The altcoin market cap, excluding the top 10, is currently around $236.9B, breaking above the $234B resistance and reclaiming levels not seen since January.
Price is also holding the steep rising trendline formed in August, showing continued strength in the market.
If this breakout holds, altcoins could continue pushing toward fresh multi-month highs. However, losing the trendline could trigger a pullback toward the $210B–$200B zone. 👀
$BTW $PHA $FORM
Guys,#ZEC the bounce toward $1,560 has been rejected hard, and price is now pressing back near $1,468. The recent sequence is clearly weakening, so I’m taking this short with strong conviction. I see room for $ZEC to slide toward $1,425 from here. Keep this one on your radar.
Target: $1,425
SL: $1,515
Sell and Trade
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$LSK
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$龙虾
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BITCOIN WEEKLY ANALYSIS
$BTC just closed the week at $81,150, above the 50-week MA at $78,800 and is now trading above $86,000.
And now we can finally say Bitcoin has started a new bull run.
Important levels:👇👇
Support: $78,800 50W MA, $70,500 200D MA Resistance: $95,000 - $98,000💢
Everyone expected BTC to dump after the CLARITY Act failed and the Fed raised rates.
But it didn’t, and there’s a reason for that.$BTC
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Over the last few months, ISM moved above 54, core inf...