Yesterday, the price of $BTC fell to around 80k amid rumors of a sale of 12,267 #BITCOIN from wallets linked to the U.S. government. But they were simply moved to new, unlabeled addresses.
However, this wiped out many traders through liquidations—on both sides.
We’re waiting to see how the price moves next. Right now, if we follow the trend and technical analysis logic, we’ve absorbed most of the liquidity on the downside, and now the upper short-side liquidity will act as a magnet.
Still expecting #BITCOIN to sweep the highs above 87400$ area. $BTC is spending too much time with boring price action which indicates a major move is coming
Chart Analysis: The price of #SUI is currently undergoing a correction towards a significant zone of imbalance. This zone is expected to be where the price will respond and continue its upward trajectory.
Entry: A long position should be initiated within the imbalance zone, specifically between the $1.0440 and $1.1090 levels.
Main Target: Liquidity is anticipated at the prior high of $1.2930.
Conclusion: Thank you for your attention, and I hope you find this analysis valuable.
Chart Analysis: The price of #SEI has risen above the $0.070 threshold. Should the price sustain above this level throughout the correction, the upward trend is likely to persist.
Entry: A long position may be initiated close to the $0.070 mark.
Main Target: There is liquidity at the previous high of $0.086.
Chart Analysis: During its upward movement, the price of #HYPE surpassed the significant $90 level. Should the price maintain its position above this threshold during a correction, the uptrend is likely to persist.
Entry: A long position may be initiated if the price retraces to the $90 level.
Main Target: Liquidity is available at the prior high of $98.
Strategy purchased an additional 334 $BTC for $29 million over the course of the week. This transaction brought the company's holdings to exactly 848,000 #Bitcoin
The average purchase price for all coins was $75,441.
Chart Analysis: The price of #TIA is currently consolidating above the $0.45 level. If it maintains this level during a correction, the upward trend is likely to persist.
Entry: A long position may be initiated around the $0.45 level.
Main Target: Liquidity appears to be concentrated at the previous high of $0.5380.
Chart Analysis: The price of #ETH has successfully risen above the $2,700 mark. Should the price maintain this level during a correction, the upward trend is likely to persist.
Entry: Consider initiating a long position close to the $2,700 level.
Main Target: There is significant liquidity at previous highs around the $2,800 level.