Bitcoin tops $65,000, but don't mistake it for crypto strength. This is an equities rally. The S&P 500 hit a record Friday on weak jobs data, and BTC is just following.
The market is pricing a Fed pause. But CPI lands Wednesday. If inflation heats up, rate hike expectations return, and BTC's gains look fragile.
XRP is the outlier, down 4% this week. It's trading below its 20-day and 50-day EMAs, RSI at 47. Reclaim 1.04, it might turn. Lose 1.01, the sell-off extends.
$XRP $BNB
$GRVT still looks bullish, but this is not the kind of chart Iโd want to chase blindly.
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Price is holding above EMA 7/25 and Supertrend, and the structure is clearly recovering. That keeps the setup constructive, but with price already extended from the preferred area, the smarter focus is on whether a pullback gives a cleaner reaction zone.
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Iโm watching 0.3280โ0.3390 first.
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If the retrace goes deeper, the next zone on my chart is 0.3120โ0.3230.
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If buyers stay in control, the upside level...