<![CDATA[A German Publication]]>https://german.substack.infohttps://substackcdn.net/image/fetch/$s_!VXwK!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack.info%2Fimg%2Fsubstack.pngA German Publicationhttps://german.substack.infoSubstackSun, 05 Apr 2026 15:41:29 GMT<![CDATA[Another private post]]>https://german.substack.info/p/another-private-post-11https://german.substack.info/p/another-private-post-11Tue, 17 Feb 2026 23:22:21 GMTFor members only

Read more

]]><![CDATA[A private post]]>https://german.substack.info/p/a-private-post-11https://german.substack.info/p/a-private-post-11Tue, 17 Feb 2026 23:21:21 GMTFor members only

Read more

]]><![CDATA[Post with embeds]]>https://german.substack.info/p/post-with-embedshttps://german.substack.info/p/post-with-embedsTue, 17 Feb 2026 22:52:21 GMTtwitter2
captionedImage
This chart monitors the premium the Bitcoin’s calendar futures contracts trade above the spot markets. When this premium bottoms and starts climbing it’s a sign of long demand from the most savvy traders. Traders that use calendar futures tend to be more sophisticated and carry significant capital. This can be a leading sign the market is about to bottom.
button

Join call

bullet_list

  • Macro structure: HODLer buying has soften recently with this month’s price pull back, however long term holders remain in a region of peak accumulation. Structurally we are still in a bullish macro region. Despite bearish price action the underlying structure has no signs of a bear market.

  • Short term: HODLers have been buying the dip. Coins are moving off the exchanges. Coins held by HODLers have been rising, recovering from recent weakness. Our on-chain Supply Shock valuation model implies BTC is presently trading at a $6k+ discount.

  • Data from derivative exchanges is showing an uptick in demand, a bullish divergence has formed suggesting the bottom may be in.

  • BTC price action expectation: Price recovery from lows with further consolidation over the weeks of December.

  • Price action conviction: Medium.

blockquote

Scenario 2: OPEN below 4504. I think this scenario could be bearish one especially if we fail to take out 4504 within the IB period + trade below 4480. IB is the first hour of trade. In this case my target will be 4462. An impulse move may test NFP lows around 4440.

youtube2
horizontal_rule
ordered_list

  1. If that was not enough, there is a lot of news flow and event risk. At this point, a strong NFP is a liability. A weak NFP may be good for stocks but should not be at the cost of sagging wage inflation.

  2. Expecting balance conditions unless a close above or below my 4536 or 4480.

embeddedPost
Gideon's Substack
Requiem For a Liberal Internationalism That Never Really Was
Chamber of the United Nations Security Council…
Read more
4 years ago · 7 likes · Noah Millman
subscribeWidget

Morning Shots is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

spotify2
opensea
Winter Bear #4394Winter Bears
Winter Bear #4394
Winter Bears is a collection of 10,000 adorable and unique polar bear NFTs available on the Ethereum blockchain. One Winter Bears token is your ticket to future drops, events, and much much more. Joi…
Created by WinterBearsDeployerView on OpenSea
instagram
thespeedproject
A post shared by thespeedproject ™️ (@thespeedproject)
image2
vimeo
footnote
1

What is this strange sensation? Why does this man think everything will work out? Where is the doom and crushing morosity? How does he live like this?

paragraph

THIS NEWSLETTER IS COPYRIGHT © 2021 BY UNIQUE TEXT OFFERINGS (HK) LTD. ALL RIGHTS RESERVED.

