The Idea of Catching the Absolute Bottom is Wrong “The window of opportunity lasts longer than most people expect. Yet this is precisely when the majority leave the market.
📊 Glassnode: The price of $BTC is ranging between a median realized price of $63,000 and a cost basis for short-term holders of $68,700, amid the lowest spot market trading volume since 2019.
Sellers are exhausted, but there are no buyers. Nevertheless, leveraged traders are expecting a recovery, which the data does not yet support.
$OP /USDT following a clean breach of baseline support within a descending triangle structure. Losing this key technical level invalidates the prior consolidation, clearing the path for a short-term downside momentum expansion toward lower demand zones.
Negative sentiment toward $XRP on social media rose to a three-month high in a single day after the token fell below the key psychological level of $1 .
$GMX /USDT following a clean breach of its falling wedge structure. Holding above prior descending resistance validates pattern resolution, clearing the path for a short-term momentum expansion targeting local supply zones.
Solana’s Kinetics (price velocity) has been negative for 284 consecutive days. That is a long, sustained directional bleed, and has been pointed down since last November. But momentum is now on the verge of turning positive again.
Transfer volume across the network has risen 23%, but nearly half of all coins are still at a loss. The share of coins in profit is 53%, compared with a 10-year average of 82%. Network activity is already above its yearly norm.
$CHILLGUY /USDT following a clean breach of a Cup and Handle structure. Holding above the breakout level validates pattern resolution, opening the path for a short-term momentum expansion targeting local supply zones.