#BTC short-term play: Hit 113,800 overnight, aiming for 115,800 by tomorrow morning. Everyone's shorting—sometimes a good squeeze is just what we need.
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A friend in my group reminded me of the risks of using Mystonks as a proxy. It's like me buying on Mystonks, then Mystonks finding a broker to buy, then the broker buying US stocks. If there's a problem with any of the intermediary channels, control will be lost. I personally believe that many of these transmission issues pose risks in the web3 industry:
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$ETH Took out a big liquidity cluster around that $4.4K area. This was by far the largest level and has been paired with some big liquidations the past 48 hours. Generally these are decent bounce area's but we are heading into the weekend so that one might continue to be somewhat choppy. Below there's still a decently large cluster at $4150 which would be about the lowest I'd want to see this go in the short term to still maintain the bullish market structure and breakout of the cycle highs. Daily closes below that point would not be good in my opinion.
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