Up Only - Is The ETF news bullish?
Hey, friends.
Today I wanted to give a little update on how I see the market and what’s in store for it going forward.
Also, don’t forget CPI which is in 4 hours.
Some very quick updates:
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Some market thoughts
The market has been driven by rumors about spot BTC and ETH ETFs lately.
And IMO this is what currently still holds up the market.
There is a window now until Friday 17th in which we can get important news, but the date is getting closer every day and I expect a small sell-off (unless we hear something).
The thought behind this is that if we don’t see the ETF news before Friday, we’ll probably have to wait for January.
Exciting times ahead. Personally just spend a lot of time trading these days, and naturally, I am much less active on Twitter.
If you want to join my free private trading group, you can find it here:
Sharing some interesting tweets I’ve read lately:
Full thread here: https://x.com/AltcoinPsycho/status/1724121070221848790?s=20
Link: Guidelines for effective news trading
Link: A good thread about new coins vs. old coins
Good thread by Ansem: https://twitter.com/blknoiz06/status/1722303301847302383
Link: The tools you need for scalp trading professionally
Some other tools I use
I use Scalp Scanner to get an overview of the market (open interest, volatility) and especially to look for funding plays:
A Telegram channel that monitors Binance futures movements for scalping purpose, and track a + / - 5% amplitude on 5min candles: https://t.me/BinanceGhoztScalps
A Telegram channel that sends an alert if there’s any Binance Futures pair price that changes more than 2% in a 1-minute candle:
A Telegram channel that sends live liquidation signals from Binance Futures with a minimum size of $50k:
A Telegram channel that sends live liquidation signals from Bybit with a minimum size of $50k: https://t.me/BybitLiquidations
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