Leverage

*DOJ SAYS MILLIONS IN IRANIAN OIL PROCEEDS LAUNDERED ON BINANCE

Welp.. good think we TP’d a bit. Looks like full retrace again

Moved SL to b/e, risk free trade now

I TP’d a little

Up 3% if you sized good can take some off here hopefully its not a fakeout again like last time 🙏

Looks like it might be some insider bid going on, random af. Good for our eth long

Up +1% so far, looks primed gonna hold for now, PA is very choppy though but let’s see if we can get the breakout pre FOMC which I’d rather not hold through that.

Taking another shot at the ETH LONG here

ENTRY: $2510
SL: $2,460
(daily low, 2% lower)

I didn’t wanna trade before FOMC but this is actual good news, for ETH too

https://x.com/SenLummis/status/2099321736911057112?s=20

clarity act odds spiked on this and the trump stuff

TRUMP AGREES TO NEW BIPARTISAN ETHICS PROVISION IN MASSIVE CRYPTO BILL, GOP AIDE SAYS: AP

*TRUMP AGREED TO CRYPTO ETHICS PROVISIONS IN A SWEEPING BILL HEADED FOR A VOTE

*THE UPDATED BILL REQUIRES DIVESTING OR PLACING CRYPTO INTERESTS INTO A BLIND TRUST

(came out 30 min ago)

Weekly Market Recap 9/13 📊

Happy I didn’t trade this weekend, very choppy and meh conditions and also glad we didn’t FOMO long the ETH breakout that I was waiting for, it baited a lot of people and way below now.

FOMC is this coming week which I mentioned few days ago, gonna have a big impact imo depending on the rates and presser afterwards.

HTF charts look pretty good tbh but anything LTF looks a pretty shitty (attached BTC HTF vs. LTF charts) which hopefully a good FOMC can fix that. Most likely won’t take any trades till at least FOMC on Wednesday.

okay glad I didn’t fomo either of these, hopefully no one got fucked on the moves today

hard market still, very macro driven

will keep an eye out on stuff but otherwise have a good weekend boys

This could be the range breakout, crazy strength on eth. Happy I de risked before yesterday but now I am sidelines 😭 didn’t expect it to blow through like this

Both numbers in line, good reaction afterwards. Let’s see how NYO goes.

Still no trigger for me on either side to trade but ETH’s relative strength is good to note. Till then I will wait for range highs or lows on BTC or ETH for a trade.

Classic

U.S. CPI: +3.4% YEAR-OVER-YEAR (EST. +3.4%)
U.S. CORE CPI: +2.4% YEAR-OVER-YEAR (EST. +2.4%)

CPI in 15 minutes

Here are the expected numbers and hopefully we see them come in lower than expected especially going into fomc next week would ease the fears of a rate hike. If they are higher I expect btc & alts to fall more