That is the reaction we were looking for.
With everybody looking for a bear flag breakdown and not respecting this trendline break, it is a perfect setup for mean reversion.
$BTC filling the weekend CME gap as it retests the broken linear downtrend.
Looking for mean reversion towards $100K ASAP after the first death cross on CME futures since 2022.
$SEI Trading in this tight range for the past 3 weeks now.
We've seen a deviation below into a higher low. A break above the range high and resistance would make me expect a move higher. Especially after such a long price range and compression.
This Xiaomi news might help give the momentum it needs for that breakout. It will give access to a massive new market so I'm curious to see how that helps with the ecosystem's adoption.
A new era of mobile finance is coming to Xiaomi's global user base.
A next-gen finance app powered by Sei and designed for stablecoin payments, will be integrated into the Xiaomi mobile ecosystem, coming pre-installed on new devices.
Money made instant — built into your phone.
$BTC No changes. Still stuck within this price range.
Have just been chilling, waiting for the market to show its hand. No need to force trades that aren't there during a chop.
$BTC
A couple days of trapping bulls in temporary distribution then it’s game over.
Lights out. Deviation back into the range is the trigger. Patience.
$BTC
It appears the market is repeating a similar setup to 2022 before another leg lower. I’m still targeting the 50–60K range from my swing shorts posted at 123K, but in the near term we could see a push to 95-96K
A short term move up would also line up with rate cuts, so
83K Followers 757 FollowingStudio-ran account for Tyler Hobbs: Visual artist working with algorithms, plotters and paint. Creator of Fidenza, co-creator of QQL.