USDT.D is climbing again, testing that pesky peak, fam. Looks like the whales are starting to cash out to get ready for the World Cup.
In the next week or two, be careful, as the market might throw some unexpected drops your way. Limit your trades and make sure you have your stop-losses set.
Only trade with the strong coins in the market because liquidity is gonna be super concentrated, not spread out.
Hoping this trend creates a double top and then, after the World Cup, we see a big drop so we can snag some gains. 😅
$BTC We're almost at the point we've been waiting for, guys don't rush in just yet 😁 a flash dump could hit hard, but pulling out can happen fast too, so keep an eye on 70K, that's the sweet spot.
Liquidity and trading volume at $BTC is currently quite low, making it easy for a flash dump to happen. Be very cautious, and it's not advisable to go long at this time.
I will watch for price reactions around the 70K zone to open a long position on BTC, while for altcoins, you should wait for a confirmation signal of a reversal from BTC.
Fellas, consider pulling up the stop-loss to entry to avoid the market flipping and taking a loss 🥳
Keep an eye on the market action and gradually take profits at target levels $2.5 $2.8 $3, alright crew? 🤟
2AMTrader
·
--
Bullish
Market Analysis $NEAR
NEAR is one of the few altcoins performing relatively better than the average after a strong recovery from the bottom. The money flow is returning thanks to the AI trend.
However, it's currently in a strong resistance zone on the weekly timeframe. The probability of going sideways or correcting is higher than the chance of a straight-up continuation.
On the H4 timeframe, NEAR has already seen a 20% correction. If $BTC holds, I believe there's a chance for a pump to test the peak again to create a double top before a significant correction or a possible breakout.
In the short term, I'm setting up a Long Scalp order targeting around $3, while for accumulating spot positions for mid to long-term, I'll wait for a deeper correction around $1.8. If NEAR breaks out and shoots up, don't FOMO because there are still plenty of altcoin opportunities at better entry points.
The SUI network has been experiencing some issues lately, so keep your eyes peeled, folks. There was a pretty intense liquidation sweep on SUI's Long positions.
Tomorrow, SUI will unlock a batch of tokens as per the schedule. Although the amount being unlocked isn't massive, the sentiment is bearish right now, so it's not the best time to catch a falling knife.
Let's wait for the market to stabilize, and I’ll keep you updated on this token.
NEAR is one of the few altcoins performing relatively better than the average after a strong recovery from the bottom. The money flow is returning thanks to the AI trend.
However, it's currently in a strong resistance zone on the weekly timeframe. The probability of going sideways or correcting is higher than the chance of a straight-up continuation.
On the H4 timeframe, NEAR has already seen a 20% correction. If $BTC holds, I believe there's a chance for a pump to test the peak again to create a double top before a significant correction or a possible breakout.
In the short term, I'm setting up a Long Scalp order targeting around $3, while for accumulating spot positions for mid to long-term, I'll wait for a deeper correction around $1.8. If NEAR breaks out and shoots up, don't FOMO because there are still plenty of altcoin opportunities at better entry points.
Currently, most of the top altcoins have very similar candlestick patterns, I'll use $LTC as an illustrative example.
The majority of altcoins are sitting at a foundational price range and have been accumulating for quite a while. The weekly BB is tightening, indicating that a new trend is about to unfold.
BTC.D and USDT.D are also showing signs of reaching a peak, and I expect a breakdown which will create a suitable opportunity for an upcoming altcoin wave.
For LTC, the price zone around $52 is truly a great area to accumulate for mid to long-term targets.
Additionally, there are other top altcoins like $LINK $ADA that are similar
So it looks like $BNB really broke out just as predicted. With a decisive breakout combined with massive volume, the next target for BNB is the resistance zone around $900.
Short traders, be careful not to stand in the way; there are some rumors about BNB integrating US securities, opening up investment opportunities in US stocks for everyone.
This is a very positive signal because the influx of capital into Binance will be substantial, creating a ripple effect across the entire Crypto space.
On the daily chart, BTC has recorded 2 ABC correction waves, dropping from the 82k zone down to around 72k, reflecting a relatively clear correction phase in the market structure.
Currently, the price is showing signs of trying to establish a short-term bottom, indicating the potential for a light technical bounce before the market sets a new trend.
📌 Short-term Scenario: There’s a high chance BTC might recover to the 76k zone to test the market's reaction at this supply area. This will be a crucial area to determine if selling pressure is still strong or has weakened.
