#Bitcoin is breaking the level I mentioned yesterday.
If we get a daily close below it, I’ll consider a short toward the 75k area. This would also work as a hedge against the #Ethereum long I shared with you.
$TNSR gave a breakout of the falling wedge #pattern and tapped into the resistance area exactly. Price rejected it and now made a new lower low, reached the support zone too. Once the price breaks the area, you can build a short position and go long only after the rejection in HTF. #crypto
URPD shows price found support in a dense supply band from H1 2024 between $60K-$72K suggesting prior buyers are defending positions 💰📊. However, overhead supply remains heavy with significant clusters at $82K-$97K and $100K-$117K representing holders with unrealized losses 📉. These zones may act as sell-side overhang if prolonged losses or volatility triggers capitulation ⚠️🔴. #crypto
💸 METAPLANET HITS 30K $BTC TARGET BUT SITS ON $665M LOSS
Metaplanet surpassed its FY2025 goal, now holding 35,102 $BTC. Its latest earnings report shows a ¥102.2B ($665M) unrealized loss. Despite this, the company plans to accumulate 100,000 $BTC by 2026. #crypto
New filings show Harvard sold 1.48M shares of BlackRock’s $IBIT, cutting its #Bitcoin #ETF holdings from $442.8M to $265.8M. At the same time, it opened a fresh $86.8M position in BlackRock’s $ETH ETF. #crypto
$ADA is consolidating within a descending broadening wedge #pattern and is currently #trading below both the resistance trendline and the Ichimoku Cloud. A decisive breakout of the wedge would signal a #bullish trend, while continued weakness below the cloud could lead to further downside. #crypto