According to Miles Deutscher (@milesdeutscher), traders can leverage ChatGPT for cryptocurrency technical analysis by following his detailed, step-by-step guide provided on Twitter (source: https://twitter.com/milesdeutscher/status/1932498124117061962). The guide outlines exact prompts and workflows for analyzing crypto chart patterns, support and resistance levels, and trend identification using ChatGPT. This structured approach can help traders automate TA tasks, improve decision-making, and potentially increase trading efficiency, especially in fast-moving markets.

According to Miles Deutscher, traders can gain a significant edge by actively tracking on-chain flows such as Smart Money accumulations, sudden wallet inflows or outflows, and instances where a single wallet is farming multiple protocols. These practices help identify outlier activity early, allowing traders to react to potential market-moving events before price action fully reflects the change. Miles Deutscher provides a detailed whale watching guide, emphasizing that monitoring these signals is crucial for crypto traders looking to anticipate large price swings or market sentiment shifts. Source: Miles Deutscher via Twitter, May 20, 2025.