Transcription
Today, we're taking stock of the altcoin market, especially on indices that I really appreciate. Also, we'll take a look at some altcoins that are approaching key levels. These will be zones that are extremely important, especially for the end of the year. Are we simply witnessing a rebound or a recovery as well? That's what we'll try to analyze today and identify key levels for this end of the year. Just before we start, I remind you that our algorithm service is still available. You keep 100% of the gains. We have the LIM algorithms that made 31 TP last week and the SPT algorithms that made +7.97R. This means they generated almost 8 times more gains than the risk taken on each trade. Obviously, past performance does not reflect future performance. This is just a transparent follow-up of our results, which are available on Discord every week in the weekly results channel right here. To access it, it's free. It's the first link in the pinned comment. All useful links concerning my content will lead you to this page. You just need to register on Bitgate via our partner link. It's the first link right here. Make sure to go through this link, otherwise it won't work. So you create your account. Once your account is created, you just need to look at this little link here. Algo Trading, mentorship, VIP, Alcoin and Crypto. And it's a short video that explains how to configure the algos but also how to get the mentorship here, which will allow you to train yourself from A to Z. There are 24 video courses waiting for you, and you will also have access to the VIP Alcoin on Discord. This is where I will share the best opportunities on the market from my point of view.
So, to come to the Alcoin market here, we are on the index, so we can already make a small comparison with Bitcoin. We can see that it's struggling a bit more because when I compare the two, we can see that we've come back to Bitcoin's level, almost to this level of October 13th. Whereas here, we can see that on Oders, we're a bit behind. Well, nothing too dramatic, it's just that for now, on this pump, Bitcoin is stronger than altcoins. So that's the first thing we can note, but above all, the huge zone of interest for Bitcoin will be the bearish fair value gap here, which triggered our crash on the entire market, and which will be an extremely important zone. And on the altcoin market, it's exactly the same. That is to say, if we are really bullish, we are supposed to make our bullish structure, our W bottom, and calmly go back up and thus reach a new high above 342 billion, the level of September 18th, 2025. However, if we are not bullish at all, we will witness a trap: consolidation, manipulation, expansion. And you can see this on many altcoins. That's what I'll show you next. And why am I talking about this zone? Because in fact, it's already the zone that is super important on Bitcoin, but also super important on altcoins because if we get rejected here, the market's objective will be to work the wick. So this huge wick here that we left on our crash, the market's objective would be to purge the stops, make a fake pump before making a new bearish leg that will work this wick. Again, if we come to work this wick, it's not the time to panic. These will be extremely interesting zones on the Alts market. I don't know if we'll get there, but if we do, we must seize the opportunity.
And so, I have other indices that I really like, notably the coin 50, and we see that the same zone is here as well, the fair gap, we have consolidation, and what we want to avoid at all costs is consolidation, manipulation, expansion. What we really want is for the W bottom to form, for us to break it, whether there's a pullback or not, but for the zone, if we retest it here, to be maintained and for us to continue towards the ATH and keep rising. Because here, on this index, for example, on a weekly basis, we can note that if we manage to maintain this weekly fair value gap, a new ATH would be entirely possible, and that would be positive for the Alts market. In short, it would have been a large liquidity grab, bullish continuation. However, if we are rejected by this weekly high, then there is a much greater chance of a bearish continuation. Whoever tells you "I am sure this will happen" is a liar because we cannot know exactly how the market will react in this zone. That's why we need to observe it and be very attentive, unless they are convinced of something, but that's a personal bias, so it's completely different. I remind you that this week we have the FOMC, so the interest rate cut is already decided. It's not because the Fed will lower rates that it will go to the moon. You need to understand that well, because people say "Yes, the Fed will lower rates, so the markets will explode." It's already priced in, meaning the market has known for weeks that rates will be lowered. For weeks, we've had over 90% probability here on these tools for a rate cut. However, what will be interesting is the discourse. Will the Fed start talking about stopping the withdrawal of liquidity? So the end of QT, that's the most important thing for the coming weeks. That's what the market is waiting for. So that's very important for the future. And also this week, we will probably have a deal between the United States and China. So again, we'll need to get more information about this deal to know if it can create inflation, etc. Because if the tariffs are quite high, I'm saying something stupid but giving an example. Imagine the United States and China agree on tariffs of 30%, for example, well, that will create inflation in the United States. And so the market will price in potential inflation, which is already starting to rise again here on indicators like inflation. So it's important to observe all of this.
