We ALL Might Not Make As Much Crypto Profit As We Thought…
Crypto Banter
Market Overview and Predictions
The current market is relatively quiet, with Bitcoin (BTC) trading in a tight range between $104k and $105.6k. The speaker expects a potential breakout or breakdown, which could lead to a significant price move.
Bitcoin (BTC) Analysis
- The speaker is watching the $10200 and $99500 levels as key support and resistance areas.
- A break above the 50-day moving average could lead to a bullish move, while a break below could lead to a bearish move.
- The speaker is also monitoring the liquidation heat map, which shows potential danger zones at $10600 and $10400.
Deep Seek and AI Market Impact
- Deep Seek is a new AI model that could potentially disrupt the US equity market and affect the prices of AI-related tokens.
- The speaker believes that this news could have a significant impact on the market, especially for Nvidia (NVDA) stocks.
Old Season and Market Trends
- The speaker discusses the concept of "old season" and how it may not be the same as it was in previous years due to market changes.
- They believe that the market is becoming more selective, and not all tokens will experience a significant price increase.
- The speaker advises taking profits earlier and being more selective with investments.
Ethereum (ETH) and Other Tokens Analysis
- The speaker analyzes Ethereum (ETH) and other tokens, including Lido (LDO), Sui (SUI), and Tower (TOWER).
- They provide price predictions and potential entry and exit points for each token.
Trading Strategies and Tips
- The speaker emphasizes the importance of patience, research, and proper risk management in trading.
- They advise not to over-leverage and to select a few favorite charts to focus on.
- The speaker also mentions the importance of using indicators and oscillators to identify potential trading opportunities.
Giveaway and Promotion
- The speaker announces a giveaway for their audience, offering a chance to win a Bitfunded base account.
- They also promote their masterclass and accelerator program, which aims to teach trading strategies and provide access to exclusive trading tools and community.