Kenneth Fodnestøl

⚠️ My Take on the Current Market I believe the pump we’ve seen so far in April is also being driven by ETF investors, and that they’re likely making the same mistake again. Why? If this rally were driven by experienced crypto investors, we would expect broad market participation: Several altcoins running higher beta assets outperforming risk-on behavior across the board But that’s not what we’re seeing. Right now, it’s mainly BTC and ETH — the two assets with ETF exposure — that are moving. That suggests: Flows are ETF-driven, not crypto-native, capital is passive and reactive, not strategic. And historically, this group has not been good at timing this asset class.

🧠 Dont Get Fooled By This April Pump.. One of the most overlooked aspects of the Bitcoin ETF boom is this: the products are doing well — but the investors are not⬇️ Data from Morningstar shows a striking gap between ETF performance and investor returns. For example, the iShares Bitcoin Trust (IBIT) delivered roughly ~46% annual returns, yet the average investor captured only ~11%. This gap is not random — it reflects behavior: Investors buy after price rallies📈 Investors sell during drawdowns📉 Capital flows tend to chase momentum, not value. In fact, more recent data suggests that dollar-weighted returns for ETF investors even turned negative, as large inflows came near market highs. - Binance We’ve also seen: Large outflows during market stress- Reuters New investors sitting on “ugly losses” after buying late- Morningstar, Inc. 👉 The conclusion is simple: ETF investors are behaving like classic momentum traders — and paying the price for it.

@MatthewHyland_ Bro my entire feed are crypto people calling for higher prices after this April fools pump, making fun of bears etc. Only the few, acctuall trustworthy influencers on this app are the ones beeing patient still. Don't forget the old saying "Sell in May and walk away"

If this is a bear market rally you would see excitement, interest rise, some euphoria and calls for much much higher by now There is basically none of it Instead many calls for this rally to fail and for #BTC to return toward 60k or below Looks like a Disbelief Rally

Don't forget the old age saying "Sell in May and go away" We've had a pumpy April, and based on my firm beliefs (rooted in technical analysis), I think we’ll see $38–41K during 2026. Structure still shows weakness: • Lower high formed • No clear higher low yet • Bearish continuation pattern forming Key confluence below: • Fib 0.786 • Value Area High • Anchored VWAP • Order block support If this range breaks down, liquidity sits much lower. Patience > FOMO. Technicals in chart 👇

@CoreyBlakexyz @MichaelXBT 38-40k. Its the fair value area based on both Anhored VWAP and Volume profiles, its also the 0.786 Fib lvl, untapped orderblock. And by comparing this cycle to the previous, its the same area of the cycle where it bottomed out in 2023. It has been my target for long.

@MichaelXBT do you know what the bottom is or is it that you will know it when you see it?

I called the exact bottom of the previous Bitcoin bear market. The bottom is not in. This is a relief rally, not a bullish reversal. Final capitulation incoming. You will quit after the next leg down. I will buy your bags at the bottom.

@Tryrexcrypto You have your SL exactly where I have my pullback trigger for a potential long towards 83k🤣

$BTC LONG UPDATE We're back to break even. Especially since I got a very good entry in the first place. I still believe a liquidation hunt above 80k will happen sooner or later. Bitcoin hasn't been rejected clearly and shorts are under pressure.

@coinbureau Technically possible… but won’t happen. You can fork the chain, but you can’t force consensus to rewrite ownership. That breaks BTC’s core principle: property rights. What happens instead? → New chain → Airdropped token → BTC unchanged Just another altcoin

⚠️ NEW BITCOIN FORK PROPOSES REDISTRIBUTING SATOSHI’S COINS Long-time Bitcoin developer, Paul Sztorc, is proposing a fork that would reassign part of Satoshi Nakamoto’s ~1.1M . The plan is to copy Bitcoin into a new chain called eCash with native eCash tokens. “Hold 4.19 BTC at the time of the fork, get 4.19 eCash. You can sell it, keep it, or ignore it entirely,” he said on X. However, certain wallets (like Satoshi’s) would be flagged as “inactive,” and their balances would be redistributed under the new rules. Supporters argue this could “revive lost coins” and make supply more usable. Critics call it outright theft, warning it sets a dangerous precedent for rewriting ownership.

