DoubleEdge

Now that we have a short thesis on $FHE, they’ll probably front-run me and then send it to zero. FHE community gonna love this one.

Now zoom out. FDV expanded from ~$20M → $200M+ in weeks. But fundamentals didn’t change: • No revenue • No real adoption • Testnet + narrative only Price ran faster than reality. Mean reversion usually follows.

Disclaimer: I have a position (shocker). Have your invalidation and take your fucking profits. Market can always change, re-think your thesis, cut it or boost it, size it properly. Good luck with $FHE.

Look at LTF on $FHE 👇 • Open Interest rising into resistance • Perp CVD green → aggressive longs • Spot CVD red → spot selling • Funding positive → market net long

Let’s talk about $FHE and why I think this is a great short setup with clear invalidation. Price is rejecting a clean HTF supply zone. We’ve already seen: • Expansion + liquidation wick → dump • Range → lower high • Now price back at resistance, not acceptance

$BTC update If you’re a level-to-level (horizontal) trader this chart can help navigate current price action. The key S/R zone is clearly around $74k. The 2024 range sits roughly between the $70k–$50k area. Ideally, I’d like to see a dip below $70k and quick reclaim back. If we

$Silver is in a very similar situation to gold but slightly weaker due to its higher beta. Essentially, it’s showing the same pattern as gold the peak trading volume occurred in the wick, and price is currently sitting at the first area of support (base).

$Gold update: price is bouncing from the first major structure zone around $4500, where the SMA is also sitting. This could act as a solid area for a relief bounce. If this level fails the next key structure support lies near $4196 programmed.

$IRYS 🤝

ETH/BTC is losing a key HTF level a major signal of weakening altcoin strength.. Currently programmed around 0.025

If $USELESS takes the previous low and aims for ~$38M market cap, I’m gonna hit a limit order a bit below there.

Lot of low caps #Altcoins having short squeeze momentum. $ZK $ZORA $BULA

$BTC tapped a key spot demand zone around $75k heavy limit orders sitting here. If this level fails to hold on HTF, we could revisit the prior structure in the low $60k region.

$USELESS 🤝

How low can #Altcoins go? Heard #Altseason is coming but in wrong direction

Little bit late to $IRYS but looking good here on HTF.

Everything red but there is $IRYS taking the #CryptoMarket downfall like a champ. Hopefully not just lagging tho.

UPDATE: $USELESS hitting $50M market cap today. Remember the euphoria around $400M MC when everyone was calling for $1B? I do. Still, it was great vol to trade directionally. New year gave us a dead cat bounce. If we hit $40M MC today, I’ll bid a bit just in case.

$IRYS Looking good here imo 👌 Filling the liquidation wick would be beauty.