e-trading academy

07/12/2023

Hanukkah sameach

30/06/2022

: Not much has changed since previous post. Bloomberg headline today saying: "JPMorgan Says ’s Deleveraging Cycle Won’t Last Much Longer". I noticed another $1Bln reduction in total OI, but I still believe the lack of bids and overhead supply won't help much yet.
previous post: https://bit.ly/3OPYuNN

20/06/2022

I am sorry but what happened to the "traditional" hedge fund model, the likes of PTJ, Louis Bacon, Soros etc.. whose biz model was to HEDGE bets with proper Long/short exposure? these hedgies should just call themselves mutual Long-Only funds instead...
https://www.bloomberg.com/opinion/articles/2022-06-15/when-crypto-s-own-hedge-fund-geniuses-failed

A lot of smart investors seem to have forgotten that prices can go down — and keep going down.

19/06/2022

For those of you following my Open Interest/volume/liquidations analysis, here's some updated charts. (this time I am covering but the picture is very much the same for )

07/06/2022

That might be a big story for :
"Epic's PC store will start distributing its first blockchain game "
(also depending on the details, it might be even boost
https://protocol.com/bulletins/epic-blockchain-gala-games-grit

Gala Games' Grit is a battle royale and the Epic Game Store's first blockchain title.

06/06/2022

Nice to see and holding their recent lows this weekend. Rather positive overall. Although, keep in mind that so far the ETH rally is mostly fueled by heavy short covering. I'd like to see a PB to $1920-1950 and then some increase in volume and OI.

31/05/2022

nice 2nd bounce off the weekly price support area. entering a 1st area of resistance where profit taking is recommended. I still think we have some way to go to turn the recent downtrend around. So as always let's be vigilant.

12/05/2022

is trading right into the massive Weekly Price support area. However my OI Vs. Price analysis tells me that we still have roughly $2bln worth of long futures positions opened with an average entry price located between $1700-2300 (approx). IF we don't see any serious cash coming back in NOW at these levels, I'm afraid that we'll start seeing another round of slow from these long holders. Keep in mind that this analysis does not even take into account the spot market, but (I think) it is still quite representative of the overall position of major players. Also, keep in mind that if starts coming under REAL pressure because of the nightmare and the whole controversy, it will accelerate this liquidation process throughout the major crypto platforms out there. So keep an active on eye on it.

10/05/2022

About $1 bln of liquidations in futures open positions in the past 24h, BUT a much better place to start building back long positions We re not out he woods yet. Far from it. But a relief rally of 10-20% from last night Lows is very doable.

06/05/2022

I reckon that there is still something like $700mln worth of Long Open positions in futures/perps to be squared in order to get back to "equilibrium"/base around $2500

21/04/2022

Loses More Than $430 Million on 3-Month Bet.
He ditched his stake in $NFLX after the earning report. On Wednesday, he said his Square Capital Management fund overall is down 2% YTD and that he has learned from past mistakes to exit bad bets early. That's what I call real