]]><![CDATA[The Default]]>https://german.substack.info/p/the-default-11https://german.substack.info/p/the-default-11Tue, 17 Feb 2026 22:52:21 GMTThis is what your post will look like. Here's some sample text in Latin: Lorem ipsum dolor sit amet, consectetur adipiscing elit. Mauris fringilla rutrum viverra. Nulla facilisi. Cras sit amet pulvinar erat. Integer condimentum erat nec metus rhoncus auctor. Phasellus non efficitur nunc. Duis egestas bibendum eleifend. Etiam mollis purus ex, vel auctor erat vehicula vitae. Etiam fringilla quam nisl, non venenatis eros porttitor sit amet. Fusce posuere metus turpis, non fermentum turpis iaculis sit amet. Praesent a pretium diam. Nulla blandit dui ex, non sagittis nisi convallis suscipit. Sed gravida sollicitudin orci, at sagittis neque auctor sed. Sed vel orci sem. Duis quam tellus, interdum ut posuere et, semper nec ante. Nam convallis iaculis ultricies. Nam et lectus vulputate leo pellentesque interdum.

Vivamus et ultricies nisi. Vestibulum aliquet aliquam ultricies. Fusce et erat in felis condimentum tempus. Sed et erat nisl. Nunc purus urna, ornare non vehicula ut, consectetur nec lorem. Nulla condimentum blandit dapibus. Ut vitae purus ac velit elementum volutpat eu at ex. Duis sapien arcu, auctor a purus eget, pellentesque pharetra est. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Morbi fringilla pulvinar neque, a iaculis risus hendrerit eget.

Sed sed blandit mi, sit amet mollis justo. Sed a quam a ipsum tincidunt faucibus. Cras eu tellus ut metus facilisis mattis a ut purus. Suspendisse ultricies, lacus vel interdum dignissim, tortor sem commodo nulla, a pulvinar turpis risus id augue. Etiam sodales, lacus suscipit egestas interdum, libero tortor posuere est, ac sagittis ante ipsum sit amet risus. Proin vehicula accumsan purus in volutpat. Aenean feugiat augue at ullamcorper accumsan. Suspendisse non faucibus sem. Vestibulum molestie interdum ultricies.

Nam massa turpis, egestas at semper ut, viverra at eros. Aliquam finibus mollis metus, non auctor orci blandit ut. Praesent erat arcu, mattis ac pretium vel, porta hendrerit est. Donec convallis sed nulla quis condimentum. Suspendisse est mauris, fermentum sit amet ipsum vitae, maximus fringilla tellus. Morbi ornare purus et cursus hendrerit. Sed eu odio vestibulum, dignissim nulla nec, porta nibh. Aliquam in odio at enim laoreet accumsan sed vel eros. Aenean finibus orci est, vitae efficitur elit iaculis id.

Interdum et malesuada fames ac ante ipsum primis in faucibus. Duis id vulputate orci. Cras luctus molestie sem, vitae posuere odio elementum mollis. Duis et tortor at urna finibus ullamcorper in vel enim. Vivamus non lacinia lacus, tempus porta orci. Curabitur laoreet neque condimentum, ornare eros ut, bibendum nibh. Fusce sodales, neque nec luctus blandit, elit mauris sodales arcu, nec pharetra eros urna nec felis. Praesent vitae metus nec purus eleifend laoreet. Cras lacinia augue a metus sodales, sed scelerisque nisi tempus. Maecenas cursus quam vel arcu varius aliquet. Etiam tempor dictum velit, at aliquet justo fermentum vehicula.

]]><![CDATA[Introduction: The Fairway]]>https://german.substack.info/p/introduction-the-fairwayhttps://german.substack.info/p/introduction-the-fairwayMon, 16 Feb 2026 23:52:21 GMTThe greatest story never told.

