Why I trade BTC, SOL, ETH, TRUMP, and PENGU

And how you can, too!

As a frequent trader, I keep a close eye on coins like BTC, SOL, ETH, TRUMP, and PENGU. These aren’t just random picks; they’re coins I often trade alongside others like ADA, XRP, CAKE, TIA, and AVAX.

Each of these has its own unique rhythm, and understanding how they move is crucial to making informed trading decisions.

Coin analysis with charts

1. Bitcoin (BTC)

Current status: Trading at USDT 102,378, down 1.52 percent in the last 24 hours.

Trend: Over the past week, BTC peaked at nearly USDT 104,000 but has since corrected to USDT 102,378. The chart reflects a consolidation phase.

What’s happening: BTC is experiencing a slight pullback after recent highs, driven by profit-taking and cautious macroeconomic sentiment.

Outlook:

• Bullish: If BTC holds above USDT 102,000, it may retest USDT 104,740 and potentially move higher.
• Bearish: A drop below USDT 100,000 could lead to a test of USDT 95,000 support.

2. Solana (SOL)

Current status: Priced at USDT 251.28, down 2.09 percent in the last 24 hours.

Trend: SOL has been steadily declining from USDT 260 last week to USDT 251.28, indicating a mild bearish sentiment.

What’s happening: SOL is under pressure from market-wide corrections and cautious sentiment despite positive developments like Solana-based token launches.

Outlook:

• Bullish: If SOL holds USDT 250, it could bounce back toward USDT 270.
• Bearish: A breakdown below USDT 250 might see it drop to USDT 240 or lower.

3. Ethereum (ETH)

Current status: Trading at USDT 3,218.67, down 1.83 percent in the last 24 hours.

Trend: ETH has shown a steady decline from its USDT 3,250 range last week, reflecting consolidation.

What’s happening: Ethereum is consolidating in a narrow range as traders await catalysts such as DeFi activity or macroeconomic shifts.

Outlook:

• Bullish: Breaking above USDT 3,280 could lead ETH toward USDT 3,500.
• Bearish: Falling below USDT 3,200 risks a slide to USDT 3,000 or lower.

4. Trump Token ($TRUMP)

Current status: Priced at USDT 37.02, down 16.4 percent in the last 24 hours.

Trend: After surging to USDT 50 early last week, $TRUMP has seen consistent declines, stabilising near USDT 37.

What’s happening: The token remains highly volatile due to its speculative nature and centralised token distribution.

Outlook:

• Bullish: If the hype persists, $TRUMP could retest USDT 40 or higher.
• Bearish: A lack of sustained interest may push it down to USDT 30 or lower.

5. Pudgy Penguins (PENGU)

BECAUSE PENGUINS ARE CUTE!!!

Current status: Trading at USDT 0.0249, down 4.02 percent in the last 24 hours.

Trend: PENGU has declined from USDT 0.028 last week to USDT 0.0249, reflecting profit-taking.

What’s happening: PENGU’s performance is tied to the NFT community’s sentiment and ecosystem developments.

Outlook:

• Bullish: A bounce above USDT 0.025 could lead to USDT 0.027.
• Bearish: A break below USDT 0.0245 might signal further declines to USDT 0.023.

Summary

• BTC and ETH: Consolidating with potential for bullish or bearish breakouts depending on macro trends.
• SOL: Slight bearish bias but holding critical support.
• $TRUMP: Highly speculative with significant downside risk.
• PENGU: Community-driven but vulnerable to NFT market sentiment.

All tokens show a mix of consolidation and corrective behaviour, with the next moves depending on broader market dynamics and project-specific developments.

Why it’s important to understand the range

When trading crypto, understanding the range is like knowing the heartbeat of the market. The range shows you where the price consistently moves between support (the floor) and resistance (the ceiling). Monitoring these breakouts is essential because trading within the range lets you pocket profits in between.

Is this the fastest way to make money? No. But it’s safer and more consistent. Think of it as calculated, reliable wins over time. A small win today might not feel significant, but when you stack those wins consistently, they become powerful. After all, a win is a win, and they add up.

Why charting and lower leverage are essential

In crypto, volatility is the name of the game. Prices swing up and down, offering countless opportunities for profit – but also risks. Without a clear strategy, that same volatility can wipe you out.

Let’s look at SOL, for example. Over the past month, it swung between USDT 170 and USDT 295, creating an ample range for profit-taking. Even catching a USDT 10 to USDT 20 movement on 50 SOL, with lower leverage, could generate USDT 500 to 1,000 in returns.

This is why I advocate for what I call the “lazy strategy“: Chart first, use lower leverage, layer your trades, and HODL. It’s not about chasing highs; it’s about calculated, consistent moves. This approach works because it lets you capitalise on the natural rhythm of the market without being consumed by it. It’s not flashy, but it’s effective.

Why the Crypto to Freedom Challenge matters

The Crypto to Freedom Challenge is something I’m passionate about because it helps people turn crypto into a legitimate source of additional and passive income. The faster returns are a bonus, but the real magic lies in understanding the “how” behind the movements. It’s about learning to see crypto not as a gamble but as a tool for financial growth. Whether you’re trading for daily wins or building a passive income portfolio, this challenge is designed to empower you with the skills to do it.

Why I love crypto

So, why do I like crypto? It’s not just the money – though let’s be honest, that’s a big part of it. Crypto represents freedom. It’s a market that never sleeps, filled with endless possibilities. It’s about empowerment – taking control of your finances in a world that often feels like it’s working against you.

I love the way crypto challenges me to think strategically, to adapt, and to grow. It’s volatile, yes, but that volatility is where the opportunity lies. It’s not just trading coins; it’s trading time, freedom, and potential.

Final thoughts

Trading BTC, SOL, ETH, TRUMP, PENGU, and more isn’t just about the gains – it’s about the process. Understanding the range, charting your moves, and playing the long game with lower leverage are all pieces of the bigger picture. Crypto isn’t a shortcut; it’s a journey. And with the right strategies, it’s one that can lead to consistent wins, financial growth, and, ultimately, freedom.

If you’re ready to learn, grow, and trade smarter, the Crypto to Freedom Challenge is waiting for you. It’s time to turn the volatility of crypto into a tool for success. Let’s make it happen.