eBook Bitcoin & Ethereum Trader: Trading Bitcoin and Ethereum Based on Technical Analysis, Market Sentiment, and On-Chain Data

Throughout history, technological advancements and innovation have created unique investment opportunities. The decentralization of the financial industry represents perhaps the greatest of them all. Given the current pace of adoption and the power of the network effect, Bitcoin and Ethereum stand out as the most promising candidates for long-term success.

■ Buy it on Amazon for $4.23: ► https://www.amazon.com/dp/B09DQ54897

More About the Crypto Trading eBook

The book Bitcoin & Ethereum Trader provides all the essential knowledge required to successfully trade the two leading blockchain protocols—Bitcoin and Ethereum. It offers a comprehensive approach by integrating technical analysis with fundamental insights, on-chain data, and market sentiment.

• CHAPTERS:

Chapter 1 begins with an overview of the crypto market cycle. The crypto market cycle is relatively short, typically lasting only four years. This chapter also covers seasonal patterns. Historically, Bitcoin performs strongly during the fourth quarter of the year, while Ethereum tends to excel during the first half of the year.

Chapter 2 outlines methods for identifying market trends. It also introduces a new chart type that is particularly effective for analyzing volatile asset classes. This chart, called PriceMomentum, integrates price momentum with periodic volatility for enhanced insight.

Chapter 3 presents a variety of techniques for detecting market tops and bottoms at an early stage, beginning with the critical role of trading volume. You will also be introduced to the innovative RSI Precision indicator, the MACD, and the Wyckoff Schematics, which are especially relevant in the cryptocurrency market.

Chapter 4 explores the power of on-chain analysis. You’ll discover several on-chain indicators that can help forecast market tops and bottoms, including the Puell Multiple, NVT, Unrealized Profit/Loss, and others.

Chapter 5 focuses on the role of derivative products in the cryptocurrency market. It explains key concepts such as Open Interest and the Commitments of Traders report, and provides guidance on interpreting significant premiums or discounts in Bitcoin futures.

Chapter 6 delves into the impact of Bitcoin dominance on the overall market cycle. Historically, each major cryptocurrency bull market has been preceded by a Bitcoin rally and a rise in Bitcoin dominance. While history may not repeat exactly, recognizing these patterns can be extremely helpful in timing investment decisions.

Image: Bitcoin Dominance & PriceMomentum BTC/USD chart

Chapter 7 explores market sentiment. You will learn how to distinguish between expert sentiment—which you should generally align your trades with—and public sentiment, which you should typically trade against. Additionally, tools like the Fear and Greed Index and crypto funding rates reveal the expectations of retail traders and can often signal overbought or oversold market conditions.

Chapter 8 analyzes the relationship between cryptocurrencies and traditional financial markets. Liquidity in global markets behaves like water in communicating vessels—it flows and redistributes across asset classes. However, since each asset class has a unique risk/reward profile, the impact of liquidity inflows varies across markets. This chapter also examines the correlations between Bitcoin, the US dollar, gold, and equities.

■ Buy it on Amazon for $4.23: ► https://www.amazon.com/dp/B09DQ54897

■ eBook: Bitcoin & Ethereum Trader (2021)

By George Protonotarios