After today’s monthly closure, the picture is much clearer now! 🔸 Key Observation: Price was rejected again from the same Mid Range level as before. ✅ Only the wick went above — but no body closure, so it’s still seen as a rejection until we get a monthly close above $2750.
🚫 No Altseason Yet This is exactly why I’m staying very cautious on altcoins and not sharing any altcoin trade setups for now.
🌟 My Personal Take: I believe the ETH rally will likely start in late August or early September. That’s when I’ll begin gradually entering altcoins step by step.
🔔 Important Note: ⚠️ No need to panic! Opportunities are always out there — 365 days a year. Until we see a monthly close above $2750, I’m expecting a healthy downside correction first.
BTC/USDT UPDATE! From 20days we are hovering in mans land with no volume in the market. Btc is still rejecting from same curved resistance line. Either we can long from Daily OB Below or we need to close above 91,581 for atleast 2 days. Then we will target mid range and OB #bitcoin #MarketSentimentToday
Those who listened carefully on last Btc result here are the results. Currently we are hovering in buying area 1 as i am a spot trader and prefer spot trading always.
Buying here with 40% of portfolio here with tight SL and if close below the box by today or tommarrow close the trade & next buying box remains the same 71,000-73000. I will buy at that region.
> Currently 13 Jan & 3rd Feb Monday low is taken out ✅ > Rejected perfectly from curved resistance line on BTC✅
ETH Update ⚡️ Once of the most underperforming asset currently with huge hype have taken out almost all the liquidities from January 2024. 1) Weekly OB + Range low tapped and price pumped from the region ✅ 2) Eth needs to reclaim 3080 level for movement towards upside ⏳ 3) Most of major alts bottom out with complete liquidity taken out from 2022 levels ✅
Bitcoin Update 💡 We have seen a flash crash on BTC in the morning today almost $9000. We tapped the range low of this range and bounced again from that region. Few things to understand: 1) Massive Global Liquidity taken out ✅ 2) Range Low tapped & Bounced ✅ 3) Eth & Altcoins Liquidity taken out ✅ 4) Fear & Greed index again at level october 2024 level 🔗
Those who are holding alts need to have a little bit more patience now ⏳ As we have seen almost all downside liquidity is taken on Eth & Alts. #MarketPullback #btc #AltcoinRevolution2028
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