Web3Quant

As mentioned in the previous updates below Trends on majors are looking exhausted. Need either a price or time correction to gain momentum. While the long term is still bullish, there are signs of correction appearing in the short term. Model has made a lot of exits this week. It

Crypto continues to chop. Volatility has been at historic lows. These periods are usually followed by sharp movements. 2023 crypto price action has been quiet challenging for traders. as the price has mostly chopped for around 3-5 weeks followed by 10 days of strong rally. BTC has been chopping for

Crypto continues to chop. Everything mentioned in last week's update is still applicable. $BTC closing above 31K would be the first sign of the resumption of the up move. Bulk of the action continues to be on-chain degen Alt plays. In coming weeks will publish a thesis on

Models call on commodities are playing out well. As mentioned in the last weeks update Models now bullish on Crude oil too. Both Oil and XLE (energy ETF) have had a good week and looking strong. Many of the Models longs (both old and new) continue to trend upwards. One

Crypto is in the midst of an exhausting range. Everything mentioned in last week's update is still applicable. A very interesting story where most of the crypto is focused currently is Rollbit. Wrote a thread on it. You can read it here The best thing would be to

Models commodity call is playing out well. Natural Gas was up 10% for the week. Models now bullish on Crude oil too. As mentioned in last week's update on USD. There was a massive breakdown in the King dollar last week. There could be minor LTF pullbacks We

As mentioned in the last weeks update $BTC closing above 31K would be the first sign of the resumption of the up move. We got a massive XRP good news. This is some its sense bigger than the BTC ETF catalyst as it removes major regulatory overhang (or at-least a

Models call on DXY (USD) is playing out really well. There was a massive breakdown in the King dollar last week. There could be minor LTF pullbacks but the trend seems firmly broken for now and Dollars looking bearish. Major areas of interest lie in the low 90s. This should

It's been a chop fest and range-bound movement thus far. Nothing exciting in terms of price action. The good news is there's no break of structure. Model continues to be long. DXY is looking bearish. Once it breaches 100, the downside momentum is likely to accelerate.