$SEI Here, the price is not showing strength, but it has clearly stopped falling.
After the entire distribution and decline phase, the market has entered a zone of absorption: it is slow, it is boring, it is sideways — and this is often how a usable bottom is formed.
It is not a trend reversal. It is not a bullish call. It is simply a possible temporary operational bottom. This is the type of structure I like: little risk below, room above, no story to tell. Easy invalidation.
Bitcoin dominance is currently facing resistance at the daily supply zone of 60% area. If the momentum continues, then we may see it at 58% or lower levels in the coming days. If this happens, then we may see some momentum in alts at least for a short period of time. This bias is valid as long as the supply zone sustains.
Wir, das Handelsteam, haben im wöchentlichen Zeitrahmen einen aufsteigenden Kanal für BLZ/USDT beobachtet. Ein möglicher Durchbruch über den Kanal könnte zu einer Aufwärtsbewegung führen. Denken Sie daran, dass sich die Märkte ständig ändern, also bleiben Sie wachsam gegenüber starken und schnellen Änderungen.