A simple view of the market through 2 charts: BTC.D and USDT.D BTC.D pushing up continues to put pressure on alts. A weekly close clearing above 61.2% we can safely safe "alt season" stays on pause while capital flows back to BTC and if USDT.D doesn't break to the upside then probably more sideways action for BTC in the near term. Otherwise a weekly close below 60.4% with USDT.D dropping we can continue the alt rotations in a probable sideways BTC market. Looking at these charts we can see why the market has been in hard mode for alts unless you've been catching the daily hot narratives. Either way opportunity is present on both sides depending which way gets confirmed. Seeing a lot of flip flop biases on the timeline and traders getting trapped on both ends. Intra-day traders market until proven otherwise.

Feels so good to get stopped when you put your money when your mouth is lol

Oil topped? 🤔

Buying capitulation is never comfortable but someone has to be the liquidity provider in these markets 🫡

Looks like there’s more reasons to be long than not from here. To name a few: - BTC CME gap almost closed (maybe front ran) - Tariffs getting priced in - DXY at a local resistance level with S&P starting to trend up from the low earlier today after a huge sell off - Timeline in shambles making price predictions lower (works same way at the top) - RSI oversold (for added confluence) - Hovering around $80k (round number bias) - Alts stopped dropping hard while BTC nuked (sellers run out?) - Fear and Greed chilling in “extreme fear” for a few days - McDonald application jokes doing rounds in group chats … If these are not reasons to entertain the long side even for a short term then it really is time to pack it in for a while. Staying optimistic

I believe $XRP has a chance to be one of the most unexpected, explosive moving coins ever. The hated rally's of hated rally's... That's a bold statement but here's reasons to believe that it could be possible this cycle: - 6 year consolidation: From 2018 high to 2020 low it has been consolidating for 6 YEARS (6 years in crypto in like 100 years irl) - SEC clearance: Not quite in the clear but winning the law suit to not be deemed a security means a previous suppression of price (the lawsuit) is no longer looming like it was in the previous cycle, giving more confidence to buyers - Larry Fink was asked about the possibility of an XRP ETF at some point and his "no comment" response and smirk said it all (not ruling it out at least) but being clear from the security law suit certainly gives XRP a clearer journey to an ETF than most alt coins. ETF application = Institutional inflows to a magnitude far greater than ever (look at BTC and ETH as examples) - Possible IPO: If Ripple do go down the IPO route then the doors open for a LOT more institutional and retail investors and general buyer confidence - Previous top 3 coin: The mindshare of XRP dates back to 2017 and earlier, that's a long time of still having relevance in the market and given previous cycles lack of sustained performance it sets it up for an even bigger move when the time comes - XRPBTC / XRPETH: Both charts look to have bottomed meaning that XRP returns should be greater in the coming weeks than their respective pairs. Interestingly XRPBTC would have formed a higher low on the weekly time frame from the 2020 low and locked in another higher low dating back to 2014 - LTF divergences: We can see some divergences on XRPBTC lower time frames adding further confluence to believe the bottom is formed and upside awaits - The most hated rally ever: A breakout from this current multi-year range has the potential to be the most violent of any alt. Typical price action of XRP; long painful periods of mediocre price action followed by up-only pumps that defy logic, yet make sense on a higher time frame. 700+% moves in a month. Previous cycle holders would hate to see the inevitable move that finally happens after years of waiting and holders would hold for much higher prices than they've seen before - Cult community: One thing I keep learning is you never fade a cult community in crypto and XRP holders are nothing short of one of the most cultish communities I've seen dating back through the history of crypto Imo if we see a Blackrock XRP ETF application price teleports to fresh highs. I'll be targeting $5 for a cycle high (monthly price close below 0.45c invalidates this entire thesis for me)... Might sound delusional and unreasonable based on the current market cap but I'll rule nothing out of possible from what I've seen already in this cycle and its just getting started On the flip side this could just be another long non-existent fake-hope period for XRP which bleeds more people out the longer a move takes to play out, not to mention the opportunity cost of holding lagging alts during a bull run That being said I'm putting my money where my conviction and thesis is and will revisit this later and see if any of the ideas presented here play out