⚠️ Bearish Scenario: If the market continues to be weak, BTC could very well see another leg down. Completing a larger correction structure (possibly in a 5-wave format).
📌 Notable Points: Most altcoins are still following a sideways/correction structure like BTC. BNB shows relatively stable strength compared to the rest of the market and has had a good recovery, currently returning to the nearest peak area. The flow of funds is showing signs of selectivity rather than spreading across the entire market.
🎯 Upcoming Scenario: If BTC has a recovery in the next few days, BNB has a high probability of breaking out from the nearest peak, which would open up room for price increases towards higher targets in the short term.
🎯 Medium – Long-term Perspective: If BTC undergoes one more correction to complete the 5-wave structure on the daily chart, this could be a very attractive price range to accumulate BTC and altcoins for the next growth cycle.
The overall trend $BTC is still in a mid-term bullish trend, although a significant correction has emerged from the recent peak. - The previous uptrend had a clear structure and strong momentum - Currently, we are in a correction phase within the uptrend - Price remains above the MA200 → the larger trend structure has not been broken
Regarding short-term momentum: - The EMA20 previously dropped sharply, reflecting a clear correction phase - Currently, the EMA20 has flattened out, indicating that selling pressure is weakening and the market is gradually entering a balanced state - The current phase is accumulation, and the market will soon choose a direction when breaking the current range or reclaiming the EMA20.
=> This is a sign of the end of the bearish momentum, not an immediate bullish confirmation.
🟢 Positive Scenario - BTC holds above the nearest support level - Formation of higher lows - EMA20 continues to move sideways + price remains in a sideways trend above the EMA20 - Sufficient accumulation of strength → breakout continues the larger uptrend => This is a scenario for continuing the mid-term bullish trend
🔴 Negative Scenario If BTC breaks down the long-term MA, the trend shifts to: - Sideways with a wide range or - Deeper correction following wave 5 towards lower support levels => At that point, the market needs more time to reset
On the daily chart, BTC has recorded 2 ABC correction waves, dropping from the 82k zone down to around 72k, reflecting a relatively clear correction phase in the market structure.
Currently, the price is showing signs of trying to establish a short-term bottom, indicating the potential for a light technical bounce before the market sets a new trend.
📌 Short-term Scenario: There’s a high chance BTC might recover to the 76k zone to test the market's reaction at this supply area. This will be a crucial area to determine if selling pressure is still strong or has weakened.
⚠️ Bearish Scenario: If the market continues to be weak, BTC could very well see another leg down. Completing a larger correction structure (possibly in a 5-wave format).
📌 Notable Points: Most altcoins are still following a sideways/correction structure like BTC. BNB shows relatively stable strength compared to the rest of the market and has had a good recovery, currently returning to the nearest peak area. The flow of funds is showing signs of selectivity rather than spreading across the entire market.
🎯 Upcoming Scenario: If BTC has a recovery in the next few days, BNB has a high probability of breaking out from the nearest peak, which would open up room for price increases towards higher targets in the short term.
🎯 Medium – Long-term Perspective: If BTC undergoes one more correction to complete the 5-wave structure on the daily chart, this could be a very attractive price range to accumulate BTC and altcoins for the next growth cycle.
FINANCIAL FREEDOM IS NOT A DESTINATION, BUT A JOURNEY
There was a time I stepped into the market with a pretty simple mindset. All I needed was to catch a big wave or a sweet trade, and everything would change.
I used to think financial freedom was something that could be achieved after a few right calls. But after years of experience, I've come to realize that the biggest losses don't come from a lack of opportunities.
They come from wanting to move faster than my own capabilities. Wanting to earn more without enough experience. Wanting to optimize profits while underestimating risks.
The biggest shift for me wasn't in my trading strategy, but in my perspective on money. I've gradually understood that: • Making money is a skill. • Keeping money is a different skill altogether. • And long-term stability is even harder than both of those.
These days, I'm no longer in search of a life-changing trade. I'm much more focused on building knowledge, discipline, and the ability to survive through multiple market cycles.
For me, financial freedom isn't just a number in an account. It's about consistently making the right decisions and making gradual progress over time.
I created this account to share: 📝 The journey I'm on. 🧠 Insights I've gleaned from the market. 📚 Lessons learned from both successes and failures.
If you're also on that journey, I hope we can learn and grow together.