nna777:
The liquidation heat map shows that there’s only about $1.5B to be liquidated to the 52k level while about $11.8B at the 71k level.

Will there be a gradual reversal before a short squeeze to that level that will determine if we move to phase 4?

We will have to wait to see the monthly candle close for May.

iLegendd:


Exchanges will make more money liquidating people at 71k. Since every sentiment is "we're going down, we're going down," those exchanges and whales will do everything in their power to hit 71k just to confuse the bears before a huge dump.

That is what I feel, but in this game, our feelings don't count. The market will do whatever is on its mind.]

iLegendd:


Exchanges will make more money liquidating people at 71k. Since every sentiment is "we're going down, we're going down," those exchanges and whales will do everything in their power to hit 71k just to confuse the bears before a huge dump.

That is what I feel, but in this game, our feelings don't count. The market will do whatever is on its mind.]

Looks like the move has started. As usual it’s going to be a rough one. Unpredictable pumps, dumps before the short squeeze.

iLegendd:


Exchanges will make more money liquidating people at 71k. Since every sentiment is "we're going down, we're going down," those exchanges and whales will do everything in their power to hit 71k just to confuse the bears before a huge dump.

That is what I feel, but in this game, our feelings don't count. The market will do whatever is on its mind[\quote]

Looks like the move has started. As usual it’s going to be a rough one. Unpredictable pumps, dumps before the short squeeze.

nna777:


Sol will definitely reach its ATH and enter price discovery mode but it’s for the patient. It’s up to you to decide. I bought my last SOL @28 and not selling until Nov 2024.

Another coin you can bag now is Near. It’s definitely going to reach its ATH too next year. Bought @97 cents. Up *2 already.

onatisi:

Mine isn't opening yet

santos123:
still in play?

nna777:


Btc has reached its resistance @ 52k8. Funds are recycling into Alts. Be patient.

nna777:


Something doesn’t look right with this pump. Alts aren’t syncing with this pump. I have closed my positions. Waiting to short BTC @ 50k or 52k blowoff top.

It’s definitely certain we aren’t going to ATH before halving. Be careful out there.

nna777:

Omo looks like the train has moved a little early. Entered Ordi, Sats and Sand this evening. Fingers crossed.

If in doubt, check the 3day & 1 week BTC chart. We’re clearly on an uptrend. Chaii I haven’t checked my charts for a while now. Should have entered last week.

nna777:
Naira isn’t dropping anytime soon. Until Jan/Feb when demand will cool off. We’re headed unfortunately to #1500 by Dec. this isn’t a buy signal. DYOR!!!

nna777:
If you can stay out of the market till month end. This is the time the market liquidates anyone trading futures especially high leverages.

Same with spot. This isn’t the time to buy yet. We’re waiting for the cross to the mid and low 30s

santos123:
do you think it will go below 40?

nna777:
Opened a btc short @47k. My reasons - CPI came in higher and Investors will want to get into btc @ cheaper bargain

NFA!!!
DYOR!!!

OgogoroFreak:
How is that short going?

Don't play with my btc else you gon learn the hard way.

nna777:


Crazy market
Closed all my shorts
Looks like we’re heading up.
Crazy market!!!

nna777:


Once 44k8 resistance breaks which it will soon, next is 44k3.

nna777:


Boy o boy!!!
We’re headed to 40k levels.
Those are some red long candles forming . The pump 2 days ago was exit liquidity.

iLegendd:
Number 2
Number 3

nna777:
Bearish divergence forming on the hourly, daily and weekly charts. PA indicates a High probability of a downtrend than an uptrend.

NFA!!!!
DYOR!!!

henrycryptmento:
I'm done with people. 1000$ to $5000 😂

nna777:


Most alts were in overbought levels hence the pullbacks and ranging going on presently to liquidate over leveraged longs and shorts on both sides.

Market is likely going to be like this going into the new year . With the ETF approval scheduled for 10th of January, I expect market sentiment to shift positive which will drive btc to the 48k -50k levels.

Will there be a major correction after the news?
Most likely but we watch and see. If you aren’t in the market already, I suggest you hold on till month end to get a clearer picture.

Ekehwinz:
Nna77 what's the update in this market condition?

henrycryptmento:
JUST IN: According to #Solana's financial statement, It is currently experiencing a monthly loss of over $100 million to keep nodes running and gas fees under control.

📉 Highest loss in December :

Expenses : $136 Million

Net Earnings : -$134 Million

Token Inflation alert 🚨

This should be a thing of concern and you should monitor your positions closely✍️