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The latest briefing on the cryptocurrency market arrives with the sound of a literal hammer blows next to it, an accidental soundtrack of the hammer that he expects from traders before the next rally. In a step -by -thirteen -minute procedure of XRP, Bitcoin and Ethereum liquidity cards, the British analyst argues that the market stages what he calls “a deliberate trap” designed to eliminate weak hands, harvest stop orders and maximize the increase in the lever effect for retail players.
The trap is set, warns the XRP trader
It begins with the five -month XRP channel which started at the top of the New Year, noting that the price continues to tighten the underside of a descending trend line. “We are stuck below this line of trend which essentially seeks to see if this liquidity will be taken below us. My obvious opinion is that this is the case, ”he says, stressing the conviction that a sweeping of offers at rest below remains the path of the slightest resistance. Hunting hunting, he says, “would make our trip to the increase much better and much easier to navigate”, because it would reset funding, scare long long and recharge the order book for what it still calls the next “parabolic extension probably to the region from $ 8 to $ 12”.
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The trap, however, may not be a simple vertical collapse. Graphics, he reminds viewers: “I love doing something like” an initial escape which brings together 15 to 20%, convinces the traders that the bear phase is finished, then suddenly reverses in the deep liquidity pocket below. “This is exactly how higher and higher situations are supposed to make you frustrate,” he said, openly conceding that the pattern seems designed. The expression he never uses – manipulation – compares himself to analysis, but his rhetoric leaves little doubt: “This is how they test everyone.”
Bitcoin, in his story, can serve as a lure that puts the trap. The reference asset has already slipped from his own corner -type consolidation and, he observes, “likes to do this kind of thing” by staging premature breaks. He sketches a possible walk around $ 115,000 which “would delay the inevitable”, then would give way to a hunt for liquidity. Despite this, his price band in the middle of the Bitcoin cycle remains $ 150,000 at $ 220,000. This advantage, he argues, justifies an expensive average in dollars in altcoins even by keeping “a little bit of dry powder” in reserve for the washing it awaits.
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A more elaborate scenario implies a surgery of temporary domination in Bitcoin at the beach from 66 to 74%. While Bitcoin Siphons Capital, alts such as XRP “Said”, would take the liquidity objective downwards, and only while Cash turns in their order books. It illustrates the dance on the Twin TradingView – Bitcoin panels on the left, XRP on the right – before concluding that the configuration of the rotation is “not very likely” because it requires several macro -scale dominoes to fall into sequence. However, he refuses to reject it, highlighting the strategic reserve bill in Washington as the kind of narrative catalyst that could trigger a temporary rally only bitcoin and demoralize alt-tirers.
The macro -risk crosses the comment – Wars which could “push us” in the short term – but it treats geopolitical stress as a catalyst for the final capitulation rather than a thesis killer. “The advantage is so great that it can hardly be ignored,” he insists, framing the current chop as a high volatility break before a structural leg up.
Whether this leg only begins after a complete or emerge flow of another false out remains uncertain, but the analyst’s message is undoubtedly: traders who hunt eruptions without taking into account hidden hands may be liquidated first, spectators with the parable they hoped to mount.
For the moment, he is content to wait for “the market to make its worst tip”, believing that the Final Shakeout will promise to be through a sudden wick and piercing in depth. “You are played,” he warns. The admonition is austere: if the game book takes place as expected, the pain will be fast. “If we get these levels, that’s where I put the last piece of my dry powder (…). It may be $ 1.80, perhaps $ 1.90.”
At the time of the press, XRP exchanged $ 2.16.
Star image created with dall.e, tradingView.com graphic
