Bearofthenet
878 posts


Everyone will be closely monitoring the 50 Week MA - currently ~$101,400.
Majority - 90%+ CT Consensus is this is where we get rejected and then bottom at the 200 week MA, between $60k-$70k; then everyone will just buy that dip to run it higher.
Seems so obvious, seems too easy.
90% will be right? 🤨
What if this time we break the 50 Week MA and continue running?
Because running it higher is where Max Pain is at this point.

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I have taken some time to think this through and I am no longer as bullish on $AXL since the core teams acquisition by Circle.
Sure, the new guys might do a great job as well - but it is too much unecessary risk for me.
Also, could be a massive mistake if the new team proves super capable and Axelar fulfills its ultimate promise.
I am not selling any $AXL for now, anyway.
However, if I pull the trigger it will be soon and I will roll all of the AXL tokens into $APT.
Avery and the team at Aptos have had horrific price performance, whilst fundamentals are up in a big way, and the team and leadership has never been more solid & stacked.
From a fundamental perspective and day to day grind, Avery is a massive upgrade to Mo.
The vibe and buzz is better on Aptos than it was ever before.
It simply feels like Aptos is Inevitable.
Essentially, it gives me an opportunity to buy way more Aptos for the same amount of Axelar today vs. what I could have gotten 2 months ago due to Aptos massive price underperformance relative to the whole market.
Like I have said many times before I am not mad Aptos dumped as I have huge conviction in it; I am mad that I am currently out of Fiat to buy more.
Maybe flipping Axelar to Aptos will solve that conundrum.
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The redemption arc on altcoins that are completely undervalued like $DOT $APT $AXL will be glorious...
The levels of oversold on altcoins has never been this extreme.
The sentiment never this bad.
The tech and fundamentals, never stronger.
CryptoGuerrilla ⚔️@Crypto_Guerrila
Interesting development on the weekly timeframe #BTC.D Chart. For the first time since Jan 11, 2021 - it appears the STOCH RSI is crossing below 80, whilst RSI is positioned below the 50 resistance. Imagine the stink if 2026 ends up being a year long alt season whilst BTC goes rangebound or lower. All I know is at current prices people are virtually giving away their $DOT & $APT at current prices. Sentiment has never been worse on altcoins and people have never been more angry than now when you present technicals and fundamentals that have a bullish bias for altcoins. Altcoins Currently: Fundamentals ⬆️ Technicals ⬆️ Sentiment ⬇️ Social Interest ⬇️ Fear & Greed Index ⬇️
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@Bearofthenet Yes but done accumulating as I have a large position there.
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All you have to do is buy spot and ignore the noise. Don’t touch leverage with more than 1% of your spot portfolio.
Also never go all in on anything & always keep some stables aside.
Start scaling out when Total market cap goes above 5 trillion. Don’t over complicate it, patience and time are your best friends.
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