And so, on your altcoins, you will observe exactly the same zones. So, for example, if I take Morpho, it's a bit different. If we take AAVE, for example, the fair value gap of the crash, these are really the important zones. If we want to go back up, meaning to reach the highs that accumulated before the crash, we need to break this bearish fair value gap candle that formed during the major crypto market crash. This would allow us to reach the stops higher and have a bullish continuation. Because if we just recover the stops and then there's a rejection from the fair value gap, well, there's a chance afterwards to come and purge the lows and work this wick. Also on your altcoins, observe the funding rates carefully, it's very important. For example, you take any asset. Well, I'll take AAVE here. Let's take a look. You can see here that on AAVE, for example, on Binance, the funding rates are negative. So that's quite interesting. On BBIT, it's neutral, even a bit below neutral. Hyperliquid, same, we have funding rates that are quite neutral. If on your altcoin, you see that the funding rates start to increase, you need to start paying attention. Funding rates are excellent indicators of market excess on derivatives. It's often at that point that your asset corrects. For example, TAO, we see that on Hyperliquid, the funding rates are starting to increase. So this indicates that people are trying to capture the next upward movement with leverage. For example, the last time, when we were at $460, the funding rates started to explode. That's where we marked a top and started to correct. Okay, so this is extremely important to observe. Funding rates are super important. Look at this on all your cryptos, it's really the indicator.
And also, as I repeat, you need to observe the crash zone, the large fair value gap, precisely to avoid a second crash, because as long as these zones are respected, be careful. And so, there are altcoins that have managed to break through these crash zones, notably, I had mentioned it, there was TAO, which was extremely strong. TAO is the opposite. Since there is no more bearish fair value gap, we broke through the crash zone. There was what's called a breaker here that the market came back to retest. And so, what you observe on an asset like TAO is its fair value. As long as it's maintained, its fair value and the first stop, so the 38.2% Fibonacci retracement, there's a real chance to try to break our range, for example on TAO, we talked about it, and to have a future bullish leg. But this, of course, requires breaking the resistance, but also absolutely maintaining the daily fair value gap, and of course, we will need to observe Bitcoin's reaction in the precise zone that I indicated. For example, an interesting asset, notably BGB, personally I find it interesting, this large consolidation here forming a huge range, and at some point, it could mark a breakout. I think this is a long-term channel. Yes, it was the long-term channel on BGB, the long-term progression channel. But there you go, you see the range well. If one day it breaks upwards, that could form a new bullish leg. For example, Solana, same, we need to be careful here with this crash candle. So again, you locate the stops in this crash candle here. $211 will be an important zone to observe because if the market just purges the stops but is still rejected in the crash candle, it can indicate that it has cleared out the sellers and will then try to liquidate the buyers because we left stops here. We don't necessarily have to go back there, but if we do, it would obviously not be positive, and we would recover these stop losses. So it will be extremely important to observe the reaction on Bitcoin and on your altcoins as well. You can also observe the funding rates on Solana, for example, if they are negative, it could be interesting to continue pumping and go a bit higher. Here, we see that the funding rates are neutral, so there's no excess here. That's a good thing. So pay attention to that. You have a link on CoinGlass here for funding rates. You can check the funding rates for all assets. For example, here we see that the funding rates are really not positive. They are mostly negative or neutral. So this indicates that there isn't too much FOMO on the market for now. So that's encouraging. When you start to see very positive funding rates, especially on the funding rate heatmap here, when the colors turn warm, it really indicates that the market is starting to overheat. Here, for example, over the last 6 months, we can see that in September, we started to have slightly warm funding rates. See the colors are green-yellow here. Well, it wasn't dramatic, but it was starting a bit. Here, we are rather in colors that are quite cold. For now, there's no real reason to say that the market is very, very hot here. You see the difference in color between here and now, it's quite different. So, that's it. So, I'm looking at all the funding rates, there's no excess for now. When we are above 10%, we start to have excess. There are more neutral or even negative funding rates. So that's quite interesting. Compared to before, there were funding rates of 20% and so on, 12.39, you see. So, there were indeed slightly higher funding rates on some coins, not all, but these can be early indicators. Same in July. You see here, it was very hot, 20, 30, 40% and so on. So, the market is starting to be overloaded on derivatives, which is not the case for us currently.
I'll stop here for today. I hope you enjoyed it. If so, don't hesitate to smash the thumbs up, subscribe, and leave a comment. Thank you very much to those who play along. I remind you of all the links in the description box, there's plenty of free content for you. We'll see you very soon. Have a good day.