market update

quick one.

in the last update spoke of

82K being the high and it being the local top thus far its on track. system signaled SELL too.

dino pumps in a stagnant major market are typically climax exhaustion moves. they signal the end of the rotation, not the beginning.

in terms of where we are headed next

the majors are looking extremely tired. the big picture bias is that crypto is headed lower.

invalidation: a weekly close above 84k driven by a major catalyst.

until then, protect capital.

crypto has tanked in last 2 days. overall trend is severely bearish now.

we likely see some mean reversion on ltf but those still sell on rally mode overall rather than buy the dip (unless ones scalping).

would like to see weekly close >80K to consider changing stance.

HYPE continues to hover around ATH. still havnet gotten a sell from the system.

HYPE continues to be one of the only alts where you can hold the position with conviction as i have been repeatedly writing about for a while. Here Here here

heres how the system played the majors.

got the sell at high 70s for btc, eth above 2k and 90s for sol.

see you in the next one.