Sunday afternoon, the market is still deep in the red, bro — breadth is only 22.9% green (178/776 pairs), meaning 3 out of every 4 coins are red. $BTC around $75,922 (-0.15%), wedged right between EMA20 75,876 and EMA50 76,119, RSI 1H 51.1 — neutral, neither side has won. $ETH $2,237 (-0.38%), below both EMA20/50, RSI 47.4, slightly weaker than BTC.
A rare bright spot: ONE +13% on $45.3M volume, flying for the fifth consecutive day; BMT +13.5% on $7.7M volume; BNB +0.61% is the only major coin still in the green. ZEC is drawing massive volume at $117.5M, but its price is down 3.9% — money is flowing in, but the price isn't rising; watch for distribution.
A familiar warning: CREAM +65%, PNT +45%, but volume is only $0.3M — thin-liquidity coins, don't FOMO. On the other hand, NFP -65.8%, BETA -64%, and VIB -63% are still dumping relentlessly.
Scenario for the next 18 hours (see chart): hold EMA20 at 75,876 and we could test EMA50 at 76,119, then 77,900. Lose the 24-hour low at 75,571 and we could return to the 7-week low at 74,888. The deciding factor remains US CPI on 10/11.
Data analysis, not investment advice.
#Bitcoin #Crypto #BTC
A rare bright spot: ONE +13% on $45.3M volume, flying for the fifth consecutive day; BMT +13.5% on $7.7M volume; BNB +0.61% is the only major coin still in the green. ZEC is drawing massive volume at $117.5M, but its price is down 3.9% — money is flowing in, but the price isn't rising; watch for distribution.
A familiar warning: CREAM +65%, PNT +45%, but volume is only $0.3M — thin-liquidity coins, don't FOMO. On the other hand, NFP -65.8%, BETA -64%, and VIB -63% are still dumping relentlessly.
Scenario for the next 18 hours (see chart): hold EMA20 at 75,876 and we could test EMA50 at 76,119, then 77,900. Lose the 24-hour low at 75,571 and we could return to the 7-week low at 74,888. The deciding factor remains US CPI on 10/11.
Data analysis, not investment advice.
#Bitcoin #Crypto #BTC
