Stormrake - Insights #HeyAnonStormrake - Insights #HeyAnonhttps://www.stormrake.com/blogs/tag/heyanonThu, 16 Apr 2026 03:40:56 +1000http://zoho.com/sites/<![CDATA[A Crypto Market Shaped by Trump]]>https://www.stormrake.com/blogs/post/A-Crypto-Market-Shaped-by-Trump
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These past few days have underscored just how much impact a single individual can have on the market. On Saturday morning, Donald Trump announced via X (formerly Twitter) that he was launching his own memecoin, TRUMP. Initially, many were sceptical, questioning whether his account had been hacked. However, as the hours passed, TRUMP’s price soared. In less than 48 hours, TRUMP skyrocketed from $0.18 to a staggering $76, catapulting it into the top 15 cryptocurrencies by market cap.

Since TRUMP was launched on the Solana network, SOL reaped significant benefits. Riding the momentum of the listing, SOL surged to new all-time highs, peaking at $295—just shy of the $300 milestone.

The broader market was rallying in tandem. Bitcoin climbed above $106,000, TRUMP coin dominated headlines, and Melania Trump released her own meme coin, which quickly began trending. However, during Trump’s Victory Rally speech, the markets took an unexpected turn. Bitcoin fell back under $100,000, TRUMP dropped sharply from $76 to $30, and Solana faced significant congestion issues.

SOL’s price fell to $247 amid a wave of major on-chain sell-offs into liquidity pools. At one point, the price of SOL on-chain dropped as low as $200—well below its market rate—prompting arbitrage bots to exploit the gap. They snapped up discounted SOL on-chain and sold it on centralised exchanges, where prices remained closer to $250. This spike in on-chain activity caused severe congestion, with Solana withdrawals taking up to an hour to process, compared to the usual few minutes. Phantom wallet users also faced disruptions, with over 8 million requests per minute leading to widespread transaction failures.

Donald Trump is now less than 24 hours away from being sworn in for his second term as President of the United States. His influence on the crypto markets has been on full display over the past few days, and it seems likely to persist throughout his presidency. Some analysts speculate that the absence of cryptocurrency mentions during his Victory Rally speech contributed to Bitcoin’s decline. While this remains conjecture, the theory holds some merit. Many in the crypto space are eagerly anticipating a pro-crypto executive order on his first day in office. However, should these expectations fall short, Bitcoin and the wider market may face a pullback, potentially retesting recent lows of $90,000.

Stormrake Spotlight: Trump (TRUMP) ($48.96)

This week’s Stormrake Spotlight is a no-brainer. TRUMP coin has achieved unprecedented growth, propelling itself into the top 15 cryptocurrencies within just 48 hours of its release. We’ll continue monitoring this phenomenon with great interest.

BTC/USD Key Levels and Price Action:

It’s been a whirlwind for Bitcoin price action. After trading above $106,000, BTC has now slipped back below $100,000 in the span of just four hours. The key support level of $104,000 failed to hold, shifting focus to the critical $100,000 mark. A break below this could see Bitcoin decline further, with a possible retest of $95,700.

BTC Total ETF Flows for 19 Jan: $ (data not available)

(ETF flow data is sourced from https://farside.co.uk/btc/ and reflects figures at the time of writing.)

ETH/USD Key Levels and Price Action:

Ethereum remains locked in a consolidation range, trading around $3,200. Currently hovering just below the key level of $3,207, a sustained move beneath this level could push ETH towards the lower end of its range. The red CPR level at $2,923 serves as the primary downside target.

ETH Total ETF Flows for 19 Jan: $ (data not available)

(ETF flow data is sourced from https://farside.co.uk/eth/ and reflects figures at the time of writing.)
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*All prices are denominated in USD unless stated otherwise*

Written by Alexandar Artis

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No Advice Warning 

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.
Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.
 

Disclaimer 

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.

