Ryan Grace retweeted
days like today are why the old trading setups break
senate votes on CLARITY at 2:15 ET. odds moving, perps repricing, funding flipping.. all at once.
chart, funding, odds: one interface.
thats what the modern trader expects.
Ryan Grace retweeted
> be citadel
> circulate a note Fed week that a hike is coming
> if no hike, then its a big mistake
> Fed doesn't hike, market crashes and tanks semis
> buys SALP's book at a steep discount
impressive
Volatility derived trading ranges and momentum signals for $BTC and a few others as we head into the weekend.
A bounce for bitcoin and ETH, but no change to the broader downtrend yet.
Oil's weekly price momentum has transitioned from bearish to neutral. - Slow moving, but often a good indicator of intermediate term price action.
$105 now in play.
bitcoin:native nearing the top of last week's expected move ~$66k.
At current spot and vol, weekly volatility derived trading range is now 63k-69.8k. (Higher-high vs prior week.)
Keep in mind BTC vol near multi-year lows.
Update:
$BTC momentum has flipped to bullish on the daily timeframe, but still within a bearish weekly and monthly trend.
We'd need a serious move higher into month end for those trends to reverse.
Until then... Eyeing 61k-66k trading range.
Most of the names in $DRAM are now down -30% from ATH. Time to add?
My view is this is a secular bull. Expect 30-40% corrections along the way, but we're going higher still.
Update:
$BTC momentum has flipped to bullish on the daily timeframe, but still within a bearish weekly and monthly trend.
We'd need a serious move higher into month end for those trends to reverse.
Until then... Eyeing 61k-66k trading range.
Need to see BTC above its 200d at $74k before we get all excited again.
Also:
ETH 200d = $2,210
SOL 200d = $91
ETH price momentum flipped back to bullish yesterday. But, will it hold?
SOL signaled bullish on 7/1. BTC still neutral.
While current crypto sentiment is apathetic at best, $AAVE is quietly up ~40% vs BTC and ETH over the past month.
Using realized vol, the estimated weekly move is +/- $13 ($75 - $105 range).



















