CryptoCapo TG
For those asking what to expect in the potential event of a capitulation / black swan scenario: πΈ $BTC could drop to the main support at $60kβ70k (35%β45% from the current price of $109,300) πΈ $ETH could fall around 45%β55%, potentially reaching the $1,000β1β¦
#MEMECOINS
As previously mentioned, memecoins would likely be the most affected by the bearish scenario, with potential drops of around 60%β80%. The rest of the altcoins would likely see drops around 50%β70%.
In fact, since turning bearish in May, many altcoins have already dropped significantly, even with $BTC still trading at similar levels. Once $BTC breaks below $100k, the real bearish acceleration will begin.
Here are a few clear examples.
As previously mentioned, memecoins would likely be the most affected by the bearish scenario, with potential drops of around 60%β80%. The rest of the altcoins would likely see drops around 50%β70%.
In fact, since turning bearish in May, many altcoins have already dropped significantly, even with $BTC still trading at similar levels. Once $BTC breaks below $100k, the real bearish acceleration will begin.
Here are a few clear examples.
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Every bounce looks like a dead-cat move to fade.
Alts are already down hard (30%-50%) from the May local top, but I donβt think the real capitulation has started yet.
Alts are already down hard (30%-50%) from the May local top, but I donβt think the real capitulation has started yet.
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#USOIL (WTI CRUDE OIL)
One of the few assets Iβm bullish on in the coming days.
Expecting trouble in the Strait of Hormuz.
One of the few assets Iβm bullish on in the coming days.
Expecting trouble in the Strait of Hormuz.
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DCB probably over. Expecting bearish continuation soon.
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CryptoCapo TG
$SOL update Rejection from the $170β200 zone, as expected. The main support zone has been tested multiple times, so itβs likely to be broken, and price should reach lower if we see a capitulation event (probably $60β80).
$SOL update
-First chart: April's bottom at $100
-Second chart: May's top at $170-200
-Third chart: current situation, after dropping 20% from the resistance zone.
After the current DCB, it's now testing another important resistance, which was support before (S/R flip). Main target remains $60-80.
-First chart: April's bottom at $100
-Second chart: May's top at $170-200
-Third chart: current situation, after dropping 20% from the resistance zone.
After the current DCB, it's now testing another important resistance, which was support before (S/R flip). Main target remains $60-80.
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Many altcoins have already retraced most of the dead cat bounce. Much lower prices are likely.
Stay safe.
Stay safe.
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Hope you all had a good weekend!
This week I'm going to be more active and share some interesting ideas.
This week I'm going to be more active and share some interesting ideas.
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GM!
As you know, Iβve been bearish since May 9th [https://x.com/CryptoCapo_/status/1920812200735719459] and Iβve been building short positions since then. I'm now fully net short and still adding, especially on altcoins.
Most altcoins are 30%-50% down from the May local top, which was called perfectly. The only asset holding up well is $BTC, mainly due to the institutional strategic reserves being accumulated. This creates constant buying pressure.
However, all of this buying pressure and the price is still at 108k? Something feels off... There must be bigger whales distributing here. A few days ago, several Satoshi-era (2009-2011) wallets got activated after 14 years, for a total of 80,009 $BTC ($8.69B):
[https://x.com/lookonchain/status/1941152575514198214].
We still donβt know if that supply will be sold, but it gives you a hint about what big players might be doing above $100k. And it all points to distribution.
As I've said before, $100k is a key level. A clean break below it would take the price to the next support level which is $92k-93k. A clean break below that, and the main target of $60k-70k would be reached and altcoins would drop a further 50%-80% in a capitulation event.
What could trigger such a strong bearish move? Well, charts always speak first and then the news follows. But there are several narratives, and in my opinion, the most likely one is related to the ChinaβTaiwan conflict:
The ChinaβTaiwan situation has been quietly escalating for months, and it's now reaching a critical point, even if itβs not getting much mainstream attention.
A partial or temporary blockade of Taiwan would likely have severe consequences for global markets. Taiwan is the backbone of the global semiconductor supply chain, producing over 60% of all chips and more than 90% of the most advanced ones. Even a short disruption could trigger panic in tech, energy, and shipping sectors. Supply chains would collapse, shipping routes through the Taiwan Strait would be blocked, and inflation could spike again. Asian markets would take the biggest hit, but global equities would follow. Risk-off sentiment would dominate, and crypto wouldnβt be immune. If tensions escalate further, this could be the event that triggers the full bearish move.
