I'm not familiar with Solana but that shouldn't mater, it's price movement seem as everything else. It looks like it wants to fall off a cliff given the right conditions. To me it's price action seems easy enough to understand. I'm going to break it down long term and mark out key areas of price I will be trading around this year. I will post my breakdown over the weekend and study price for those pin entries. Things could get very ugly, either way I want in! I am Golb.
Happy Thursday, friends. Today, I want to reflect on opportunity costs and the risks of being spread too thin. Regarding investing, almost all traditional education preaches the value of a ‘diversified portfolio.’ While that is a fantastic concept, if you’ve already made it with millions in the bank, the actual reality is that most of us are still grinding to get there. For those of us who haven’t ‘made it,’ diversification can protect wealth, but it will not rapidly grow it. This is also true in trading, but the implications of a ‘diversified approach’ in trading is even more dangerous, particularly in crypto. The reality is many of us overestimate our capabilities and underestimate the time it will take to do something. Preparing a strategy takes time. Scanning the markets and researching new projects takes time. And for every different sector in crypto, for every new hype cycle, there is a new meta, a new alpha, new skills to learn, new strategies to develop, and new tools to learn how to use. A year ago, I had never even heard of GMGN, and didn’t track social metrics as a key part of my memecoin strategy - now it’s something I do every day. You must guard your time and focus because a million things are vying for your attention daily. The risk of trying to learn too many things is that you become spread too thin, mediocre at many things, but not truly great at one thing that can exponentially increase your wealth. The same is true for your investments; spread yourself too thin, and you’ll get the average return of the market instead of the punctuated gains you seek. You’ll also drive yourself crazy trying to keep up with all those positions daily. I find 5-10 active positions are what I can effectively manage. More than that, I start to lose focus, and I see a feeling of anxiety creeping in. I feel most powerful and effective when they’re on the lower end of that range. In summary, you only have so much time in the day. Don’t underestimate how difficult and time-consuming it can be to get competent in a new skill. Don’t underestimate how much mental effort it takes to manage multiple positions. Keep things simple, limit your number of positions, wait for the right opportunities to come to you, and bet big on them with sound risk management. Market Update Stablecoin Dominance https://www.tradingview.com/x/XgreS6lO/ This metric fell by -2.28% today. Not a lower low, but three significant days of moving down, which favors our risk-on assets. Bitcoin + Stablecoin Dominance https://www.tradingview.com/x/jEraQDvU/ We are putting in a Lower Low today, but we are showing some upside pressure as we move into the Daily Close. Tentatively bullish for a continuation of altcoins. Altcoin Performance Relative to Bitcoin https://www.tradingview.com/x/e8u5ih4L/ Went for a breakout today, but so far, it has failed. Selling pressure on alts is coming this evening as we head into Daily Close. It's still tentatively bullish for altcoin continuation. Bitcoin Trends https://www.tradingview.com/x/cmgAJJQn/ 5M: Neutral 30M: Bullish 1H: Bullish 4H: Bearish D: Bullish Bitcoin has put in a nice movement off its lows of $92,000, rallying to almost $98,000. While a good start, Bitcoin faces stiff resistance and volatility, which has increased dramatically in the short term. This is the first Bull Trap area, and Bitcoin needs to hold above $94-$95K on any pullback, or we risk a movement below $90,000. Key Levels https://www.tradingview.com/x/6YM1ZL7L/ POC: $93,640 VWAP: $96,422 Value Area High: $97,412 - $98,995 Value Area Low: $95,433 - $94,482 Strategy Bitcoin faces its first wave of significant distribution as we approach $98,000. This is the first strong uptrend we’ve seen in Bitcoin for a while, and it has not reversed yet, but it is hinting at it. Strong buys have stepped in between $96,200 to $96,800. If Bitcoin loses short-term momentum overnight, then it is critical that we put in a Higher Low above $93,000. Trading lower than $93,000 marks this as a bull trap and essentially confirms that we will experience a Lower Low in Bitcoin’s price rather than a bullish two weeks. For now, continue to hold longs opened up below $95,000. For new long positions, I would strictly manage risk at $96,000.
Hello mates, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trade on what we see the price movement on chart. A key part of my discipline is always setting a Stop Loss when opening a trading position. This ensures every trading position is risk managed. Our 1 to 1 trading training is available, please message. Trade well and good luck!
Debt GOLD Debt GOLD Debt GOLD PRINTING MONEY The U.S. national debt represents the total amount of money the federal government owes to creditors. As of early 2025, this debt has surpassed $37 trillion1. The government borrows money to cover budget deficits by issuing various securities like Treasury bonds. When the government prints more money to manage its debt, it can lead to inflation. This devalues the currency, making each dollar worth less. As a result, investors often turn to gold as a safe-haven asset. Gold tends to retain its value better during times of economic uncertainty and currency devaluation2. Consequently, when the U.S. prints more money, the demand for gold typically increases, driving up its price2.
Ladies and gentlemen, what's good for the goose is good for the gander - I'm glad I can still make money with a plethora of long opportunities available today in crypto… But folks, don't be a Stewart Varney - don't look at this like a horserace announcer, don't get stuck on a day - don't just look at a board of numbers, and see a big green one, and think the future is nothing but sunshine and rainbows... Just look a little bit closer… A true continuation of a trend into sustained brand new territory will take a lot more than a day to develop and verify… And if you look at the whole picture, we are still inside a range that is arcing over with nothing but clear air underneath... This is a 12 hour chart in order to see a little more detail… But also zoom out and look at the daily and weekly chart… Find me any chart in the world that doesn't come back down to test support when it looks like that... I'll wait... This doesn't mean bitcoin is dead, it's just natural, be prepared for other positions to fall along with it… Temporarily, i.e. for a little while. This is what the future holds someday coming up, maybe sooner than you think...
Gold market prices have made a massive hedge as the year kicks off, surging from the $2620s to the $2650s. With an imbalance sweep anticipated, the market is poised to seek more demands, aligning with the firm structure of the yearly candle formation. Hedge along with Akcapitals , boost idea and comment
#THETA has a super bullish pattern there is a 5 wave pattern like ABCDE the E wave is done now we can expect a huge rising wave for making new bullish waves ! also be careful on VWAP if the market go higher than the VWAP there's no supply after that !
Took my first shot at BTC a smaller position as we could still get a spike higher to zones above. I'm a bit aggressive with my positions because they require tight stops. Price has moved far enough away so my stop is at BE. Low risk high reward, let's see how it goes.
We bounced multiple times on our ideal PBr2 support keylevel at 94142 panda fam this time structure is forming a aggressive mini pump at m15 LTF same time as our recent update of CME Gap. ? So possible movement on bitcoin will be another retest again on PBr2 support for filling the gap i think another sideways will happen sooner but the good thing here is we are not closing and making a new swing low on PBr2 support, Buyers manage to hold it as a strong support ! ?
After trend line fails. Look out. To the upside. AI stock. Sell down. Now being bought. Hot sector.