There is once again a possibility of a 'Head and Shoulders' pattern forming on the 1-day timeframe.
If this happens, we could first see Bitcoin drop to around $62k; then, based on technical analysis, it would likely bounce up to the $67k resistance level. If it breaks through that resistance decisively, we could see a move toward higher levels, as shown in the diagram.
Those currently holding LONG positions should manage their trades carefully; the 'Right Shoulder' needs to form before any potential pump, which means BTC is likely to dip slightly.
The crypto market is highly volatile right now, but key assets like $BTC and $ETH are holding crucial support levels. If we clear the immediate resistance, a massive breakout could be just around the corner! 📈
Meanwhile, smaller cap gems like $ARIA are showing strong accumulation patterns. This could be the perfect accumulation zone before the next leg up! 💎
🧐 What’s your strategy right now? 1️⃣ Buying the dip heavily? 🛍️
2️⃣ Holding and watching? 👀
3️⃣ Shorting the market? 📉
Drop your targets in the comments below! Let’s discuss 👇
👉Short-Term Holders (STH) = Investors who have held BTC for an average of less than 155 days.
👉Realized Profit = The profit actually "locked in" when someone sells or transfers BTC at a current price higher than the original purchase price.
👉Entity-Adjusted = Transfers between wallets belonging to the same individual or entity are excluded to ensure only genuine market transactions are captured.
👉Two forces are simultaneously anchoring the current rally: Buyers who purchased at the cycle top are reducing their losses.
👉Buyers who purchased at the local low are locking in their gains. Both groups are selling amidst the same price recovery.
The Fed will officially announce inflation data today at 8:30 AM ET! If CPI > 4.0% → The market will dump sharply. If CPI = 3.8% – 4.0% → The market may remain flat. If CPI < 3.8% → The market could see a parabolic move...
The Fed has announced an emergency liquidity injection to prevent a further market crash! 💰 $17.6 billion will be injected into the economy... but amidst fears of an AI bubble and stock market weakness...
Higher liquidity = a short-term bullish signal for risk assets. 👀 All eyes on the market reaction!
👉 Bitcoin is continuing its recovery following the recent sell-off and has moved upwards after establishing a new local low. Although price momentum has entered bullish territory, spot trading volume has dropped by 21.5%, and the spot Cumulative Volume Delta (CVD) has turned negative. This implies that the rally is driven primarily by thin liquidity rather than broad-based buying conviction.
👉 The derivatives market is also sending mixed signals. Perpetual futures traders are still paying a premium for long exposure, indicating constructive sentiment. However, aggressive buy-side volume has declined significantly.