262134
Amol

@0xamol #262134

Husband. Foodie. Ex Antennae Ventures. Dog lover! My fair launch meme experiment Roaring $KITTY on Base: 0x58ac858F531225968535697384A2E4e26Eb6c7c2
2606 Follower 284 Following
btc long
Cutting this here. I'm impatient right now and not seeing price pan out to upside is making me reconsider this trade.

It felt like a solid bump + run pattern but now im questioning myself. Might as well sit it out and stay in spot BTC.

Trade closed ~breakeven.

Not investment advice
BTC LONG:
BTC pushing through trendline, i'll give it a stab. still unsure about new bull market trending env. but i won't fight it for now until we get to 74-75k

Longed some at $67.7k
Stop: $66000
TP: $74000

Not investment advice
the hold of a psychologically significant level like 60k is a strong sign. it can also be argued that locally we are creating a inv h&s (barring august 5th / japan wick) - could be bullish. however, i am still cautious and see markets till election time a toss-up. i will NOT fade the market. i am still net long but i look to play level to level opps in both short and long sides on btc. in quality alts (and few memes) i stay long and don't change core long positioning: TAO, SOL etc.

i think one still should wait above 70k+ for giga bull-run move. until then, it's level to level. 60k support, 63-65k resistance. pass 63-65k then 70k resistance. if 60k breaks then we know 55k holds. level to level.

p.s i don't subscribe to trump bullish / kamala bearish. markets will be fine regardless, in crypto. ppl say the same dumb stuff about R's better for markets or economy or vice versa. it's all the same. they all want markets to do well, innovation to continue, print money etc.
sol been struggling to hold the yearly vwap esp. since August.

again, market heavier than ppl think imo. if we get pressure downward, i'd imagine $90-$100 area (yearly open) for sol.

not financial advice
Anon: Bookmark this.

WOJAK is the most well-known meme in crypto. You're telling me it trades @ 70M mcap today. Been sideways for ~1.5y

I'm giga buying and aiming for $1B+

Do NOT copy trade me. Not financial advice.
not even trying to fudge around or sound like an alarmist - NO i don't think we'll have a -70% nuke like BTC did for COVID - the biggest disaster style event to hit markets.

Can we have a crash though? Or a sustained downtrend till Nov election? yes.

Can we go to $40k (y/o)? Possible.

What could cause this kind of volatility?
- external event (war escalation)
- fear/risk of recession (real or not)
- black swan, big going under, P/E news scaring markets etc
- crypto isolated - eigen or something stupid or fud

or im totally wrong and dumb for mentioning this. i just wanted to point this out as a precaution as I feel sentiment feels uncertain, complacent in new bull starting etc.

fwiw - im mostly still spot long in many assets. from memes, tao, few majors. am thinking it'll be wise to put on this kind of hedge short on BTC at least though.

not financial advice. not trying to be an alarmist or anything. just posting because my intuition says so.
https://youtu.be/Lu5EKfnUOSw

Here's my thoughts on October/November outlook on BTC, Altcoin positioning. Which Alts to watch. Memecoin rotation etc.
Loading up the fattest bag of TAO Bittensor

Anything under $500 is a steal imo. Not financial advice
the compression in btc is unreal rn. 1-2 weeks pivotal points. if we can climb back above 63k we're going higher, much faster.

If by Sunday end new weekly (Oct 6) we break down toward 60k or lower - imo we are in for *much* lower prices till November - back to 50k or 40k (y/o + piCycle indicator).
MOONWELL FINANCE:
Taking my profit of +40% on this and walking away with this since Base chain is still a little slow to push off.

Entry: $0.0218
Exit: $0.0315
+40% PROFIT

not investment advice
Gonna buy like 1.5% worth of capital in Worldcoin between $1.4 - $1.6 range.

Not financial advice
BTC LONG:
Price collapsed back in wedge and I got stopped at break-even. Usually breakouts you want to see sustained price pushing upward. If that's not the case, either we're early, wrong, or it needs to consolidate more and will give us another opportunity.