I believe $XRP has a chance to be one of the most unexpected, explosive moving coins ever. The hated rally's of hated rally's... That's a bold statement but here's reasons to believe that it could be possible this cycle: - 6 year consolidation: From 2018 high to 2020 low it has been consolidating for 6 YEARS (6 years in crypto in like 100 years irl) - SEC clearance: Not quite in the clear but winning the law suit to not be deemed a security means a previous suppression of price (the lawsuit) is no longer looming like it was in the previous cycle, giving more confidence to buyers - Larry Fink was asked about the possibility of an XRP ETF at some point and his "no comment" response and smirk said it all (not ruling it out at least) but being clear from the security law suit certainly gives XRP a clearer journey to an ETF than most alt coins. ETF application = Institutional inflows to a magnitude far greater than ever (look at BTC and ETH as examples) - Possible IPO: If Ripple do go down the IPO route then the doors open for a LOT more institutional and retail investors and general buyer confidence - Previous top 3 coin: The mindshare of XRP dates back to 2017 and earlier, that's a long time of still having relevance in the market and given previous cycles lack of sustained performance it sets it up for an even bigger move when the time comes - XRPBTC / XRPETH: Both charts look to have bottomed meaning that XRP returns should be greater in the coming weeks than their respective pairs. Interestingly XRPBTC would have formed a higher low on the weekly time frame from the 2020 low and locked in another higher low dating back to 2014 - LTF divergences: We can see some divergences on XRPBTC lower time frames adding further confluence to believe the bottom is formed and upside awaits - The most hated rally ever: A breakout from this current multi-year range has the potential to be the most violent of any alt. Typical price action of XRP; long painful periods of mediocre price action followed by up-only pumps that defy logic, yet make sense on a higher time frame. 700+% moves in a month. Previous cycle holders would hate to see the inevitable move that finally happens after years of waiting and holders would hold for much higher prices than they've seen before - Cult community: One thing I keep learning is you never fade a cult community in crypto and XRP holders are nothing short of one of the most cultish communities I've seen dating back through the history of crypto Imo if we see a Blackrock XRP ETF application price teleports to fresh highs. I'll be targeting $5 for a cycle high (monthly price close below 0.45c invalidates this entire thesis for me)... Might sound delusional and unreasonable based on the current market cap but I'll rule nothing out of possible from what I've seen already in this cycle and its just getting started On the flip side this could just be another long non-existent fake-hope period for XRP which bleeds more people out the longer a move takes to play out, not to mention the opportunity cost of holding lagging alts during a bull run That being said I'm putting my money where my conviction and thesis is and will revisit this later and see if any of the ideas presented here play out

We went from bullish ATH calling last week to it’s all over if $60k doesn’t hold on BTC. This was the pull back I was waiting for to allocate to spot positions and yesterday the alt market looked way offside and extended to the downside with weekly retests and forming (formed) the lows of October. The war fud is concerning from a macro and geopolitical pov but history has shown these can lead to panic in markets and over reactions. On the flip side nothing has changed with the Fed pivot and rate cuts, China printing money to stimulate their economy and generally speaking, we’re coming out of tighter monetary policy. I doubt the road to $100k will be smooth but it certainly feels like a logical time to be allocated especially looking at seasonality + election season around the corner.

We went from bullish ATH calling last week to it’s all over if $60k doesn’t hold on BTC. This was the pull back I was waiting for to allocate to spot positions and yesterday the alt market looked way offside and extended to the downside with weekly retests and forming (formed) the lows of October. The war fud is concerning from a macro and geopolitical pov but history has shown these can lead to panic in markets and over reactions. On the flip side nothing has changed with the Fed pivot and rate cuts, China printing money to stimulate their economy and generally speaking, we’re coming out of tighter monetary policy. I doubt the road to $100k will be smooth but it certainly feels like a logical time to be allocated especially looking at seasonality + election season around the corner.