broke cleanly above 440, invalidating the lower high structure.
The base above $405 has also been tidy on relatively low volume, which looks similar to local accumulation.
As long as $440 holds as support, I’m watching for another breakout attempt above $480. If that level breaks, $520 becomes the next logical area.
That said, the previous run into the highs topped with a Double Top and Head and Shoulders, so I still lean toward this being a macro lower high unless that shoulder gets reclaimed.
$BTC is starting the week with strength. Bitcoin has already broken both the previous weekly high and previous daily high, giving bulls early control heading into the new week.
• Previous weekly high reclaimed. • Previous daily high broken. • Market structure remains constructive in the short term. • Higher probability of holding the $60.8K previous weekly low this week.
As long as key support levels hold, the path of least resistance remains higher. From a risk-to-reward perspective, my preferred long area sits around $62K, which aligns with liquidity built up inside the range over the past week.
• $62K remains my primary long POI. • $64.8K is the key level bulls need to defend to maintain the local uptrend. • If price revisits $64.8K before reaching my long zone, I may look for a scalp-long setup.
On the upside, I'm watching the $66K-$68.5K region closely.
That's a higher-timeframe supply zone where I'll begin looking for short opportunities if my confirmation triggers. For now, the trend remains constructive, but reaction at the major resistance zone will be critical.
$ETH is now showing some of the most extreme oversold readings in its history.
• Down roughly 70% from its all-time high. • Trading around levels seen 4 years ago. • Monthly RSI is more oversold than at the 2018 and 2022 bear market bottoms. • During the last cycle, ETH eventually bottomed after an 82% drawdown from its ATH.
Sentiment around Ethereum is extremely negative right now, and historically that's often when the market starts presenting its best long-term opportunities.
Oversold conditions alone don't guarantee a bottom. Markets can stay oversold for longer than most traders expect, especially when confidence is low and liquidity remains weak.
That said, we're reaching levels where risk-reward starts becoming much more interesting for patient investors.
• Whether ETH can establish a higher-timeframe base. • Relative strength versus BTC and other major alts. • Signs of sustained demand rather than short-term relief rallies. For now, the data suggests ETH is entering a zone where long-term participants should be paying close attention.
The question is whether the final shakeout has already happened.
$BTC needs to clear 64k with conviction. This slow grind higher isn’t super convincing right now, so I’m still in scalp mode until price shows more strength. Need to see real momentum here.
$BTC heading into next week, I’m watching two main scenarios.
The rejection from 64.7k–65.7k. This is the Daily FVG / Weekly Bearish Continuation region and also a major liquidity pool.
If reclaim of 65.7k. If BTC gets back above that level, then 68.2k becomes the next key area, which aligns with the current Quarterly Open.
After the aggressive move at the start of the month, I think a mid-month pullback or consolidation makes sense before continuation in the broader direction.
That’s the main framework I’m using for this month.
$TAO arată o mișcare puternică astăzi. AI-ul descentralizat este în continuare o narațiune solidă în acest ciclu, iar TAO rămâne unul dintre numele cheie de urmărit.
O revenire frumoasă de la acel nod cu volum mare. Nu sunt în poziție aici, dar urmăresc cu atenție să văd dacă această mișcare primește o continuare reală după slăbiciunea anterioară. Dacă se retrage curat, aș fi mai interesat să cumpăr dip-uri decât să alerg după forță.
$VVV is approaching an area I previously marked as a potential short zone around $16-$17.
After such an aggressive move higher, I felt the chart needed time to cool off, build a base, and reset before the next meaningful leg.
• $VVV has been one of the stronger performers in the market. • The AI narrative remains active. • Leaders rarely make shorting easy, especially when the story is still attracting capital.
What it means: While I still think the $16-$17 region is worth paying attention to, shorting strength in a leading narrative is rarely a high-conviction trade.
We're also seeing continued interest across AI-related names, with $TAO showing strength as well.
What I'm watching next: • Whether VVV can consolidate and build a healthier structure. • Signs of exhaustion after the recent run. • Whether AI remains one of the market's strongest sectors.
For now, I'm staying patient. No buy. No short. Just watching how price reacts and waiting for the market to reveal the next opportunity.
Are AI coins still leading this cycle, or do you think capital rotates elsewhere next?
este acum una dintre cele mai supravândute altcoini majore pe care le-am văzut în ani.
• Solana a atins un minim de 3 ani în jur de 60 USD. • A scăzut cu aproximativ 80% față de maximul istoric. • 8 luni consecutive cu lumânări roșii — o premieră în istoria sa. • RSI lunar este acum mai supravândut decât în timpul colapsului FTX din 2022, când SOL se tranzacționa aproape de 8 USD.
Ce observ: Condițiile extreme de supravânzare nu înseamnă automat că fundul a fost atins, dar sugerează că o cantitate semnificativă de scădere a fost deja prețuită.