Entry: $64900
Exit: $64900
In any case, I'm out.
0%

Not investment advice
BTC LONG:
New stop: $64900

Break-even stops placed. Lets ride risk-free. If it's supposed to squeeze, no way it should come back to entry. Aiming for $69k

Not investment advice
BTC LONG:
This looks so ripe for a massive pop. i can't even hate.

have to throw any neutral/bear bias on this and get long at least toward 69k.


Entry: $64900
Stop: $62500 (inside weekly open)
TP: $69k

not financial advice
https://youtu.be/a0GKVaMzjnM

In this video I speak of the following:
- global liquidity impact on BTC / Crypto
- BTC returns / positioning per last 2 bull cycles
- Quarterly/monthly returns - OCT = BULLISH
- Altcoin returns and strength vs. SOL
- Sectors of Alts to watch: gaming, DePin, DeFi, etc
- Memes, Base chain metrics, Roaring Kitty etc.
JFC - I absolutely missed this unlock for TIA on Oct 31 that is releasing SIXTEEN (16.4%) of TOTAL SUPPLY.

I do NOT like this, at all.
I AM CLOSING out this trade ASAP.

Entry: $5.4
Exit: 6.33
P&L: +20% PROFIT

I'm out. Not trying to fudge around w/ such massive unlocks. Will wait till AFTER!
JFC - I absolutely missed this unlock for TIA on Oct 31 that is releasing SIXTEEN (16.4%) of TOTAL SUPPLY.

I do NOT like this, at all.
I AM CLOSING out this trade ASAP.

Entry: $5.4
Exit: 6.33
P&L: +20% PROFIT

I'm out. Not trying to fudge around w/ such massive unlocks. Will wait till AFTER.
the goal for the q4 is to outperform sol. Sept started off hot for TAO, SUI, and TIA.

what else should i keep on my list. im long TIA.
Closing out short hedge and now leaving SPOT DEGEN LONG. Either we've bottomed here fully or we're doing some mean reversion before selling off further? Not sure. Don't want to be caught hedged while the upside momentum so strong on Degen.

This position has been the most hands-on for me in years, simply due to size and my 'wrong' I was on L3 narrative, timing, and difficulty of current crypto cycle.
TIA SPOT:
Going to buy this and forget about it till 2025. This one seems like it's gonna be a mover. This is a Data availability platform w/ a strong ecosystem building around it. Reminds me of early days of Solana - but it could also end up like Polkadot where it pushes up a few months then gets left behind by Solana, Luna, or Avax like 2021. So will keep an eye on it every few weeks.

Entry: $5.4
Stop: None
TP: TBD ($20+, NEW ATH)

Not investment advice. Don't copy me.
youtu.be/iDRE2yMz374

Crypto market update Sept 20, 2024
Here we are approx $62k - can squeeze to $64k. 3Q/o + PiCycle resistance levels.

If you're a bear, ideally these are the levels you want to see rejection on prices w/in few days. If you're bullish, best plays are simply keep level-to-level longs/shorts on BTC until it clears > $70k. Which is FULL bull. Until then we just chill and play in this range chop since March.

I still am cautious about calling the bottom. But am open to that fact. I am absolutely NOT shorting this momentum

Not investment advice
So I think market should possibly make a move to $62k-63k. After that we'll see if we reject there and get sent back down to $55k or lower. OR market smashes thru $63-65k area and by October we begin big uptrend till end of year.

personally i am suspect of the latter case at this point. The 50bp cut today is not necessarily what the market was waiting on to go up. given that we've anticipated this since early this year.

my opinion:
crypto markets have gone sideways or down for 6mo+ (March) - 3/4 months before equities peaking.

Nvda, MSFT, GOOG, TSLA, AMZN haven’t gone anywhere since July.

The way I see it, either market is rotating in which case there will still be some volatility and it will be difficult to pick the next winners till after the election. Or - market has likely priced in rate cuts and we are already in the midst of a downtrend till election time.

still think crypto is in derisking mode and we go back to low 50s or tag 42k (y/o)
still in midst of Scenario 2
this is basically what happened, except price stayed upper end of the range of the vol chop till EOQ.

still not convinced we're fully done yet with market cleansing. won't be adamant to bet against market.

todays Fed rate cut of 50 bps imo is not as bullish for markets as people think.