrow in one direction, this one needs to be followed, difficulty 7/10.

1. We should either go straight upwards from here or the price will dump to $104,000. The $109,250 support is not an exact support now, it should not be touched anymore if bulls want to come up now.

2. The $104,000 support is key for now. If the price goes there, we should see strong volumes coming in. No breakdown, no retest from bottom to top. Consolidation above is only option for bulls.

🧐 How to trade? The safest option is LONG after the $115,500 resistance breakout. Great option to LONG is buy when you see strong reaction on the $104,000 support.

Buying at the $109,250 support is kinda risky.

As long as the price stays above the $104,000 support I won't consider opening SHORT position.

🐝 BTC BRIEF UPDATE

I like how the market looks here, I give 70% chances that we will go straight upwards from there.

Going LONG from current points seems logical. Invalidation of this setup — breakdown of the $109,250 support level.

As I said yesterday, the safest option is to LONG on the $115,500 breakout, but going with market buy is also ok now.

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🐝 BTC UPDATE
The previous setup got closed at the stop loss when the price broke through the $109,000 support.

As the result, the initial plan of going LONG from the $104,000 support worked out. I decided to took a small pause and see how the market will develop.

At the moment the plan is simple — I will buy Bitcoin ONLY in case the price breaks through the $113,000 resistance. Not before.

The target is $118,000 - $120,000 and invalidation of the setup is closure below the $111,400. RR is good there.

Overall vector is positive.

🐝 BTC BRIEF UPDATE

Still waiting for Bitcoin to break through the $113,000 resistance. No buying before it happens.

Bitcoin should either pump from here or the momentum is lost and the price will go back to $104,000 area.

🦋 ETH UPDATE

Ethereum is approaching a strong support of $3800.

Buying there is a good deal, since there is an easy spot where to place a stop loss (below the support level).

Target is $4300!

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📍 BTC DOMINANCE UPDATE

The market is still very weak after the recent crash that triggered tons of liquidations and took a lot of money from the market.

Most of Altcoins, except $ZEC and a few others, are moving chaotically. The next move from Bitcoin will determine the future of Altcoins.

If Bitcoin Dominance breaks the 57.5% support down, we can see a major Altcoin season that was promised to us.

I strongly believe we will see a final run from Altcoins in the end of this year.

Binance Futures, BingX Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#SUI/USDT All take-profit targets achieved 😎
Profit: 63.7462% 📈
Period: 3 Hours 23 Minutes ⏰

Binance Futures, BingX Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#NEAR/USDT All take-profit targets achieved 😎
Profit: 64.262% 📈
Period: 6 Hours 12 Minutes ⏰

Binance Futures, BingX Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#HYPE/USDT All take-profit targets achieved 😎
Profit: 63.253% 📈
Period: 6 Hours 56 Minutes ⏰

👆 Tons of profit generated today in Premium Channel. You know where to write if you want to join - @kankordio