🕯 Chart analysis: The price of $AAVE formed an imbalance zone during its uptrend. If the price holds this zone during a correction, the uptrend will continue.
📍 Entry: A long position can be opened in the imbalance zone between $93.80 and $95.15.
✔️ Main Target: Liquidity is at the previous high of $102.00. #AAVEUSDT
The coin has broken below the POC volume level of $1,875 and may now continue to decline toward the VAL volume level of $1,830. If the coin holds the VAL volume level, a new upward move will begin. #ETH
1. The situation in Iran continues to escalate; even the Red Sea is now under fire. Oil is at $100.
2. The dollar continues to strengthen, while U.S. funds have been declining for about a month. Investors are on edge.
And yet, despite all this, Bitcoin isn’t crashing. Coinbase Premium is in negative territory—yes, institutional investors continue to sell off, but the pace of sales is slowing, which is a good sign.
The market isn’t heavily leveraged on the long side, and funding isn’t excessively skewed, though it’s still above zero.