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Crypto Market4 hours ago· 4 min read

Meta's Stablecoin Play: My Levels for the Coming Chaos

Zuckerberg is trying again. This isn't just news; it's a signal. I'm watching specific levels on BTC and ETH to see how smart money reacts.

I almost made a mistake this week. Seeing the market pump, with BTC up nearly 5% and alts like ADA ripping over 11%, my finger was hovering over the buy button on a dozen different charts. Pure impulse. But surviving the 2018 crash taught me to filter out the noise. And then, the signal came through: Meta is looking to get into stablecoins again. This isn't just another corporate headline; it’s a potential liquidity event that changes the landscape.

Let's be clear. I don't care about Meta's grand ambitions. I care about what it means for my P&L. Their last attempt, Libra/Diem, was a regulatory dumpster fire. But they're not building this time; they're looking to partner. This means they could integrate an existing stablecoin into WhatsApp, Messenger, and Instagram. That’s billions of users. The on-chain data doesn't lie—liquidity is everything. As I mentioned in a note to my group last week, the real catalyst won't be a new product, but the integration of an old one. This news is a long-term bullish validator for the entire space, suggesting that big tech sees crypto not as a threat, but as an inevitable infrastructure layer. It’s the kind of development Luna Park has been tracking in the DeFi space for months—the convergence of TradFi and decentralized rails.

While the market digests that news, the charts are already moving. Last week we saw a textbook consolidation break. My bitcoin price prediction this week hinges entirely on whether we can hold the new support levels we've established. This isn't a time for guesswork. I'm looking at the data.

  • Bitcoin (BTC) Key Support: The $65,800 level is now critical. It was previous resistance, and a successful retest and bounce is my primary long signal.
  • Bitcoin (BTC) Resistance: We need to see a clean break and hold above $67,500. Above that, the path to $70,000 looks clear.
  • Ethereum (ETH) Key Level: ETH is lagging slightly. The line in the sand for me is $3,550. Until we're firmly above it, I'm cautious.
  • Sentiment Check: My favorite crypto market sentiment indicator, the NUPL (Net Unrealized Profit/Loss), is sitting around 0.58. This is the 'Belief - Denial' phase. It's healthy. It tells me we have room to run before we hit the greed-fueled mania top.

Everyone is asking about the bitcoin vs ethereum comparison right now. ETH showed a strong bounce, but from my perspective, BTC is the cleaner trade. It's leading the market, and institutional money flows there first. I'm holding my core BTC position and waiting for ETH to prove itself by breaking that $3,550 resistance with conviction. Until then, it's just a high-beta play on Bitcoin's direction. I've been burned too many times on altcoin laggards to jump in prematurely.

***

I'm looking for a long on BTC. Simple as that. The trend is my friend, and the trend is up. I'm not buying the top of this green candle, though. I'm waiting for a pullback to a logical entry. My plan is to set bids around the $65,800 - $66,100 zone. My invalidation—my stop loss—is a firm daily close below $64,900. If that happens, the bullish structure is broken, and I'm out. My first target is the local high around $68,500, and if we get momentum, I'll be looking at $71,200. Of course, this all depends on the macro environment. As Jake Morrison keeps reminding us, a hot inflation print or a hawkish Fed statement can wreck the best-looking charts.

The market doesn't care about news headlines. It cares about liquidity. And Meta partnering with a stablecoin provider is a firehose of potential liquidity.
— Marcus Cole

The Meta news is a long-term signal, but my trade is based on short-term price action. That's how you stay profitable. You respect the macro narrative but execute on the micro structure. So, my question is this: if Meta anoints an existing stablecoin (say, USDC or even a decentralized one), does that project become a permanent fixture in the top 10, or is it just a temporary pump fueled by corporate vaporware?

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