Crypto Master Sourav™

While the market does not inspire confidence in me, I will share spot positions with you.

Don't forget to share your reactions with me🐋

As for signals, I'm still watching the market.
It is hard to find something worthwhile now, it is risky to open short positions at the local bottom.
It is also risky to open long positions while waiting for new news.

And so we continue to work. I will soon write a big post about yesterday's events and market dump

GM🐋

Any questions?

Wait for goal

GMT looks strong against the backdrop of falling bitcoin.

🪙Crypto Market Overview

😀BTC has broken above the channel's peak. Historically, after spending a few days in this zone, BTC tends to fall. ETH has not surpassed its August 24th high, and the $2800 zone is rich in liquidity, making it unlikely that it will go uncollected.

Ethereum PoW (ETHW) saw a significant pump. It might reach $3.5, but betting on anything higher seems risky. The meme coin NEIRO, which has been aggressively pumped in the past two weeks, is nearing a new all-time high. Caution is advised with leverage, as the market appears to be heavily controlled by a few market makers who could sell at any moment.

The overall market has been active, but SUN, the token of the main DEX in the Tron network, is notably declining. SUNSwap’s platform for launching meme coins is losing popularity, and the SUN token is visibly deflating.

😀TradFi
The week was light on reports, and the PCE inflation data was unsurprising. Bloomberg published an article about the possibility of the Fed cutting rates by 0.5% at the next meeting, which seems to have been accepted by investors based on futures trading. However, the GDP growth forecast has been raised, and recent secondary reports were strong, making it premature to bank on a 0.5% cut.

China is stimulating its economy, leading to over a 15% rise in Chinese stocks, positively influencing global markets. More economic stimulus measures are expected from China next week.

😀News
Binance founder CZ is expected to be released early today after serving 119 days in prison.

CNN featured an article about the meme coin MOODENG on Solana. Moo Deng, a cute dwarf hippo from a Thai zoo that went viral, is the inspiration behind the coin. It appears that the creator invested enough to secure a feature on CNN, showcasing successful marketing.

😀Base Scenario
BTC is unlikely to fall below $65K before Monday. Looking 1-2 weeks ahead, the breakout might be false, and I expect another wave of decline.

Tomorrow, we may see more altcoin pumps. It's worth looking for coins that haven't yet jumped.

😀What’s Long Today
NEIRO and ONT are likely candidates for a pump in the next 1-2 days.

I just don't see your reactions🙂

Guys, are you all awake? I'm sending you a market analysis?

Good morning guys. Wrote a detailed review on bitcoin and the market yesterday, I'll post it for you today. Wake up❤️

I continue to be in GMT position.

If you have GMT at or near the entry zone, it is better to close the position. I expect bitcoin to decline slightly in the coming days.

Good morning, everyone.

Our trades are still in an uncertain position. Later I will give you an update on these trades and analyze the market.

Don't forget the reactions🐋

🐋

Who opened a trade on my mention can now take 3% net profit. Now all the attention is on bitcoin and I do not dare to trade altcoins.

On this trade, we are approaching the lower boundary of 0.1538. If you haven't opened a trade, it's time to do so now or use a limit order to take the best price.