Copyright © 2024 Stormrake Pty Ltd, All rights reserved
]]>Tue, 21 Jan 2025 15:03:45 +1100<![CDATA[Bitcoin Eyes New All-Time Highs Ahead of Trump’s Inauguration]]>https://www.stormrake.com/blogs/post/Bitcoin-Eyes-New-All-Time-Highs-Ahead-of-Trump-s-Inauguration
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As mentioned yesterday, Bitcoin was battling to stay above the key level and the top of the month-long consolidation range of $100k. It’s safe to say Bitcoin has won that battle and is now positioning itself to set new all-time highs, potentially as soon as January 20—or even earlier.

The past week has been quite the ride for Bitcoin. Initially, it appeared that we might witness a sustained pullback below $90k, driven by bearish news that the US Department of Justice (DOJ) had been cleared to sell $6.5 billion worth of seized Bitcoin. However, this narrative was quickly overturned by heavy buying activity, which saw Bitcoin touch a low of $89.2k. Since then, Bitcoin hasn’t looked back. It has surged 18% from that low in just four days, supported by mass buying and a weaker-than-expected inflation data set released on Thursday morning. Yet, the biggest catalyst of all still lies ahead.

We’ve been tracking the potential impact of Trump’s inauguration for what feels like every day this past month—and for good reason. Many anticipate this to be a bullish event for Bitcoin, particularly as reports suggest Trump is poised to sign a pro-crypto executive order on his first day in office. Unsurprisingly, Bitcoin has already rallied on the hype surrounding this development and could skyrocket further if that executive order is indeed signed on day one. With Bitcoin less than 3.5% away from its all-time high, it wouldn’t be surprising to see it achieve new highs before Trump even takes office. The "Trump Pump" could very well be the catalyst Bitcoin needed to ignite its momentum and really start the 2025 bull market.

Stormrake Spotlight: HeyAnon (ANON) ($20.26)

AI-related tokens have experienced a pullback after dominating the market in recent weeks. Currently, HeyAnon (ANON) is down 20% from its all-time high set just two days ago. However, it’s now consolidating around a key psychological level of $20. If a base can be established at this level and the anticipated Trump Pump materialises, ANON could rally higher once again.

BTC/USD Key Levels and Price Action:

Bitcoin has not only cleared the critical $100k level but has also broken through the key resistance at $104k, which is now being flipped into support. This $104k level is essential for Bitcoin to hold if it aims to create a new all-time high. Encouragingly, the rising 21-EMA is nearing $104k, reinforcing the support and providing an additional buffer.

BTC Total ETF Flows for 17 Jan: $ (data not available)

(ETF flow data is sourced from https://farside.co.uk/btc/ and reflects figures at the time of writing.)

ETH/USD Key Levels and Price Action:

Ethereum has managed to break above its key resistance level of $3,370 and is currently contending with the mid-CPR resistance level at $3,515. If ETH can successfully breach this CPR resistance, the next target lies at $3,557. On the downside, the 21-EMA and 55-EMA should act as key supports for ETH. Should these levels fail to hold, a pullback to the $3,370 key level would be expected.

ETH Total ETF Flows for 17 Jan: $ (data not available)

(ETF flow data is sourced from https://farside.co.uk/eth/ and reflects figures at the time of writing.)
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*All prices are denominated in USD unless stated otherwise*

Written by Alexandar Artis

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No Advice Warning 

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.
Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.
 

Disclaimer 

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.

Copyright © 2024 Stormrake Pty Ltd, All rights reserved
]]>Tue, 21 Jan 2025 14:55:58 +1100<![CDATA[Bitcoin Battles to Hold Above the Critical $100K Level]]>https://www.stormrake.com/blogs/post/bitcoin-battles-to-hold-above-the-critical-100k-level
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Bitcoin remains in uncertain territory, hovering around the key $100K price level. Bitcoin has been stuck in a broader range of $90K–$100K since December 19th. Despite several attempts to break out in either direction—including sharp drops below $90K and rallies above $100K—no sustained movement has emerged.

