$BTC is ripping and alts are pumping at the same time. Normally when Bitcoin moves this fast, alts get drained. Liquidity rotates out, capital chases BTC, alts bleed. Not this time. The entire market is moving together. BTC up, alts up, breadth expanding instead of narrowing. That's not typical rotation behavior. Could mean real risk appetite is coming back into the market. Could also just be a squeeze that gets given back the second BTC cools off. Watching closely to see which one it is.
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BTC trading around $64K, squeezed between the bear market resistance band ($69K, falling) and the 200-week MA ($63.7K, rising). These two lines can't converge forever. A breakout decision is coming in the next couple months: break above the band, or break below the 200W MA. History says August is the tell. Every midterm year August since 2010 has been red (2022 down 15%, 2018 down 15%, 2014 down 18%). July was green like usual. Onchain resets like MVRV aren't fully done yet either. Not a prediction on timing, just watching which way this squeeze breaks.
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James Richmond | Crypto Trader & Market Analyst retweeted
🎙️ The Trading Floor – Episode 1 is live soon. BitMEX. BitMart. The trust reshuffle is happening. What’s the real lesson for traders right now? Join us with @CryptoKid & JRCRYPTEX as we break it down. 📅 August 6 🔥 Drop a fire if you’re tuning in. 🎁 $500 prize pool up for grabs See you on the floor.
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Peace sounds a lot like this
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freedom is owning your choices
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James Richmond | Crypto Trader & Market Analyst retweeted
Replying to @CryptoKid
On The Trading Floor 🎙️ Joining us: • @CryptoKid — Bitcoin analysis & market news • @_jrcryptex — Trading strategies & live analysis BitMEX. BitMart. The trust reshuffle. What does it actually mean for traders? See you on the floor.
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I've been putting GPT 5.6 Sol through my usual coding workflow, and the results have been impressive so far
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The UK will adopt a "no gain, no loss" tax treatment for eligible crypto lending and DeFi liquidity pool transactions from April 2027 Is this a big win for UK adoption?
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Maybe the biggest unlock for Robinhood Chain isn't another launchpad it's the first native token to get a Robinhood listing
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Networking isn't about finding someone who can help you It's about giving someone a reason to remember you By the time an opportunity comes up, nobody feels pressured. Working together just makes sense
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feels like Trump admin may be influencing oil markets during the conflict. Makes it a tough market to trade
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Bonk ran to $800M in 2023, small cap memes were smashing past $10M. When a handful reached billions it turned into absolute madness Do you think the same cycle could be repeated on Robinhood?
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the same people who wrote crypto off will be posting like nothing happened once the market gets going again
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Solana overtook BNB in on-chain activity last month and continues to lead
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$CASHCAT just dropped over 50% in two minutes on Hyperliquid perps Perps is not your friend
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Claude Opus remains my choice for deeper work, while GPT 5.6 wins on speed and daily workflows
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who are we supposed to believe?
JUST IN: 🇮🇷 Iran says the Strait of Hormuz is closed until "stability is restored." 🇺🇸 US says the Strait of Hormuz is open to all vessels.
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England have been one of the standout teams in the tournament so far, and Norway have been impressive too. Who takes it?
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