buy the dip szn!
No change in the big picture views
Lets do both crypto and tradfi trend model positions first
There are no new entries. 5 exits.
No change in view then what was mentioned above in the update when BTC was at 73K
there are multiple ways to play this. if one is fully allocated in their core picks then doing nothing makes sense.
if one is looking to add then
buying some at support levels or buying the LTF breakout would make sense.
Here's how the indicator has performed on LTF 30 min.
Those trading LTF on 30min would have gotten last BTC and ETH sell around 72k & 4K respectively which has played out pretty well
Among the alts PRIME and FTM have done really well and continue to look good
coming to macro the only fly in the ointment is the USD.
Markets got spooked with the BOJ announcement today and are nervous going into FOMC.
We will be closely monitoring this one.
you know whats more bullish than a breakout? a false breakdown.
ideally, we want to see DXY fake out and flip back into the red.
Crypto stocks
no change from what was mentioned previously.
CLSK MARA GLXY COIN KR1 are the cycle picks and are looking good.
for short-term trading, you can use the web3quant indicator on those.
Memes
No change in view than what was mentioned in the previous updates around liquidity and mainstream attention
among the meme picks
WIF POPCAT BODEN
continues to get attention and their trading volume is consistently high.
this is what Zerohedge (which has 1.8 million followers just on Twitter) covered today
When the next leg in the uptrend kicks in these are likely to do well.
Dont miss the forest for the trees
See you in the next update.
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