XO

“$BTC This has all but played out, with price gravitating towards previous week’s low and stopping a few hundred dollars short. Two levels stand out from here... previous week’s low 76.1, and previous week’s VAL around 77.4–77.5k. Those are the two levels where participants are currently advertising, and I suspect those levels help define the range through London heading into CPI / NFP and the NY session. If we trade back into the confluence of previous day’s low and previous week’s low, that’s where I’d be interested in a rotational long... particularly if we see aggressive selling absorbed and an inability to auction lower - more so if its liquidation driven - so at this point wont know if the level sticks or not. Equally, acceptance back inside previous week’s value would have me looking for rotation higher towards current week’s VWAP, around the 78.4s. On sunday I was heavily leaning towards a correction and positioned on the short side of several alts heading into the weekly open - which has played out nicely - see previous tweet chain. That said, it’s the weekend... I’m in no hurry to put on trades until next week unless something particularly compelling sets up.”

“Not surprised to see many alts to partially pullback tbh - as is generally the case when heading into uncertainty around CPI or FOMC... Key for me now in terms of context is that Bitcoin is trading below - Previous weeks vwap - Developing weekly vwap - Developing monthly vwap Session wise - failure to find acceptance back above the latter two then my expectation is that we should in theory trade down into previous weeks low... which is what I positioned for on Sunday night along with some alts. Otherwise not much else that I'm interested in at present - mainly talking to myself on here if anything... But pleased with the perfomance so far since coming back to trading in sept - still early days and anticipating a decent month in terms of macro driven volatility.”

“@ExitLiqCapital Eventually... 0.75 - might take a while but will be worth it imo https://t.co/NayB78NEZ6”

“@theunipcs 🐐”

“So another tap on the 50week MA... and rejected again... 1. Consolidation with a higher low or compression under the band gives the likelyhood of expansion... 2. Should price drift way and trade through the 12/21s then were probably in for a longer period of building a base.”

“So for what it’s worth - iirc It’s more about how one can use near intents or ZCash zsa’s should the latter eventually be rolled out to mainnet Would it be something I’d use - probably, yes Do I need to hold the relevant crypto - no Most coins are just speculative - still believe it’s over hyped trash that’s good for trading. Bitcoin is king.”