BTC.D has successfully broken out of a symmetrical triangle pattern with strong bullish momentum. If the retest holds, Bitcoin dominance could strengthen further.
โ ๏ธ Remember, a stronger BTC.D often puts pressure on altcoins.
BTC/USDT ANALYSIS Bitcoin is still consolidating in a descending triangle pattern, held back by trendline resistance and the Ichimoku Cloud.
๐ A breakout could open up bullish opportunities. ๐ A breakdown risks triggering further declines. Be patient and wait for confirmation. Donโt enter blindly!
Not many people are shilling it yet, but its chart structure resembles $ALO before its major rally. The support area is still holding, with an invalidation risk of around -8% from the current price.
Interesting potential, but keep an eye on the risks!
BTC and ETH have formed lower lows on the daily timeframe, indicating that previous support levels have been breached. Technically, the market structure remains bearish, and the potential for further declines remains significant before a price recovery occurs. $BTC $ETH
After the market experienced a flush, leveraged activity in the derivatives market is beginning to cool. This could create an opportunity for a short-term Bitcoin relief rally.
In the world of finance and crypto, there are two things I trust most.
First, blockchain transactions, because everything is transparent and can be verified on-chain.
Second, price action and market structure. I trust what the chart shows more than news narratives or fundamentals, which are often full of bullshit and noise.
Chart is the real evidence of market transactions. Price doesn't lie, narratives do.
Bottom line, my analysis remains the same. In fact, market structure now looks increasingly bearish and is showing clearer signs of weakness.
Over the next 7 days, I still expect further downside. The potential for the dump to continue is still quite high; itโs even possible BTC could break down below $80K if this bearish structure continues.
At the end of the day, I trade what I see, not what I hear.
A total of 10,000 ETH worth $25.05 million was sent to exchanges again. Is the signal of selling pressure getting stronger, or is this actually an accumulation opportunity? $ETH
โก As the economy grows, electricity demand surges too!
Data shows a strong correlation (Rยฒ = 0.8) between GDP per capita and electricity consumption. As AI and data centers expand, energy will become one of the keys to digital economic growth.
The Fed has begun injecting liquidity into the market again.
The Fedโs balance sheet shows a shift from QT to QE. However, the pace of liquidity expansion is starting to slow, so the boost to risk assets like stocks and crypto remains limited.
Liquidity is rising, but is it enough to trigger a bull market?
The chart structure is starting to look interesting, similar to $ZK before its rally. With the Privacy + AI narrative gaining strength, could $ZKP become the next hidden gem?