ETF Flows Overview 📊 $BTC: -$287.8M 🔴 $ETH: -$47.4M 🔴 September starting off with a bang. A red one. Biggest outflow in weeks on both $BTC & $ETH. On the bright side, every major local top/bottom has been me with big in/outflows this year.

Since last week, #Bitcoin has seen $3 Billion in Open Interest wiped out of the market. $ETH Also lost $1.1 Billion during this time. Altcoins accounted for billions more combined.

$ETH Some key levels here. Currently trading around the 2400 horizontal region which has supported price last week. ETH did sweep the low at 2310 which marked the initial higher low from the impulse up. ~2594 local range high.

Let's see how the US Session does today. It's still by far the weakest trading period of the day throughout the past few weeks. ETF outflows also started ramping up which is accelerating it. Will depend on how stocks do as well obviously.

#Bitcoin Yet another false breakdown and a move straight back into the range. Both bears and bulls having a hard time trading this the past couple of weeks. Liquidity taken below. Eyes remain on the range.

$OM Has been trading around this $0.95 level for ages. Currently flipping it back into support and also trading back above the 4H 200MA/EMA. Looks good if it can start pushing from here. One of my main RWA bags.

$AAVE Held up while the rest of the market has been struggling. If BTC holds up for a bit I think this one is due for a go at the cycle/yearly highs. Lend/Borrow protocol narrative seems to be catching on with Trump's new project being in that sector. $MKR & $COMP on list too.

#Bitcoin Is now trading back into the lower half of the big down trending channel. It swept the local low in this region. The extremes of the channel now sit at approximately $51K and $66K. Those are levels to watch out for in the mid term.

#Bitcoin It's the 5th of September 👀 Going by the logic of the previous 3 months, this day would mark the local high or low of the month. So far it didn't make a new monthly high (59.8K) or low (55.6K) on this day specifically. We did make a new monthly low yesterday on the

ETF Flows Overview 📊 $BTC: -$37.2M 🔴 $ETH: -$37.5M 🔴 Both $BTC & $ETH did go up during the US market hours regardless of the outflows yesterday. For most of 2024, price going against the flows was a decent indicator. E.g. $BTC tops with inflows and bottoms with outflows.

$POPCAT Big level here. Still one of the bigger memes with the most mindshare and with that, volatility. If BTC were to bounce I think the race for the cat coins to $1B is back on. I don't hold any of this at the moment but it's good for trading seeing the big moves.

#Bitcoin Has been seeing renewed strength during the US Trading Sessions this week. It had been selling off nearly every market open/session. This Tuesday was bad, but besides that one, $BTC has been seeing upside during most of its US Sessions this week. Today & Friday yet to

$ADA Pretty clean breakout & retest here. If these things start working out, that'd be a good gauge of market strength. So for now I'm watching to see if this is just another fakeout into more downside or if it actually can get a move going. Generally, if things start moving

#Bitcoin pretty much following $SPX 1 on 1 again today. Looks like we’ve all (unwillingly) pivoted to being equity/macro traders again 🫡

Historically speaking, September is #Bitcoin's worst month. The average return is -4.36% in the past 12 years. That's about what it was trading at today. People seem to be preparing for an absolute -50% destruction of a month. It's never that extreme.

#Bitcoin Still trading below the Daily 200MA/EMA. These are levels that the bulls must break to get the mid/high timeframe momentum back in their favor. As you can see, both acted as resistance over the past couple of weeks.