๐ BITCOIN RECOVERY: IS BTC READY FOR ANOTHER RALLY?
Bitcoin is showing signs of recovery! ๐
$BTC is trading around $78,538, gaining approximately 2.14% in the last 24 hours.
But is this the beginning of a new bullish move, or just a temporary bounce?
๐ Key Technical Levels
๐ข Support Zone: $76,777 ๐ด Resistance Zone: $79,829 ๐ฏ Next Resistance: $81,802
Bullish Scenario ๐ If BTC breaks above $79,829 and maintains momentum, the next level to watch is $81,802.
Bearish Scenario ๐ป If BTC loses the $76,777 support level, selling pressure could increase, with $74,978 as the next support to watch.
My Market View: Bitcoin's recovery looks encouraging, but confirmation is still needed. Watch volume, price action, and daily candle closes before making any trading decisions.
๐ฌ What do you think?
Will BTC break $80K this week, or will bears take control again?
#TRUMP CALLS US WAR ON IRAN A โLITTLE EXCURSIONโ AS CRYPTO SURGES $60B AND #BTC RECLAIMS $70K AMID #PEACE HOPES
The crypto market just saw a $60 billion liquidity injection, lifting total market cap to $2.32T.
Analysts say if the peace deal is confirmed, a relief rally could sustain through the week, supported by pro-innovation regulatory signals from CFTC Chair Michael Selig. $BTC
According to Bloomberg ETF analyst Eric Balchunas, $SOL has dropped about 57% since spot ETFs launched in July -- arguably some of the worst timing any ETF launch could have.
Yet the funds have still attracted roughly $1.45B in cumulative inflows, and most of that capital has stayed in the products.
Another notable detail: about 50% of the assets come from 13F filers, meaning institutional investors are making up a large share of the investor base.
Balchunas also points out something many are overlooking. If you adjust the flows for Solanaโs smaller market cap relative to Bitcoin, the demand is roughly equivalent to about $54B in Bitcoin ETF flows at the same stage.
At that point in its ETF cycle, #bitcoin had roughly half that amount -- and $BTC was rallying, not down nearly 60%.
Despite brutal price action, the institutional appetite behind #solana ETFs appears stronger than many expected. ๐คฏ
On H4, $FORM just got rejected from its daily resistance. After a retrace forming a higher low, price rejected right at the 0.618 Fibonacci golden zone, followed by a solid red candle. Structurally this looks like a trend shift to the downside.
$THE โ Bulls Coiling Inside the Triangle: Bracing for a Massive Breakout After Long Consolidation Long $THE now Entry: 0.27 โ 0.275 SL: 0.225 TP: 0.33 โ 0.42 โ 0.55 Watching THE squeeze tightly within a symmetrical triangle with rising lows suggests that buyers are steadily absorbing supply and preparing for a move. The price action is currently hovering at the apex of this long-term structure, making it feel like a high-momentum breakout toward the 0.42 resistance is currently loading. Trade $THE here ๐