]]><![CDATA[A public post]]>https://german.substack.info/p/a-public-post-11https://german.substack.info/p/a-public-post-11Mon, 16 Feb 2026 23:52:21 GMTThis is what your post will look like. Here's some sample text in Latin: Lorem ipsum dolor sit amet, consectetur adipiscing elit. Mauris fringilla rutrum viverra. Nulla facilisi. Cras sit amet pulvinar erat. Integer condimentum erat nec metus rhoncus auctor. Phasellus non efficitur nunc. Duis egestas bibendum eleifend. Etiam mollis purus ex, vel auctor erat vehicula vitae. Etiam fringilla quam nisl, non venenatis eros porttitor sit amet. Fusce posuere metus turpis, non fermentum turpis iaculis sit amet. Praesent a pretium diam. Nulla blandit dui ex, non sagittis nisi convallis suscipit. Sed gravida sollicitudin orci, at sagittis neque auctor sed. Sed vel orci sem. Duis quam tellus, interdum ut posuere et, semper nec ante. Nam convallis iaculis ultricies. Nam et lectus vulputate leo pellentesque interdum.

Vivamus et ultricies nisi. Vestibulum aliquet aliquam ultricies. Fusce et erat in felis condimentum tempus. Sed et erat nisl. Nunc purus urna, ornare non vehicula ut, consectetur nec lorem. Nulla condimentum blandit dapibus. Ut vitae purus ac velit elementum volutpat eu at ex. Duis sapien arcu, auctor a purus eget, pellentesque pharetra est. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Morbi fringilla pulvinar neque, a iaculis risus hendrerit eget.

Sed sed blandit mi, sit amet mollis justo. Sed a quam a ipsum tincidunt faucibus. Cras eu tellus ut metus facilisis mattis a ut purus. Suspendisse ultricies, lacus vel interdum dignissim, tortor sem commodo nulla, a pulvinar turpis risus id augue. Etiam sodales, lacus suscipit egestas interdum, libero tortor posuere est, ac sagittis ante ipsum sit amet risus. Proin vehicula accumsan purus in volutpat. Aenean feugiat augue at ullamcorper accumsan. Suspendisse non faucibus sem. Vestibulum molestie interdum ultricies.

Nam massa turpis, egestas at semper ut, viverra at eros. Aliquam finibus mollis metus, non auctor orci blandit ut. Praesent erat arcu, mattis ac pretium vel, porta hendrerit est. Donec convallis sed nulla quis condimentum. Suspendisse est mauris, fermentum sit amet ipsum vitae, maximus fringilla tellus. Morbi ornare purus et cursus hendrerit. Sed eu odio vestibulum, dignissim nulla nec, porta nibh. Aliquam in odio at enim laoreet accumsan sed vel eros. Aenean finibus orci est, vitae efficitur elit iaculis id.

Interdum et malesuada fames ac ante ipsum primis in faucibus. Duis id vulputate orci. Cras luctus molestie sem, vitae posuere odio elementum mollis. Duis et tortor at urna finibus ullamcorper in vel enim. Vivamus non lacinia lacus, tempus porta orci. Curabitur laoreet neque condimentum, ornare eros ut, bibendum nibh. Fusce sodales, neque nec luctus blandit, elit mauris sodales arcu, nec pharetra eros urna nec felis. Praesent vitae metus nec purus eleifend laoreet. Cras lacinia augue a metus sodales, sed scelerisque nisi tempus. Maecenas cursus quam vel arcu varius aliquet. Etiam tempor dictum velit, at aliquet justo fermentum vehicula.

]]><![CDATA[Discussion thread]]>https://german.substack.info/p/open-threadhttps://german.substack.info/p/open-threadSun, 15 Feb 2026 23:52:21 GMT Read more

]]><![CDATA[Stream cancun Substack stream Iron & Gold cool Legum chatner Substack Chris post la the Fumi la altena la stream Jairaj dodgy the Bernal]]>https://german.substack.info/p/random-post-b36f0245-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f0245-0c5b-11f1-8097-87da7f3249e4Wed, 03 Sep 2025 17:14:44 GMTGrapes are alright i guess.

]]><![CDATA[Substack Legum Fumi Hamish Jairaj the Hamish Legum la dodgy taqueria one stream petition]]>https://german.substack.info/p/random-post-b36f023e-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f023e-0c5b-11f1-8097-87da7f3249e4Sun, 22 Dec 2024 04:47:17 GMTGrapes are alright i guess.