With just three days until Donald Trump assumes office, speculation is mounting about the potential market impact. Reports are circulating that Trump may sign a pro-crypto executive order on his first day in office. Should this materialise, markets could react in a manner reminiscent of election day, propelling Bitcoin out of this month-long consolidation phase. A sustained breakout above $100K could push BTC back to its all-time high of $108K and possibly beyond, establishing new highs.

However, if the anticipated executive order fails to materialise on day one, it wouldn’t be surprising to see Bitcoin correct back to the lower end of its current range.

Regardless of what happens on January 20th, Trump’s presidency is poised to be a pivotal moment for crypto adoption. As the first pro-crypto President, Trump has four years to deliver on his promises. Bitcoin has thrived independently of government support throughout its existence, and now, with the possibility of favourable policies, the potential for success grows even stronger. Whether or not an executive order is signed immediately, the momentum for pro-Bitcoin policies seems inevitable.

Stormrake Spotlight: HeyAnon (ANON) ($20.63)

The broader AI agent sector has experienced a notable pullback over the last 24 hours, with major AI projects seeing losses exceeding 10%. HeyAnon (ANON) is no exception, currently down 15%. However, ANON has a distinct edge over competitors like AI16z, AIXBT and Virtual: it has yet to secure a listing on any major exchanges.

AIXBT, a leading project in the space, rallied 100% following its launch on Bybit just three days ago. If ANON secures a similar listing, it could follow suit with a significant rally. This presents an exciting speculative opportunity for investors eyeing the AI sector.

BTC/USD Key Levels and Price Action:

Bitcoin continues to battle the $100K level, struggling to sustain a move above it. Overnight, BTC faced rejection at this level and dropped to $97.5K before finding support at the 55-EMA and the middle CPR line. Since then, BTC has reclaimed $100K alongside the 21-EMA.

If this bullish move holds and BTC closes above $100K, the next target lies at $104K. However, failure to sustain momentum could see Bitcoin revisiting lower levels within its consolidation range.

BTC Total ETF Flows for 16 Jan: $ + 88.1 million

(ETF flow data is sourced from https://farside.co.uk/btc/ and reflects figures at the time of writing.)

ETH/USD Key Levels and Price Action:

Ethereum shed 4% from its recent high yesterday and is now at risk of turning bearish. A failed attempt to break the middle CPR line pushed ETH below the key $3,370 level, and it is currently testing the 55-EMA.

If ETH fails to hold this support, it could retrace further to the critical $3,207 level. However, a bounce from current levels could see ETH retest $3,370, with a potential reclaim offering renewed bullish momentum.

ETH Total ETF Flows for 16 Jan: $ - 14.6 million

(ETF flow data is sourced from https://farside.co.uk/eth/ and reflects figures at the time of writing.)
To receive the Morning Note in your inbox, subscribe here: https://stormrake.substack.com/

*All prices are denominated in USD unless stated otherwise*

Written by Alexandar Artis

Create a brokerage account today

Get Started

No Advice Warning 

The information in this newsletter is general only. It should not be taken as constituting professional advice from the author - Stormrake PTY LTD.
Stormrake is not a financial adviser and does not provide financial product advice. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances. Stormrake is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by this newsletter.
 

Disclaimer 

All statements made in this newsletter are made in good faith and we believe they are accurate and reliable. Stormrake does not give any warranty as to the accuracy, reliability or completeness of information that is contained here, except insofar as any liability under statute cannot be excluded. Stormrake, its directors, employees and their representatives do not accept any liability for any error or omission in this newsletter or for any resulting loss or damage suffered by the recipient or any other person. Unless otherwise specified, copyright of information provided in this newsletter is owned by Stormrake. You may not alter or modify this information in any way, including the removal of this copyright notice.

Copyright © 2024 Stormrake Pty Ltd, All rights reserved
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