When I first used @Fogo Official to place a few small trades, what stood out wasn’t that it was “just another L1.” It felt more like interacting with an execution venue — orders went through and came back with feedback almost instantly. That experience made me question whether Fogo is really positioning itself at a different layer. From a technical standpoint, $FOGO is undeniably a Layer 1: it has its own validators, produces its own blocks, and runs its own consensus. But its architectural focus — optimizing the SVM, networking stack, and transaction processing pipeline — is clearly centered on one objective: ultra-fast, predictable order submission, matching, and settlement. That’s why I see Fogo as an execution layer wrapped in the structure of an L1. It’s not competing purely on dApp count or TVL. Instead, it’s competing on order flow quality and trading experience. Still, to truly be perceived as a default execution venue, Fogo needs deeper liquidity, stronger dApp support, and sustained volume. Only then will traders naturally think of it as the first place to send their orders. @Fogo Official #Fogo $FOGO
“Yes, September turned out to be a local top, we’re not denying that. But our strategy isn’t about timing the market. It’s about systematically and long-term accumulating Bitcoin, regardless of the price.”
While the 6th of February low could mark a durable bottom, the advance from that low has so far unfolded only in a 3-wave structure and has not managed to break the first Fibonacci resistance at 0.184 USD. Without a clear 5-wave move to the upside, confirmation of a sustainable reversal is missing. An alternative interpretation remains valid in which orange wave 4 has already formed a top and the market is preparing for another leg lower before a more durable low is established. In that case, focus shifts to 0.131 USD as the next potential support, followed by 0.118 USD if weakness extends. A sustained break below 0.140 USD would significantly weaken the white scenario and increase the probability of renewed downside pressure.
The broader i-ii setup tracked since the October 10th low remains highly speculative. Microstructure from that low lacks clarity, and price extremes vary across exchanges, which reduces reliability. A more constructive outlook would require a completed 5-wave advance from a recent swing low, which would indicate that white wave 2 has likely bottomed. For now, price is testing the first micro support zone between 0.140 USD and 0.156 USD. A strong bullish reaction from this area would keep the white scenario valid, potentially forming a flat correction. However, until a confirmed impulsive structure develops, the setup remains speculative and requires confirmation.
BlackRock's AUM is not buying pressure, it is inventory; direction depends on 'flow + volatility'. iShares: IBIT net assets $50,810,649,821.00 (2/19); daily turnover 44,587,859 shares, remaining 30D average 52.868%. The scale is still thickening, and trading heat is retreating first. Crypto.com: BTC at the same window 78,646→68,037 (-13.491%), annualized realized vol 90.291%. The volatility has not been 'institutionalized' and smoothed out, but rather amplified by leverage. Farside: Total net outflow on 2/18 -133.3m, 2/19 -165.8m; IBIT -84.2m / -90.7m respectively. The outflow occurred during the BTC rebound phase, selling was 'packaged', not panic selling of spot; funds are doing basis and repositioning. TradingView: IBIT price $38.02 vs NAV $37.98, premium 0.105%. The arbitrage chain locks the error into a basis point level range, resulting in C: when the premium approaches 0, no matter how large the ETF scale is, it does not provide direction; it provides a liquidity pool that can be traded at any time. $BTC
$BTC No changes. Genuinely think most people are best of to yet again: Set some alerts at important high timeframe levels, maybe set some random low bids, wait for the range to resolve.
Not much to do here besides maybe catching the daily 1-2% move. Obviously this can add up if you scalp well but it's not worth the time & energy for most people.
$SOL – Holding the lows, squeeze brewing? Long Entry: 82.5 – 84.0 SL: 79.5 TP1: 90.0 TP2: 100.0 TP3: 112.0 The dip didn’t get continuation and bids stepped in quickly, which looks more like absorption than distribution. Buyers are still defending structure well and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path. Trade $SOL here
$PePe Price Faces Continued Downtrend Amid Bearish Momentum.
The 1-day PEPE chart shows a prolonged downtrend, with the price declining from recent highs near $0.00000550 to the current level around $0.00000371. The price has been forming lower highs and lower lows, reflecting persistent selling pressure. Recent attempts at recovery, such as the bounce above $0.00000370, have been limited, suggesting the market remains under bearish control.
Looking at the indicators, the MACD shows a negative crossover, with the MACD line below the signal line, confirming bearish momentum. The histogram is slightly improving but remains in negative territory, indicating that selling pressure is slowing but not yet reversing. The RSI is near 37.25, suggesting the token is approaching oversold conditions but not deeply oversold. This combination of MACD and RSI signals supports a cautious outlook, with potential for short-term consolidation before any meaningful upward move.
$SOL Price action suggests that a local top may be in place. The focus now shifts to the key support area, which will determine whether an upside breakout is underway or not. #solana