Stay safe.
As you know, Iβve been bearish since May 9th [https://x.com/CryptoCapo_/status/1920812200735719459] and Iβve been building short positions since then. I'm now fully net short and still adding, especially on altcoins.
Most altcoins are 30%-50% down from the May local top, which was called perfectly. The only asset holding up well is $BTC, mainly due to the institutional strategic reserves being accumulated. This creates constant buying pressure.
However, all of this buying pressure and the price is still at 108k? Something feels off... There must be bigger whales distributing here. A few days ago, several Satoshi-era (2009-2011) wallets got activated after 14 years, for a total of 80,009 $BTC ($8.69B):
[https://x.com/lookonchain/status/1941152575514198214].
We still donβt know if that supply will be sold, but it gives you a hint about what big players might be doing above $100k. And it all points to distribution.
As I've said before, $100k is a key level. A clean break below it would take the price to the next support level which is $92k-93k. A clean break below that, and the main target of $60k-70k would be reached and altcoins would drop a further 50%-80% in a capitulation event.
What could trigger such a strong bearish move? Well, charts always speak first and then the news follows. But there are several narratives, and in my opinion, the most likely one is related to the ChinaβTaiwan conflict:
The ChinaβTaiwan situation has been quietly escalating for months, and it's now reaching a critical point, even if itβs not getting much mainstream attention.
A partial or temporary blockade of Taiwan would likely have severe consequences for global markets. Taiwan is the backbone of the global semiconductor supply chain, producing over 60% of all chips and more than 90% of the most advanced ones. Even a short disruption could trigger panic in tech, energy, and shipping sectors. Supply chains would collapse, shipping routes through the Taiwan Strait would be blocked, and inflation could spike again. Asian markets would take the biggest hit, but global equities would follow. Risk-off sentiment would dominate, and crypto wouldnβt be immune. If tensions escalate further, this could be the event that triggers the full bearish move.
Stay safe.
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Important Reminder
I do not have any Instagram or other social media accounts besides X and Telegram. Please be cautious and avoid falling for scams or impersonators.
You can find me only on:
X (Twitter): https://x.com/CryptoCapo_
Telegram: https://t.iss.one/CryptoCapoTG
Any other accounts claiming to be me are fake.
Also, Telegram may display ads due to their own policy. I donβt control them, and they are not related to my content.
Stay safe and always verify information carefully.
I do not have any Instagram or other social media accounts besides X and Telegram. Please be cautious and avoid falling for scams or impersonators.
You can find me only on:
X (Twitter): https://x.com/CryptoCapo_
Telegram: https://t.iss.one/CryptoCapoTG
Any other accounts claiming to be me are fake.
Also, Telegram may display ads due to their own policy. I donβt control them, and they are not related to my content.
Stay safe and always verify information carefully.
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More and more people on CT are now talking about patience. Just a few years ago, it was barely mentioned, even when its importance stood out the most. Seeing it gain attention now is a good sign.
But mentioning it isnβt enough.
Patience must be practiced. And to do that, you need more than just time and concepts.
You need emotional and mental balance, as Warren Buffett wisely said.
That balance only comes through inner work.
Thatβs where the real secret lies β the secret to happiness, health, wealth, meaningful relationships...
What does βinner workβ mean?
It means working harder on yourself than on your job. It means silencing external noise so you can look inward and face your shadows. It means reconnecting with your essence, your spirit, and what cannot be seen with your physical eyes.
Through this, you find a sense of purpose. And when you truly have purpose, your whole perspective shifts.
You start enjoying the journey, even your mistakes, because you love what you do.
And from there, patience comes naturally.
But mentioning it isnβt enough.
Patience must be practiced. And to do that, you need more than just time and concepts.
You need emotional and mental balance, as Warren Buffett wisely said.
That balance only comes through inner work.
Thatβs where the real secret lies β the secret to happiness, health, wealth, meaningful relationships...
What does βinner workβ mean?
It means working harder on yourself than on your job. It means silencing external noise so you can look inward and face your shadows. It means reconnecting with your essence, your spirit, and what cannot be seen with your physical eyes.
Through this, you find a sense of purpose. And when you truly have purpose, your whole perspective shifts.
You start enjoying the journey, even your mistakes, because you love what you do.
And from there, patience comes naturally.
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