Bitcoin spent last week consolidating after its huge move higher, and Craig sees the lack of a major snapback as a positive sign. The weekly candle finished essentially flat, even after selling following Warsh’s Jackson Hole comments, leaving Bitcoin surprisingly strong but too messy for Craig to trade right now. Instead of forcing a position, he’s waiting for Bitcoin to establish cleaner trend and cyclicity before getting involved again.
While Bitcoin sorts itself out, Craig is searching deeper in the market for the structures he prefers: strong trends, clean pullbacks, good cyclicity, and momentum. He highlights Pump.fun as an example of that structure and discusses Zora, CHIP, and ZRO as charts showing characteristics he watches for, while emphasizing that these are examples rather than trade recommendations. For now, the strategy is simple: stay patient, trade where the clean trends are, and wait for Bitcoin’s next leg.
Happy Hodling, Everyone.
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