Very decent day for $CRYPTO for the first time in a while. Heading into a long weekend, and some alts have bounced nicely!

$OTHERS / $BTC is approaching resistance! Definitely not the time to play hero here but if we get a clean break above, it could trigger a decent squeeze in some of the stronger coins we mentioned (long opp). Otherwise, it’s probably just a classic mean reversion move.

So far we’re seeing this bounce play out nicely on $BTC as shown in the chart below from Velo. Leverage is leaving the system (shorts getting closed/rekt), SPOT CVD is leading the move, funding is turning negative, and the Coinbase premium is ticking slightly higher.

Decent breakout for $BCH as was mentioned earlier today.

$LYN study the little-to-no float. 200% move without any correction. 98% of supply controlled by 10 wallets. Hard to find edge here, but everyone knows how this usually ends nuke.

nhadejs $LYN twelve daily green candles in a row. They can’t keep getting away with this. Heard 13 is an unlucky number, so today’s the first correction, I don’t make the rules.

$Bitcoin is holding up well after the TradFi close, but we’re now approaching a potential resistance zone where notable order book pressure is building. This indicator highlights where buy and sell liquidity is stacked around the current price, allowing you to see which side of

$PIPPIN Option two it is, filling the wick damn.

$LYN study 13 green daily candles in a row. Spot flow basically non-existent (cartel wallets holding it), perp volume non-existent. I’d bet the drop will be sharp. Only question is where they pull the rug, S/R getting run over like it’s nothing. #CryptoScam #Altseason

$IRYS looks great under the box mentioned below 👇

Order-flow anatomy on $BTC over the weekend. Spot has been selling off aggressively since yesterday, while perps attempted to push price slightly higher but with little follow-through so far.Both the perp and spot order books are relatively thin right now, which means price

Thursday’s high on $BITCOIN is a key level for me, as I mentioned on Friday when outlining possible BTC scenarios. If you want to stay bullish, this area is pretty much the last stand for a decent R:R trade. Lose it, and we’re likely looking at more pain probably revisiting that