There was a significant increase in price from the 62K zone to 82K; however, the price is currently experiencing a pullback after reaching those highs. I utilized Fibonacci retracement levels to maintain a straightforward analysis. The initial level at 77.5K (0.236 Fib) is currently being tested, with the price trading slightly below this mark. It appears that the price may drop to test the 74.6K zone next, which I find particularly noteworthy. If this level holds for a period, we could potentially see a sharp rebound, leading to a new high above 82K. My approach is not solely dependent on Fibonacci levels; I will primarily monitor how the price behaves above the 74K threshold.
Market took a deep to the red, but all of you educated folks reading. These will understand that THIS IS NEEDED, the current flush-out will allow more space for growth to continue and help test higher levels… looks very healthy if you ask me! All bluechip coins closely follow $BTC ‘s lead, so this speaks for everything ( $ETH , $SOL etc.) Stay focused, team 🔥
P.S. we are loading up on certain Low #MemeCoin Alts during this dip, there’s some very easy money to be made short term and we definitely will not miss out on these opportunities.
DM me at https://wa.me/qr/6LRDE7SULTXLH1 or https://t.me/FXATradeAcademy by the end of the weekend I’ll randomly select 5 people who will get to join our team and trade with me personally! All you have to do is send one message saying, “I want to join,” and you’re automatically entered. Simple as that.
Don’t miss your chance — I probably won’t be doing anything like this again anytime soon 😉
$BTC has been hovering around $78K for the fourth day running
Greed is at 70 - yet the market isn’t moving
Because everyone’s waiting: inflation figures are due today or tomorrow, and on the 15th or 16th the Fed is expected to raise rates with a ~60% probability
The following tokens, with the highest value of assets to be unlocked, are scheduled for unlock this week:
• $RAIN — $586.44 million • #ADI — $56.81 million • $STABLE — $25.66 million • $HOLO — $12.01 million • #UP — $11.36 million • $APT — $6.43 million • $JTO — $5.02 million
Chart Analysis: The #APT price is currently trading above the significant level of $0.58. Should the price maintain this level during a correction, the uptrend is likely to persist.
Entry: A long position may be initiated close to the $0.58 level.
Main Target: Liquidity is available at the prior high of $0.7150.
Chart Analysis: The #APT price is currently trading above the significant level of $0.58. Should the price maintain this level during a correction, the uptrend is likely to persist.
Entry: A long position may be initiated close to the $0.58 level.
Main Target: Liquidity is available at the prior high of $0.7150.
Chart Analysis: The price of #AAVE has established a significant support level at $130 during this price movement. If the price remains above this level, the uptrend is likely to persist.
Entry: A long position may be initiated near the $130 level.
Main Target: Liquidity is concentrated around the previous high of $145.
The current price of #Bitcoin is at 79.9K, situated within a moderate liquidity zone, with some resistance levels scattered above. This price point serves as a transition area between mid-range and upper clusters. Should #Bitcoin maintain its position above 79.9K, potential upside liquidation clusters can be identified at 81K–81.5K, followed by stronger resistance between 82K–82.3K, with the highest concentration of resistance observed near 83K. On the downside, the most significant liquidity magnet is located around the 80K–80.5K range, succeeded by a notable support cluster at 79K–79.5K. Key lower zones to monitor include: 78K–78.5K, 77K–77.5K, and 76K–76.5K. Summary: Upside target: 81K to 82.5K Downside risk: 80K to 79K Main liquidity magnet: 80K–80.5K zone