Crypto Market Insights, Trade Updates, and Community Launch

This week brings incredible opportunities with a US-EU trade deal and significant institutional Ethereum inflows, alongside personal trading successes. A free Discord community is launching, offering real-time trade signals, live trading sessions, and in-depth strategy discussions for active Bybit traders.

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Key Points Summary

  • Weekly Overview and Content Value

    The week promises significant market events and shared insights, aiming to provide valuable "alpha" without unnecessary information to the audience.

  • Pump Fun Prediction Validation

    An earlier prediction about Pump Fun not being the best idea proved correct, demonstrating an effort to provide valuable, though not always perfectly presented, information.

  • Personal Trading Performance

    Recent trading activity included taking profits from Ethereum short trades, navigating several "stop-outs" on long trades, and ultimately securing a nice profit on a long trade, contributing to a 44% overall portfolio increase in 60 days on a 100k account.

  • Discord Community Launch

    A new free Discord community is launching, managed personally, offering a chat room for early access to trade signals, closed live trading sessions, discussions on trading strategies, and giveaways.

  • Discord Access Requirements

    Access to the free Discord community requires verifying a Discord account, creating a Bybit account using a specific link, depositing at least $500 into the Bybit account, and achieving a minimum traded volume of $10,000, ensuring active participation.

  • US-EU Trade Deal

    A positive development involves the US and European Union striking a trade deal, signaling an end to the trade war.

  • Bitcoin and Ethereum ETF Inflows

    While Bitcoin ETFs show some outflows or relative accumulation, Ethereum is experiencing significant inflows, indicating a shift where money is being directly invested into Ethereum rather than merely transferred from Bitcoin.

  • Market Drivers (Retail vs. Institutional)

    The current Bitcoin and Ethereum rallies are primarily driven by ETF inflows, corporate buys, and whale accumulation, with retail investors largely remaining on the sidelines, reflected in non-exorbitant funding rates and modest Google search trends.

  • Market Timing and Euphoria

    The absence of widespread retail engagement and "crazy euphoria" suggests the market is still in its relatively early stages, far from the point where many typically begin taking profits.

  • Tom Lee's Ethereum Price Prediction

    Wall Street analyst Tom Lee's prediction of Ethereum reaching $10,000 to $15,000 aligns with personal expectations, supported by institutional accumulation, such as Bitwise building an Ethereum treasury with $250 million in July.

  • Upcoming Economic Calendar

    Key economic events this week include July 29th (consumer confidence), July 30th (GDP numbers, FOMC meeting, rate decision – the market prices in no cut, so a cut would pump the market), July 31st (PCE inflation data), and August 1st (US tariff deadline).

  • Weekly Trading Goal

    A target of at least a 10% increase to the active trading portfolio balance is set for the week, demonstrating the possibility of successful active trading.

  • Interest Rate Decision Importance

    The Federal Reserve's decision on interest rates (cut, hike, or unchanged) is a critical event requiring close attention, with real-time coverage planned for the Discord channel.

  • Ethereum Technical Analysis

    Following a slight correction, a successful long entry was identified around $3500. The strong resistance at $396 is a key level; breaking it opens the path to an all-time high, though a short-term correction is anticipated for potential short trades. Main areas of interest for longs include $3600 and an existing order block.

  • Bitcoin Technical Analysis

    Bitcoin continues to struggle with a significant weekly resistance level, currently at what appears to be a historical maximum. The expectation is for Bitcoin to consolidate, allowing more money to flow into Ethereum, with short-term corrections offering active trading opportunities before re-entering longs.

  • SMT Trading Strategy

    The SMT (Smart Money Technique) strategy, which will be discussed in Discord, suggests that because Bitcoin has not made a new local high while Ethereum has, it could be statistically viable to short Bitcoin and long Ethereum.

  • Bybit Account Transfer Instructions

    For existing Bybit users who did not use the provided link, instructions are available to either create a new account with a different form of identification using the link or transfer KYC to a newly created account under the link.

  • Future Discord Activities

    The first live trading stream, combined with educational content, is planned for this week within the Discord community.

Retail is still on sidelines, which means that we are still here in time and it's relatively still the beginning.

Under Details

keyInsightdetailimplication
Discord Community AccessA new free Discord community is launching, offering Krow Trades (real-time signals), closed live trading sessions, strategy discussions, and giveaways.Access requires a Bybit account created via a specific link, a $500 deposit, and $10,000 in traded volume, ensuring active trader participation.
Market Rally DriversCurrent Bitcoin and Ethereum rallies are driven by ETF inflows, corporate buys, and whale accumulation, not retail investors.Retail is still on the sidelines, suggesting the market is in its early stages and not yet in 'euphoria' phase.
Ethereum Price PredictionWall Street analyst Tom Lee predicts Ethereum could reach $10,000 to $15,000, aligning with personal analysis.This forecast is supported by substantial institutional accumulation, including Bitwise building a $250M Ethereum treasury.
Key Economic Events (July 29 - Aug 1)Upcoming events include Consumer Confidence, GDP numbers, FOMC meeting (rate decision), PCE inflation data, and the US tariff deadline.These events are critical for market movement; a potential rate cut, though improbable, would cause a significant market pump.
Ethereum Technical LevelsA strong resistance level exists at $396. A long entry was identified around $3500 after a correction.Breaking $396 opens the road to an all-time high, but short-term corrections are anticipated for potential short trades, with $3600 being a key area for longs.
Bitcoin Market BehaviorBitcoin struggles with a significant weekly resistance, currently at a historical maximum, with no new local high while Ethereum has achieved one.Expect Bitcoin consolidation, with more capital flowing into Ethereum. This also suggests a potential SMT strategy to short Bitcoin and long Ethereum.

Tags

Cryptocurrency
Trading
Optimistic
Ethereum
Bybit
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