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And hello everyone and welcome to Vision Crypto on this Friday, September 12th, with this map that is quite green. That is extremely pleasing. We have relatively interesting volumes. 48.73 billion on BTC and almost 36 billion on Ethereum. And you will see that graphically, at least, it is relatively bullish. Even at the macroeconomic level, but graphically, I am more and more bullish. You know very well that for quite some time now, I have been telling you that we can go and seek this liquidity to the south. So for now, be careful, I still think we can go and get it, but we have to admit that for now, the market is proving me wrong. We did the opposite. We went to seek liquidity to the north, both on BTC and on Ethereum. We will go and see that right away on the charts.
So, we are now on BTC today, and clearly, what happened on BTC? I told you that we had the three previous highs here. We needed to break above them to potentially have a trend reversal. A short-term trend reversal. And indeed, that's what we did. In addition, we had a nice pullback, as you know, on the previous high here. So, I told you yesterday that it was very positive, and we continued to push and went to seek liquidity a little higher. We kind of ignored the short RLZ here. Well, not ignored, we entered here, we were rejected a second time, we were rejected, we stagnated, and then we pushed to go and seek more liquidity to the north since there was still a lot of liquidity to recover. We did, however, completely fill the CME gap. Look here, we completely filled it to the exact pip here. So that's it, we can finally remove it here as well. We will remove it. It is completely filled. Currently, we are still in the short RLZ, so we can still go lower because if I switch to a larger timeframe, we see that we just made a wick, meaning we came to capture liquidity and ultimately stayed in the short RLZ. So be careful, we can still grind lower. Now, since we have recovered liquidity to the north, being rejected like this is not necessarily very positive, and the worst will be on Ethereum. But be careful, once again, for now, it still remains relatively bullish.
Today, what is complicated is what? It's simply that we have an upward acceleration. Okay, we can't deny it. It's relatively bullish graphically, and it's also relatively clean. So, we have this feeling of saying, "Well, that's it, we can potentially go up again and seek the previous highs and perhaps even make a new ATH." Knowing that, as you know, we are supposed to have a big upward push to go up to September 22nd to 29th and normally make new highs if we follow liquidity and the global M2. So now, as you know, we always have to adapt to the market, and I think that potentially we will have a slightly different scenario, a scenario that I will present to you on Sunday. So don't hesitate to click the subscribe button. You know that on Sundays, we go a little deeper and we look at things from a slightly longer-term, or rather medium to long-term perspective. And so I will present the scenario that I have in mind. So for now, what am I? Well, I am relatively bullish. All the data shows me that we can be bullish. Be careful, just because we can be bullish doesn't mean we won't have a small correction and then move up again. But as I told you, I was waiting for signals to become bullish again. Well, I am becoming bullish again now. Again, this doesn't mean there won't be a drop when Jerome Powell announces the interest rate cut. Now, we don't know if it will be 0.25 or 0.5. Again, we will see that on September 17th. But there you go, particularly on BTC, I am relatively bullish. Be careful, again, this doesn't mean we won't come back a little lower before potentially having the big, big upward push.
Let's move on to Ethereum. And this will be very important too. I will switch to 1 hour. I had marked all the liquidity points here. We had made more than 4 points high, if we count this one where there was a lot of liquidity to recover. What Ethereum did here yesterday. I told you in the daily that what not to do was to capture this liquidity and fall back down. For now, well, we are holding up quite well. So again, this is relatively positive. I'll remove these little liquidity lines here. You can still see that there was really a lot of liquidity to recover, and there you go, we have recovered it exactly, and for now, we have stagnated above it. You see, we came to seek this liquidity and we came back exactly here on the previous highs, and for now, we are holding above. So this is also relatively positive. I can remove this. What I didn't want, again, was to re-enter below because otherwise, we would have just done a liquidity hunt, and re-entering would have indicated that we might go and seek all the liquidity at the bottom instead. Exactly like on BTC. We'll see if it holds. BTC has held up quite well. You see, we had the bounce and we had an acceleration. Now, we are waiting for the same thing on Ethereum. We had the pullback, and now we would like to have the bounce to go and seek liquidity a little higher. So, in fact, this confluence, between the fact that BTC is bullish and the fact that Ethereum is also bullish, is exactly the movement we wanted to see. Well, this is what is also giving me this bullish sentiment.
