Daan Crypto Trades
Daan Crypto Trades|Jun 10, 2025 11:02
BTC Re-visiting my plan for this month: The initial move down was technically a decent setup but never really gave the entry trigger I wanted to see to long it for the retracement back up. Too bad but it is what it is. We have now swept the range high above 108K and if price were to trade back into the range that could turn into an entry trigger for me as per the red scenario. The current monthly low is set on the 5th of June and the high on the 9th of June. These are still both in line with months during the previous year where we've often set the high or low of the month. So no clear trigger for this trade just yet, if price holds where it is I think it's strong. Bulls have no business seeing this trade back below 108K. That'd show weakness to me. My overall positioning is still spot long but I have derisked during May, especially on alts which have been bleeding down mostly since. BTC & ETH are the strongest performers during the chop which is healthy.
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