Treasury bonds give an idea where interest rates may be once Fed cuts
10Yr bond doesn't fluctuate much, 30Yr even less
2Yr tends to follow, trades above the fund rate BUT that changed since 1990, look closely, tends to happen in DOWN cycles!
3M trades = but with a lower yield

🚨🚨🚨
KEEP👀on VOLUME
That is the🔑
What is the volume on BUY/UP days
vs
What is the volume on Down/Sell days
Money flow helps but it's a LAGGARD
$BTC $ETH $DJI $SPX $NDX
BTC ETH DIA SPY Q

4Hr $BTC chart
There's a small bounce happening atm
2nd chart shows the Support level formed by the Inverse Head & Shoulder pattern
Are we BULLISH?
Yes
BUT we need to be able to switch if things change
Weekly chart posted weeks ago showing we were onto something, BTC Crypto

To all those asking what happened to $BTC
For the last few years we've been saying...
Derivatives, futures dictate Bitcoin price action
That huge gap was formed the moment TRADING OPENED for BTC

Turned sour on $BTC early/mid July
Hasn't done much since our call, it's lower but by a lil
In the same token we've been BULLISH on $ETH since April & changed tunes on TRADING positions near peaks
KEEP IN MIND, historically, THIS USUALLY happens @ the end of the Crypto cycle

Here come altcoins as well!
$XRP
$AAVE
$SOL
Smaller caps, look right side @ percentages
$DSYNC AI
UGH, HARD CALL
Crypto market looked WEAK BUT there's a lot of bearishness out there!
May be time to nibble on many of these good altcoins
Majority are still close to the lows!

$BTC on the other hand, not as strong
Chart 1
BTC is bouncing but no strength
Let's see how the day ends
2L
Currently there's volume beginning to creep in
2R
Bitcoin NEEDS follow through & show strength by CLOSING, right chart, above the red line

OPINION $BTC $ETH
There is desperation in Crypto land & THIS IS GOOD
We are LIKELY to get a bounce SOON
BUT it must be very soon
That MAY have been the top for NOW
Maybe huge rally later in the year, we'll see
What we've ben saying, on peaks, will likely happen next year

We warned people on the $BTC "income" strategy
$MSTY
Did well at introduction, sucker people in
Oh but that is a comparison vs Bitcoin
OKAY
Last chart is compared to $MSTR
STILL SUCKS!
This "strategy" floated around some time ago & we warned that it looked bad then.......

Short interest for $BTC & $ETH
Bitcoin has far more shorting compared to Ethereum
We've been warning for a bit & sold a chunk of Crypto close to top, waiting for rebuy again
But how far? We've spoken on that too
Will post levels again, soon

We began warning Around the 13th or so on $BTC $ETH
NO ONE was warning! NOT ONE ACCOUNT, AFAIK
Another peak called!
ATM more & more accounts are turning cautious
The headlines are turning bearish
This is good but are we done?
Short term we are oversold
Bitcoin Ethereum

Many have called high valuations for stocks
BUT
They have kept going higher
Well, $DJI is trying to push higher
$NDX on the other hand has been cooling off
It did move a lot & fast!
Does look like $ETH last few weeks, no?

Ethereum has held better than Bitcoin
BUT is that tide changing again?
ETH went from buying frenzy to selling chunk of those buys to buying back to increased selling
They're screaming shorts but, don't see that
Last chart = 4Hr chart that puts $ETH volume in perspective

Since we called another short term Bitcoin top...
BTC is down 10k
How much lower?
IMO looks like 113k area is holding
RSI is not great
Sell volume has been leading
BUT
👀at Money Flow!
4Hr $BTC doesn't show much or does it?
Look @ sell volume waning
Selling & buying slowing!

THE US Dollar has been in a downtrend
However, it has been steady for a bit
WHY?
There's a LONG TERM downtrend underneath
2nd chart
We see the weekly, 3rd chart, that $DXY is fighting but not winning, fighting nonetheless
This should be resolved by October

Short $BTC🧵
Bitcoin broke the BLUE moving avg temporarily
BTC sells have been taking charge
RSI is still weakening
Money flow holding the area
With all of this you'd think the asset would be A LOT LOWER, no?
However, it's NOT, interesting, no?

Small🧵
We have price targets on $BTC but haven't done much on $ETH, let's do it!
Have shown this before but am not convinced on this Fibonacci, worked @ 50% but not much elsewhere
It's been $ for us with $SHIB & $BTC
So, let's try something else!
Ethereum ETH