Also, what we can see that is relatively bullish, again, is Total 3. I told you here that we were in a compression triangle and that if we broke it, there were high probabilities of an upward push. And there you go, look, we had this upward push. We had exactly the pullback. Look, if I switch to 1 hour, we had exactly the pullback here, and then we pushed, and look, we are having consecutive green days. We are really, really not far from the ATH. We have captured the previous highs here, and you see that we are really not far from the ATH. If I switch back to 1 hour, we are only hop here, we are only 1.80% from the ATH. So we are really not far, and it can go very, very fast. And once we are in price discovery, meaning here, in price discovery, meaning we will have made a higher high than the previous ATH, then we can potentially explode and have an altcoin season. Again, we will talk about this on Sunday with the BTC scenario that I see. It will be very, very important. So don't hesitate to click the subscribe button so you don't miss this video because I think it will be relatively important. So we have BTC which is structurally positive, we have Ethereum which is structurally positive, and we have Total 3 which is structurally positive. So it's not difficult, clearly, to be bullish or to still think that we will go and seek lower lows. I won't say more for now, we'll see on Sunday for the rest. So we have captured a maximum of liquidity. And know that there is still a lot left. If I switch to one month here, we will see that there is a lot, a lot of liquidity to the north. Look at this. How much we are covered. So yes, when we look at small timeframes, we see the liquidity of the last week, for example. But if we look at one month, we clearly see that the liquidity is to the north and it is really, really covered. So pushing up to 120, 122, 125,000 to make a new ATH without any problem. It can go extremely fast. If there is no sell the news next week and if, for example, Jerome Powell lowers it by 0.5, be careful, these are just suppositions, then we could see BTC explode upwards. Again, I will talk about all of this on Sunday.
Let's move on to liquidations. Well, of course, it's the shorts that got caught. 215 million shorts liquidated against only 120 million longs, for a total of 335 million. We don't have an absolutely enormous short squeeze either. For now, we are not seeing 400 or 500 million liquidations in one direction or the other. So I find that it is still relatively low. Yes, even if these are still large sums, I personally find it relatively low. We should see more liquidations.
Also, what is positive, look, is that the price is supported both on BTC ETFs and on Ethereum ETFs, there are inflows coming in. So look, the day before yesterday, we had 741 million in inflows. Yesterday, we had 552 million in inflows on the BTC ETF, and for Ethereum. The day before yesterday, we had 171 million, and yesterday we had 113 million. So it is still relatively positive that inflows are returning to the ETFs, and this makes me even more bullish. The market sentiment is relatively mixed, and I can understand. Clearly, we have a small push. Many people don't want to believe it. I am a bit in that situation. I still think that we have a lot of liquidity to the south, but consequently, I have looked at new scenarios that could happen, and I still think that we have to take what the market gives us, again, and that even if we leave a lot of liquidity to the south, there can be other scenarios, and it's always when we think that we cannot leave liquidity or we cannot go up now while leaving all this liquidity, that the market does what we don't think is possible.
Let's move on to the news with BlackRock, which will tokenize funds with real-world assets and stocks on the blockchain. We know this well, and I reminded you, I think, yesterday or the day before yesterday in the daily, that BlackRock was all in on RWA, and therefore, I thought that the RWA narrative would be the next narrative that would explode, and it will explode. Why? Well, particularly because of institutions like BlackRock. So this is very positive for the RWA narrative. We continue with the President of the ECB, Christine Lagarde, who is calling on European governments to quickly establish the legislative framework for the potential introduction of our digital euro. And yes, the population must be controlled as quickly as possible. Europe is not changing course. They see the wall coming, and they absolutely must run into this wall. It apparently suits them perfectly. So I am truly sorry for the people who will remain in Europe, but this famous digital euro will be implemented sooner or later. They are doing everything, in any case, to implement it as quickly as possible, and it will, of course, as you know, be a catastrophe for individual freedom.
Let's continue. We are not here to talk politics, and we have macroeconomic data, and the GDP from the US Department of Commerce will now be transmitted via Shenlink. We had seen that Shenlink and Pit Network were going to be used by the US government. And there you go, the concrete use is starting. As usual, what always pleases me is the fact that the real world and traditional finance are using blockchain technology. You know, this always makes me more bullish for the future.
Also, look at this chart, which is also relatively bullish. We saw that the sharks are the sharks. So, we are not talking about whales here. These are those who own 100 to 1000 BTC. So which is already absolutely enormous. And well, look, this orange line here, they have accumulated, accumulated, accumulated over the last 7 days. They bought 65,000 BTC, and you see it was very, very fast here. They have accumulated a lot. And this also makes me relatively bullish because even if they are not the very big whales who own more than 1000 to 10,000 BTC, 100 to 1000 BTC, it still moves the market. And so, given the accumulation that has occurred, I think a strong rise could potentially happen. And this, well, this is additional data that makes me change my mind and makes me say that we might not go and seek liquidity to the south right away and that we could have a big upward push.
That's all for today's daily, team. Feel free to give me your scenario in the comments, and again, as I said in this daily, we will go into more detail on all of this on Sunday. You know now, on Sundays, there are not necessarily any news, there are not necessarily any movements. So, we analyze a little more in depth and we will look at the medium to long term of what can happen in our cryptocurrency ecosystem. On that, be careful, it's Friday, there can be volatility in the markets. I'll see you tomorrow in the daily, and above all, above all, stay curious. Ciao!