BATMAN ⚡

When we're at this part of the market cycle there will be people laughing at you for investing. Next year you will get to laugh at them. #Bitcoin #Crypto #trading $BTC

What are your all-time favorite games (any console)? For me it's these: - Goldeneye 007 (N64) - Mario Kart (N64) - Unreal Tournament (1999 PC) - Championship Manager 01/02 (PC) - Pokemon Blue/Red/Yellow (Game Boy) Honorable mentions: - FIFA 99, Super Mario Bros 3, Worms

$BTC dominance is showing bearish divergence near 61.1%, with RSI failing to confirm the new high. We know what this means for Altcoins 👀

Nearly $2B has flowed out of $BTC and $ETH ETFs in five sessions, with BlackRock's IBIT and ETHA leading the withdrawals. At the same time, Nvidia-related uncertainty is adding pressure to an already weak tech market, while Fed rate-hike fears are keeping investors cautious. Sentiment is deeply fearful, but these conditions can also create opportunities ahead of the next major recovery.

Found a simple way to size up DeFi projects. Market cap vs fees. It shows how much you're paying for every dollar a project earns. The closer to the 1x line, the cheaper it looks. Obviously not a buying signal, but a useful starting point.

Liquidity is the thing that decides whether you get a good fill or a bad one, and on a pre-IPO market it matters even more. Thin books mean slippage and prices that jump around. I lined up the Anthropic pre-IPO perp across the venues offering it. Aster has the deepest book and the tightest spread of them all. Not a talking point, just the order book side by side. If you are trading the Anthropic pre-IPO, that is where the real liquidity is. $ASTER

$ENA is down more than 50% from its high. Price is now sitting on a support zone, an old resistance area that has flipped. The 50-day MA is also right there. Adding more support to the area. Looking for a reversal here.

Here’s a look at the latest $INJ ETF. INJC has been trading for about a week now. Net assets are currently sitting at around $15 million. It’s still early days for the fund. The next things to watch are how inflows and trading activity develop from here. Let’s see how it goes.

Crypto net outflows just hit -$19.8B, the deepest reading in the past year. Look at the last two major flushes: February: -$10B, followed by a recovery to +$7B within three months. June: -$15B, followed by a recovery to around -$2.5B. Now we're at -$19.8B. Each outflow wave has been deeper than the last, and previous extremes marked major market lows. The trend is still negative, but this level of capitulation is worth watching closely.

$ETH is approaching a key support zone. RSI is heading back to the same bottom area as the previous times. When price tests this support with RSI there, that's a high-probability zone for a reaction.

I told ChatGPT to design this room based off what it knows about me. Not too bad isn't it? What do you think @TylerDurden? Let's see yours in the comments!

$ASTER is quietly moving up the perp DEX rankings. It’s now the second largest by open interest at around $1.33 billion. $HYPE is still far out in front, but nobody else is quite close to Aster at the moment. Not many projects are growing like this in a market this rough.

Yesterday, the monthly CPI came in hotter than expected. Headline rose 0.4% on the month against the 0.3% the market expected, and core came in at 0.3% against 0.2%. I believe the market reaction is also muted, considering the yearly data wasn’t released due to the 2025 government shutdown. So it could’ve been much worse, considering the last PPI spiked to a 4-year high. The odds of a hike at the December meeting have now jumped to around 87%. In fact, the debate is no longer hike or hold, but hike once or more, as there’s a 12% chance of a 50 bps hike. Not looking good for $BTC, as higher rates tend to suck out liquidity and pressure risky assets.

GM, who's still here?

I see some call for a $BTC price of $25,000. They must be delusional 😂

Really cool to see a privacy coin end up on the front page of the Wall Street Journal. That is where Zcash is today. Whatever you think of it, putting privacy in front of Wall Street like this is a real statement. Well deserved. Huge moment for privacy in crypto.

$BTC is testing its weekly trendline on price and RSI at the same time, just like in 2023.

This was not what we needed right now.

BlackRock moved around 2,850 $BTC worth $211M from its IBIT wallets to Coinbase Prime within an hour. This comes as Bitcoin ETFs have seen roughly $1.9B in outflows since October 30.

$57,586,426. That’s how much has been spent buying back $INJ. Everyone talks about which projects are good and which teams are competent, but those are just words. Commitment like this, putting their money where their mouth is, is the real deal. Injective is a rare one.

$BTC is down 15% from its recent high of $87K. Funnily enough, everyone’s already bearish again. Think again. We saw much deeper pullbacks early in the last bull run. Up to a 23% drawdown. But afterward? It rallied to new highs.