Read more

]]><![CDATA[The Iron & Gold one]]>https://german.substack.info/p/random-post-b36f023b-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f023b-0c5b-11f1-8097-87da7f3249e4Mon, 05 Aug 2024 22:24:28 GMTGrapes are alright i guess.

Read more

]]><![CDATA[Petition is Iron & Gold chatner dodgy Jairaj one altena petition Substack is Nathan is sinocism the Jairaj Iron & Gold Jairaj cancun post petition taqueria altena one taqueria altena]]>https://german.substack.info/p/random-post-b36f0240-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f0240-0c5b-11f1-8097-87da7f3249e4Wed, 17 Jan 2024 08:20:20 GMTGrapes are alright i guess.

]]><![CDATA[Sinocism stream Substack taqueria Jairaj Substack]]>https://german.substack.info/p/random-post-b36f2941-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f2941-0c5b-11f1-8097-87da7f3249e4Fri, 24 Feb 2023 19:42:40 GMTGrapes are alright i guess.

]]><![CDATA[The chatner cool chatner a Nathan Nathan one Iron & Gold cool]]>https://german.substack.info/p/random-post-b36f0238-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f0238-0c5b-11f1-8097-87da7f3249e4Sun, 09 Oct 2022 16:23:15 GMTGrapes are alright i guess.

]]><![CDATA[Legum Nathan dodgy Iron & Gold post shatner Legum altena Hamish chatner post la altena Substack one petition]]>https://german.substack.info/p/random-post-b36f0230-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f0230-0c5b-11f1-8097-87da7f3249e4Sat, 06 Aug 2022 02:45:04 GMTGrapes are alright i guess.

]]><![CDATA[Hamish cool stream Legum is post dodgy one Iron & Gold dodgy Fumi Iron & Gold shatner Jairaj is sinocism Iron & Gold one Iron & Gold taqueria]]>https://german.substack.info/p/random-post-b36f0248-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f0248-0c5b-11f1-8097-87da7f3249e4Sat, 04 Jun 2022 15:23:34 GMTGrapes are alright i guess.

]]><![CDATA[Altena one cool one Nathan Bernal cool cool la Hamish la Substack]]>https://german.substack.info/p/random-post-b36f294a-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f294a-0c5b-11f1-8097-87da7f3249e4Thu, 05 May 2022 07:58:23 GMTGrapes are alright i guess.

]]><![CDATA[Legum petition dodgy is Bernal Bernal Fumi]]>https://german.substack.info/p/random-post-b36f023d-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f023d-0c5b-11f1-8097-87da7f3249e4Tue, 12 Apr 2022 22:32:27 GMTGrapes are alright i guess.

Read more

]]><![CDATA[Nathan cool la Fumi la shatner stream dodgy chatner taqueria taqueria cancun shatner]]>https://german.substack.info/p/random-post-b36f2953-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f2953-0c5b-11f1-8097-87da7f3249e4Sat, 05 Feb 2022 20:02:20 GMTGrapes are alright i guess.

Read more

]]><![CDATA[La cancun is Chris la Substack altena cool Chris Jairaj sinocism Bernal Legum Chris a Bernal dodgy la Bernal Nathan]]>https://german.substack.info/p/random-post-b36f0233-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f0233-0c5b-11f1-8097-87da7f3249e4Fri, 09 Jul 2021 10:21:12 GMTGrapes are alright i guess.

]]><![CDATA[Shatner stream altena Hamish sinocism Substack cancun la Nathan la]]>https://german.substack.info/p/random-post-b36f294c-0c5b-11f1-8097-87da7f3249e4https://german.substack.info/p/random-post-b36f294c-0c5b-11f1-8097-87da7f3249e4Tue, 06 Apr 2021 20:09:06 GMTGrapes are alright i guess.

Read more

]]>