
LES INSTITUTIONS EN FOLIE SUR CET ALTCOIN ! 🔥 (Preuve à l'appui)
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The speaker is providing an update on Solana, noting potential retracement signs. They highlight that institutions are increasing their long positions on Solana via the CME, as reported in the "rapport code." A new report is due tonight, accessible to affiliates and VIP members who sign up via a partner link on Wix and are active on the platform. A tutorial on using Wix is available on the YouTube channel. To gain access, users must register via the partner link, fill out a form with their email and Wix ID, and then join the Discord server. In the Discord, they need to use the command `/AF`, select "affiliation Wix," and enter their UID to link their Wix account. After a few days of activity, VIP Crypto and Market Review Code Report channels will be unlocked.
The report indicates a 26.9% increase in open interest for asset managers with long exposure to Solana on the CME. Asset managers are described as large funds focused on long-term investments, not short-term price speculation, which is more typical of leveraged funds. This suggests a growing institutional interest in Solana, though it doesn't necessarily signal an immediate bottom. The speaker believes that as prices move further away from a specific gap, institutions will likely increase their long positions to capture potential profits within that gap.
The CME futures market, which operates 24/7, differs from spot markets like Binance, which close on weekends, leading to significant gaps. A large gap was created on the CME in early February due to a sharp weekend drop, with this gap extending between $117 and $106. The current price is far from this range, suggesting that asset managers might be speculating on a near-term recovery towards these gap levels within the current quarter.
On the perpetual market, Solana has tested and held its 2024 low, which the speaker considers an interesting entry zone for those bullish on Solana. This low coincides with a significant semi-annual fair value gap on Solana, which the speaker believes represents the bottoming zone of the bear market, estimated between $79 and $28. The speaker anticipates asset managers increasing their long exposure as prices approach this fair value gap zone.
In the daily chart, the immediate resistance is the last fair value gap that has previously rejected Solana's price. However, a notable development on the CME in early April was the purging of liquidity from the previous month, specifically by recovering March's low. This suggests that the current quarter could be bullish. The March/April closing candle yesterday showed liquidity being taken and closed in the green. The speaker suggests that within the second quarter, prices could potentially move beyond monthly highs, with initial targets at $91 and $98. The market is currently "stuck" within a specific candle, and a recovery towards the previously mentioned gap between $117 and $106 is possible.
Despite these potential upside movements, the speaker personally expects further bearish continuation, believing that neither Solana, BNB, nor Bitcoin are at their definitive bottoms yet. They anticipate a potential retracement, but not necessarily a final bottom. Looking at the dynamics, after stops were cleared, the speaker focuses on weekly lows. One such low was recently "hunted," and Solana has shown some reaction since then, but a true inversion in momentum is not yet evident. The short-term dynamic remains bearish. A crucial level to break is the last descending high. If this level is broken, it would signal a potential move to fill the gap.
The speaker then draws parallels with the Dow Jones, where a breaker pattern (a break of a previous high after a downtrend) signaled an inversion. They are looking for a similar breaker on Solana. Currently, Solana is within a bearish dynamic, and a rejection from the current levels could lead to a continuation below $80. The speaker anticipates a potential inversion signal forming, possibly around a breaker, which could then lead to a test and an attempt to break through the fair value gap. In the daily timeframe, breaking a specific high would create a breaker, signaling a potential move to fill the gap.
The speaker emphasizes the value of the "rapport code" in understanding institutional actions, contrasting it with prevailing media narratives. For instance, despite concerns about the rise in indices, asset managers continue to increase their long positions, having bought heavily during periods of conflict and reducing shorts. This is observed across S&P 500 and Nasdaq, with institutions catching up on Nasdaq exposure. They are also increasing shorts on the dollar, speculating on its decline and a rise in indices, contrary to some media reports. The speaker suggests that dips in indices are currently being bought due to massive institutional long exposure. XRP is also seeing increased long positions, suggesting speculation on filling gaps.
Notably, BTC and ETH are reducing long exposure. This is because they are already approaching or filling their respective gaps, and institutions are taking profits as they get closer. XRP, being further from its gap, has more potential to reach its target. The speaker reiterates that institutions are playing a long-term game. The significant 26% rise in open interest for Solana is considered substantial and worth monitoring.
The speaker also touches upon the US stock market, particularly the S&P 500 and Nasdaq, noting that despite bearish predictions, corporate earnings for American companies are at record highs and continue to grow. This strong earnings performance contradicts the idea of an impending market crash, unless earnings begin to decline consistently. While some tech stocks like Meta have faced scrutiny, others like Nvidia are experiencing unprecedented demand for GPUs due to the AI boom. The speaker highlights the discrepancy between media narratives and the actual data and institutional actions.
The video concludes with a reminder about the upcoming report, the process for gaining access to VIP channels, and the availability of a comprehensive mentorship program. The speaker encourages viewers to like, subscribe, and comment if they found the information helpful.