LIVE Bitcoin Trade Hunting

The host reported making one Bitcoin trade near 76.8 as price rolled over and retested 76.7. He placed BTC near the bottom of a channel and described the area as “no man’s land,” with a weak weekly-open candle adding pressure. A break below the channel could bring a quick move to 76.0, although he said BTC was difficult to short at current levels. He also cited a possible move toward 77–79. During the stream, BTC was around 77 and approaching a liquidity level, while shorts were getting squeezed.

Bitcoin was trying to break upward, but the host did not confirm a breakout. On the 15-minute chart, price was still “fighting,” despite a small upward move during the stream. He said he would be more confident in a swing long after liquidity had been cleared, while noting that long positions were continuing to accumulate. Daily and weekly money flows looked poor, leaving direction uncertain; money flow and MACD suggested a possible bounce, though he did not specify which asset those indicators referred to. The host said he was short across much of the market, including Lido, ETH, JUP, DUSK, ORDI, XRP, and SUI, with only the ETH short in loss.

ETH looked stronger than BTC, and the ETH/BTC daily chart was holding its channel after roughly 1,500 days of underperformance. Repeated bounces near internal support suggested to the host that ETH/BTC might be forming higher lows and could continue rising against BTC. He said the ratio and ETH dominance had led him to move into altcoins earlier than planned. ETH dominance stood at 11.4%; he flagged possible turbulence near 12% and 14%, called 18% a major altcoin battleground, and described 20% as a difficult threshold for ETH. He expected deep-altcoin holdings to gain substantially if dominance reached 18%, but stressed that altcoins could also generate large losses. The group was heavily exposed to altcoins, while his own portfolio was only partly built and selectively positioned.

The host described a side trading account, funded with about $200 in leftover DAG, that had grown to $1,300. He said he traded it daily, aimed for 20–30% gains, and used tight stops. VVV was one focus: he considered it a careful potential spot buy because of its privacy and AI narratives, but warned that it could move about 5% rapidly and make high leverage vulnerable to liquidation. He described VVV as trading in a very low-volume area, with a volume-profile region from roughly $12–$13 to around $17, and said he was wary of shorting it because a sharp move could wash him out. VVV was moving independently of BTC and appeared to be trying to exit its downturn zone. He was reluctant to short it before about $27 and said it could make a full rollback. During the stream, he entered a $600 VVV trade despite weak-looking one-minute candles, taking the green four-hour candle after the volatility as a positive sign and setting a tight stop around $25.50.

The host was concerned that Canton’s token had failed to reflect the broader altcoin rise over roughly three weeks, though he said his position was small. He was not looking to re-enter XRP near $1.40 after buying around $0.17–$0.20 and selling most near $0.70–$0.80 in an earlier cycle; he cited XRP’s large market capitalization and said he did not expect a 40x opportunity. AVAX remained below $8 after briefly touching that level. Despite praising its technology, he was hesitant to re-enter.

He said older altcoins were making lower highs across cycles as token issuance increased and enthusiasm faded. BNB, Ethereum, XRP, and Solana had set new all-time highs, in his account, while Chainlink and Cardano had not; Stellar had posted lower highs across multiple bull cycles. He noted that Stellar could gain 176% if it reached its failing trend line, but warned that some altcoin charts looked weak even if a broad-market rally made them appear bullish. Ponds was down about 20% over 24 hours, and an Aerodrome weekly candle had a roughly 20% wick, which he viewed as unfriendly signals. He characterized crypto as “dead for now” and predicted that people might return in two or three years asking how the audience had been so lucky.