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Me @kimlit My website https://kimoncrypto.com Twitter https://twitter.com/Crypto_Kimmy Trade on Bybit: https://partner.bybit.com/b/kimoncrypto
👩⚕ #REVIEW CRYPTO MARKET
I will close my longs after the bounce back up to $57k - $58k. If somehow #BTC pumps back above $60k, longs will be in play.
It looks like we won't get above previous supports until Q4 tbh. Time to accept the market weakness.
Locally though we should bounce for sure. Thus I don't close any longs right here, I am waiting for the local pump to come!
📉 The current dump is happening mostly because of the German Government selling their Bitcoins by market sales. You can track it here. They already sold 1/5 of the initial position size of 50k BTC (!).
Want to remind you that back in January, German authorities seized these 50k Bitcoins from a former operator of the now-defunct piracy website Movie2k.
Now they are selling. Weak hands...
👩💻 #REVIEW BITCOIN
#BTC is back to range lows. This time it actually feels like no one cares, probably most of traders are already out of positions by now.
I am still a bull and expect a move up to $70ks. I know that I've been saying that for weeks, but let's be honest: #BTC never dumped lower than I expected! Ranging is killing the volatility, but bulls are fine and will arise some day!
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#ENS hit second target! 54% profit with 3x lev booked!
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💁♀ If you haven't watched US debates, here's the summary: #BODEN is down 50% and #TREMP is down 30% 🤦♀
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#ETHFI is my final pick from Ethereum ecosystem. The price is at absolute bottom, feels like a solid buy here!
I buy here and set some buy orders in the blue zone!
#ETH ETF is just around the corner, it's time to buy some ETH-related tokens! I start with #ENS, the price is in huge bullish pennant! Looks good for both: instant breakout and little more consolidation.
I open a long in the blue zone, my targets are on the chart!
🚰 #WATER is trading 150% above the presale price! All participants are already in solid profit! Right now #WATER is listed on Bitget and DEXes.
MEXC listing is on the way! In less than 2 hours #WATER will be trading there! Remember that this team has previously launched #BEER, so they have contacts of Bybit and Kucoin too 👀
Talking about technical analysis, the price is breaking local descending resistance. Remember how #BEER went just like this and then made 30-40x profit? Use your experience 🧠
👩🚀 Believe it or not, but that really WAS the final shakeout! Look how alts recovered with dominance and market cap pumping! I think that the future is bright!
Quick summary of my alts longs:
#ETH +3%
#SOL +6%
#PEPE +22%
#WIF -5%
#BNB +1%
#BNB filled second buy order! Average entry is $575, targets are on the chart!
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🗓 By the way, these are dates of past Mt. Gox FUD news shaking the market.
As you might notice, every time #BTC pumped hard in a matter of days 👀
Mt. Gox will start distribution of stolen funds in #BTC and #BCH in July!
Source: https://x.com/News_Of_Alpha/status/1805164162500190253?s=19
💁♀️ One of the main drivers for future pump is stablecoins market cap growth. The more stables we have, the more crypto can be bought!
As you can see, stables market cap is flat since this April. Nuff said, only thing we can do is wait for the printer to print!
Meanwhile Fear&Greed index is back to neutral territory! Nothing significant so far, but this clearly indicates the mood of the crowd.
Btw I don't think we'll get to "fear" during current bull market.
You won't scare me, bears! I keep opening more solid mid-term longs, today I add #WLD! The price is at absolute lows, no point to ignore this.
I buy in the blue zone, my targets are long-term!
#ETH spot ETF is likely to be launched in two weeks! With this kind of fundamentals, #ETH should outperform #BTC in Q3 and Q4 2024.
Unlike Bitcoin and many alts, Ethereum never reached 2021 highs so far! Thus it has great potential for the next few quarters 💸
#TON is probably the most popular altcoin (excluding memes) this summer! Current market gives golden tickets only to few alts, I guess #TON is one of them!
I start to build a long position in the blue zone using low leverage 🐌
Finally after weeks of weakness and low #BTC prices we see miners capitulation! This is a great sign for the market, as retail miners capitulate just before the pump!
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My #BTC long survived the weekend! I am still holding, feeling nice with negative funding on Bybit 😇
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#SOL flies above first target after VanEck filed a Solana ETF trust!
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Another altcoin from #ETH ecosystem is #LDO. The price has broken the descending resistance, the pump is inevitable!
Blue zone is for buying, my targets are on the chart!
Alright so the market bounced hard, memes are back on fire and Fear&Greed index is still at yearly lows?
Send us higher.
#PEPE hit second target! 27% profit booked, more to come!
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🤔 Remember Mocaverse? The team was working hard and ready to share great news!
First of all, they have made a collaboration with Pacmoon — expanding ecosystem. Secondly, Mocaverse partnered with OneFootball that has $300M capitalization and 300k+ fan base.
Yesterday Pacmoon announced an "ambassador competition" where you can create content about Pacmoon X Moca, this competition lasts 72 hours only. By participating in it you can earn some #MOCA tokens.
TGE of #MOCA is scheduled on the next month, after #ZK and #ZRO listings there will be #BLAST listing, and then #MOCA. One of the legends.
#BTC long still alive! Alts have shown a great reaction to yesterday's dump, this might be the major sign for a turnover!
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🌊 Am I underwater? I sure am. Am I scared? I am not.
Mt. Gox future repayments have been gaslighting #BTC for years! Now FINALLY this sword of Damocles is gone. In terms of news, #BTC should form an absolute fucking bottom in the next few days - that's why I am not selling.
👩🚀 #REVIEW BITCOIN FRACTAL
I know that current market dump seems endless. However, I think we will form the local bottom pretty soon!
✍️ I have already started to buy #BTC and already bought some alts. Now let me present a fractal from late December 2023 that I anticipate to happen again!
There are multiple stages:
- firstly the range is formed
- then #BTC is unable to break the range highs and dives back
- bulls pull their bids higher, anticipating the bounce
- #BTC pumps and breaks out of the range
A friend of mine said a phrase that really got me, he said "it feels like alts are exhausted of dumping". I also believe we are a week or two away from major reversal!
🚰 #WATER presale has just started! Go to their website to join and buy some #WATER!
One of the real opportunities to make money these days. #BEER went crazy and now #WATER will repeat this path!
More info: Website | X | Telegram
#BTC looks like shit so far, not gonna lie 🙃
Still, my buy orders are getting filled! There is some more room to dump, so I simply buy until targets or invalidation 😤