More people should see this tweet✌️

$BELKA tapped right into my POC zone but it happened to quick so I missed getting an entry! Should have definently put in a Limit order here. But, I like getting some form of strengt or confirmation on my zones before I manually enter. Missed entry, but my idea was spot on✅️ Still holding 35.500 Tokens💰 #Memecoin #Crypto #Solana #BELKA

Looking for a possible re-entry around the $0.0015 area 🎯 Still holding a small bag (~35k tokens) from previous entries. We’ve already seen multiple pullbacks to the POC aligning with the 0.618 Fib. Next key zone lines up with POC + 0.786 — a typical deeper retrace after a strong move. Let’s see if price gives it again. DYOR ✅ $BELKA #Memecoin #Crypto

Attempt #2 trading shitcoins with plain TA 🧪 No alpha groups, no insiders — just levels, structure and vibes. Picked this one up around support after a breakdown. Let’s see if a bounce back to value holds or if I get farmed again 😅 Learning as I go. Discipline > hopium. CA: Belka - The Dancing Squirrel 4df1wZoygsynEZ6XmpcoabrVwv7nBgjHLyCns5xApump Follow for more degen TA experiments 📈 #Memecoins #Crypto #BELKA

@HenryMa79561893 $HENRY - Sold at a loss, but bought back in lower💰 I still have faith🤞 Sold when we had a clean break of the trendline and retested the underside. Clean trendtrading structure so Invalidation here were easy. #Solana #HENRY #Memecoin #Crypto

@KalshiTrade Your traders obviously don't know the power of the Batwoman🥰

BREAKING: Our traders forecast Bitcoin will hit $80,000 this week

I do not agree. I'v been tracking the USDT.D fo a long time and i called top signal on BTC 13th of September when it was at 115k. Just by tracking the USDT. EVERY Time the USDT.D was forming a shoulder or the head it had a local top. And when the pattern showed a clear iH&S i called it on YT .

The best comparison is to use ethereum chart not bitcoin cause usdt.d will never go up 2x or 70% from here like btc did Ethereum dropped -30% in right now usdt.d is only -20% drop the support will break soon and it will drop more % before it pump double top and then crash lower. Bullrun begins.

Welcome to the bullrun. $Usdt.d just breakout the biggest support zone and possible we could see a 20% crash on stablecoins dominance with this trendline break down. This would put bitcoin above $85k - $94k $btc Bears are fucked $eth $ena $hype

$USDT.D vs $BTC – same setup, different narrative 👀 Everyone screaming “The bullrun is back" but.. USDT Dominance: • Broke out of an inverse H&S • Retested the 2022/23 highs • Now consolidating in a potential bull flag We’ve seen this before. 📉 When $BTC tested its 2021 ATH in 2024:(See arrow) → It didn’t just send → It formed a bull flag → Then continued higher Now flip that logic: If $USDT.D is mirroring that structure… → A breakout UP📈 = liquidity out of the market → bearish for crypto📉 I’m not saying the 2026 bullrun is canceled. I’m saying we might be early. A push to ~14–15% USDT.D wouldn’t surprise me before the real move, this could push BTC towards the $40k area. Same pattern. Opposite impact. Timing is everything. DYOR. #BTC #Crypto #USDTD

$Bitcoin – quick thoughts. Seeing a lot of bullish sentiment lately, feels like people are starting to FOMO into longs again. Price has just tapped into a major resistance zone: – top of a rising wedge – into a CME gap Structure-wise, this move is still questionable. We’ve only printed one Lower High and one Lower Low so far – not a confirmed trend shift. For now, this is not an ideal long area. If anything, this is where shorts start to make more sense. Bullish scenario: Break above resistance and hold it as support. Until then, I stay cautious. #BTC #Crypto

Nana nana nana nana Nana nana nana nana... Batmaaaaan🎶📉 $BTC #BTC