After breaking the $1.139 level, Pendle hit $1.488, where it faced profit-taking. The price has now corrected to $1.298, entering a consolidation phase. The main interest for a revival in growth lies in the daily imbalance zone below the current values.
Key levels to watch are $1.17 (mid-gap price) and $1.12 (mirror support). A drop into this range will allow the market to close the inefficiency and form a base for a new impulse. Holding the $1.12–$1.17 block will confirm buyer strength, while a drop below $1.12 will indicate a deep correction and a shift in priority to bearish. The decision to enter a position should only be made after the asset tests the specified levels and shows signs of stopping the fall.
Gold is stuck in a broad range between $4600 and $4900. The global priority remains with the bears: a target around $4100 is clearly looming on the horizon, with a psychological level at $4000. That’s where the main liquidity pool is concentrated, which the market will likely go after in the medium term.
Locally: Despite the overall bearish trend, the price is still climbing up locally. However, the momentum is fading — each new local high is becoming harder for buyers to reach.
Two scenarios:
Option A (through a breakout): A final push into the $4900–$5000 zone. This is the ideal area to look for a short. There is strong resistance there, from which the asset could take a significant dive.
Option B (confirmation of weakness): A drop below the nearest low of $4638. Breaking this level will signal that the local uptrend is over and it’s time to open shorts targeting $4000.
Entering buys now means playing against the global trend with weakening strength. It makes more sense to wait for either a nice reversal from the $4900+ zone or confirmation of seller strength after breaking $4638. Manage your risks; the targets below are worth waiting for a clean signal.
Crypto market on the brink of a major resolution: Geopolitical bluff and BTC technical targets
The global economy is holding its breath waiting for the outcome of negotiations between the US and Iran. While the politicians are in a tough standoff, the markets have already priced in some optimism. This current euphoria could be a trap, and the real levels where big money will start to lock in profits are significantly higher than where we’re at now.
Bitcoin on the Edge: Liquidity Management Strategy for the Week (April 20–26)
The current market situation resembles the calm before the storm. Bitcoin is holding around $75,000–$76,000, demonstrating strength against the backdrop of expensive oil and the Fed's tough rhetoric. However, technical markers indicate the need for a local unload before storming new heights. Working plan for $BTC
On the higher timeframe, a breakout from a long sideways movement has been recorded. The current correction is viewed as a classic retest of the broken structure for liquidity accumulation.
Technical parameters:
Area of interest (POI): $1.2523 – $1.2144
Justification: A mirror level coinciding with the zone of maximum horizontal volumes (POC).
Expectations: The main volume of limit buy orders is concentrated in this range. Protecting these levels opens the way for the continuation of the upward trend.
Priority — work from areas of interest after confirming the buyer's reaction
The Ethereum chart has recorded a local trend change to bearish. The impulsive rise has left behind unfilled four-hour imbalances (FVG), which currently serve as primary targets for correction.
Technical benchmarks:
Liquidity zones: Main focus is on the range $2240. The likelihood of a gradual decline to this level remains high, as the market needs to test the order density in this area.
Dynamics: Current values show a predominance of market sales. Filling price gaps below current quotes will allow for a balance in structure before a possible continuation of movement.
Analysis: The decision on further actions will be made based on the assessment of the strength of reaction and volumes in the support zone $2240.
Priority remains with the bearish scenario until confirmation of the defense of key levels.
$FARTCOIN Bounce off $0.22 and search for a new support
After the recent resistance test at the level of $0.22, we saw the expected reaction from sellers. The local trend shifted to a downward direction, and recent large liquidations in the futures markets added pressure on the price.
Technical analysis:
Change of sentiment: Sellers took the initiative after the asset failed to hold above the key high. The market is currently in a 'cooling' phase.
Correction targets: I anticipate a continued decline into the 0.618–0.786 zone according to Fibonacci. This is the range where buyer interest has historically increased, and it is where we should look for signs of a reversal formation.
What to watch for: It is important to monitor the activity in the order book as we approach the support zone. If we see a slowdown in the decline and an increase in delta, this will signal the end of the correction.
For now, we are observing from the sidelines. Entering 'a falling knife' is not justified at the moment; we are waiting for confirmation of level protection from buyers.
$BTC Removal of the high and instant pullback. Trap or breather?
Bitcoin updated its local maximum, but failed to hold above — an instant short reaction followed. This is a classic example of working with liquidity above the high, after which the price was "dumped" to the nearest support levels.
What we have at the moment:
Support action: We have entered the buyer's zone and received a decent rebound. Interest in this range remains.
Trend: Locally, the structure remains bullish. We are observing the maintenance of key levels.
Tactics: We are not in a hurry. It is important to see a consolidation above the support to confirm the strength of the buyer.
So far, there is no break in the structure, and the priority remains the same.