Topic: #trading
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DonAlt Sets Bitcoin Floor at $60,000, Dismisses Saylor Sell Panic
Trader DonAlt, who accurately predicted XRP's 700% rally, says Bitcoin is locked in a sideways range with a $60,000 support floor and $82,300 ceiling, and dismisses fears about Michael Saylor's selling as a manufactured panic.
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Nasdaq implied correlation hits record low, raising volatility risk
The Nasdaq's implied correlation has fallen to its lowest level in at least 23 years, suggesting individual stocks are diverging sharply. Traders are betting on continued dispersion, but history shows such extremes often precede sudden re-correlation events and volatility spikes.
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Bitcoin longs defend $70K support as spot ETF outflows hit $1.5B
Bitcoin traders opened long positions to hold support near $70,000 while spot ETF outflows exceeded $1.5 billion over seven days. Analysts warn that negative Coinbase premium signals caution ahead of inflation data.
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Bitcoin Holds $76K–$78K Range as AI Tokens Surge on Altcoin Rotation
Bitcoin remains confined between $76,100 and $78,000 while NEAR and FET post double-digit gains amid sector rotation. Privacy coins sell off as derivatives signal subdued volatility conditions.