🔜This week, the market has changed its trend. 🔜It usually stays bullish, but this time, even the weekend was bearish. 🔜Bitcoin has already covered its short-side CME gap, so now it's expected to move up and fill the one near $92K. 🔜Also, funding rates have turned negative, which is a bullish sign. 🔜If tomorrow stays bullish, we might see another 2 to 3 days of bullish movement. 👍
🔜USDT dominance has broken the resistance, which caused BTC’s price to drop. 🔜The next resistance is around 5.2%-5.5%, and if it gets rejected, BTC could see a bullish move. 🔜Almost $1.5 billion got liquidated from the market in the last 24 hours, which is a huge amount 🔜Now, we might see some recovery in altcoins. 🔜Tomorrow is Thursday, so if the same pattern repeats, the market could turn bullish again.
👆 $SOL and $ETH are crashing as Binance starts selling them. $SOL is down nearly 10%, and $ETH over 5%. Plus, a $2B SOL unlock on March 1st is adding more pressure.Market sentiment is turning bearish.