Ce înseamnă: Istoric, cele mai bune oportunități pe termen lung apar adesea atunci când sentimentul este la cel mai rău. Provocarea este că piețele supravândute pot rămâne supravândute mai mult timp decât se așteaptă majoritatea traderilor.
Ce urmăresc în continuare: • Dacă SOL poate recupera și menține niveluri cheie de suport. • Forța relativă față de ETH și piața mai largă de altcoini. • Semne că cumpărătorii intră pe intervale de timp mai mari.
Deocamdată, SOL este ferm pe lista mea de supraveghere ca un potențial candidat de rotație dacă condițiile de piață se îmbunătățesc.
Credeți că fundul a fost atins pentru SOL sau mai este o scădere înainte ca adevărata inversare să înceapă?
$BTC is still consolidating inside the same range, and price action has been relatively quiet all week.
What I'm seeing:
• Liquidity continues to build on both sides of the range. • No meaningful expansion yet. • The market still looks like it's waiting for a catalyst.
What it means: I'm not interested in forcing trades in the middle of the range. My focus is on liquidity sweeps at the boundaries before looking for an entry.
What I'm watching next: • A sweep of the $64K–$64.5K region for a potential short setup. • If triggered, I'd target the range lows. • For longs, my main area of interest remains below $60K–$60.4K.
My bias remains bearish until proven otherwise.
Also keeping an eye on today's SpaceX IPO, which could inject some volatility into broader risk markets.
Good luck this Friday. Stay patient and let the market come to you.
What's your key BTC level heading into the weekend?
$HYPE reclaiming $57 on high time frame charts would be really good to see. Is this the low? Hard to really say. I don't think it's a bad spot to fire a DCA bullet in but I think it's mostly going to be bitcoin dependent. HyperLiquid has outperformed nearly all shitcoins this year but I also wouldn't be surprised to see this go to the low 50s/high 40s eventually too.
$BTC this is some insane chop wtf...60k is still support until shown otherwise. But if stocks get destroyed tomorrow then this is going to go lower imo
$ZEC makes sense to see some sort of pullback after going almost 2x from the lows. To be determined how deep this goes and it's probably a bit btc dependent. Am currently unsure about the future of this one in the sense of it being a true leader. The narrative is certainly still there but there might be a bit too much uncertainty.
I think it's best that you just play it level to level though and there should be a decent long option lower.
Top 2 recent institutional coins that I've got eyes on are $JTO and $MORPHO . Both had big fundraises recently from big players and I think that both look pretty strong. Obviously it's going to be dependent on bitcoin but I'm debating just buying a spot MORPHO bag. JTO I've gotten chopped on and have decided that I'm just going to buy it higher above the break OR lower....just not at this current area.
$BTC this is still an obvious bounce spot but personally not getting greedy...I'm just taking extremely quick trades. Currently not interested in shorting this area but if we get up to 70k or something around there, will heavily consider that (depending on the price action).
Still unsure if this is 'the bottom' though. High time frame wise this area looks decent but, as I said before, I'm more looking for time spent in this area vs. specific levels.
1 thing that also concerns me is the lack of wicks/violence that you usually see at bottoms. We haven't really seen a lot of turmoil (yet). Whether that's because there's just a dramatic shift in market structure, Saylor, or something else, I'm not sure. But more going to watch around this region
$ZEC incredible moves the last few days, fumbled this execution. It's almost 2x from the lows and still looks pretty strong. Unsure about firing at this current area; wouldn't be surprised to see a bit of a pullback but maybe this is just a nothingburger and we see higher later?
It's tough overall though bc while the narrative still could be there, the overall investor confidence is highly fractured. And once you lose that, it's pretty hard to regain trust.
'the next bitcoin' is a still an interesting idea but probably not going to happen. I think you watch to see where the next pullback is and reevaluate; not fire here personally.
$BTC this area was always a very very obvious bounce spot but there are a lot of bigger factors at play here other than TA imo. Mostly Saylor and what's going on in macro land + more war stuff...any of those things go against us and I think we leg down. But TA wise alone, this area should be a support area
Here are some examples from some of the recent $BTC bottoms in 2026, 2025, 2024. And this isn't even talking about CYCLE bottoms like we saw in 2018, 2020, 2022. I'm looking for some sort of big liquidation event...this slow grinding price action is not encouraging to me.
$BTC if this level gets lost we're looking at low/mid 50ks IMO. This is a really key area though...PoC from the price action since 2023 and the majority of the run up. 200W EMA too. Really hopeful that this region is still the local bottom.
$ZEC alright last time I laugh at this post and going to make a fresh chart after this but yeah. I don't know how this resolves but I honestly think it's a good idea to sell and take the L. Too many unknowns and, although privacy is a decent narrative rn, I would rather just wait and buy higher...much safer.
After the Crpto market structure bill passed the Senate banking committee on May 14, Bitcoin started dumping. BTC crashed -25% in the next 20 days and dropped -$20,600 from $82k to $61.3k wiping out $406 billion in market cap.
During that timeframe, $10.98 billion in leveraged positions were liquidated.
Many are speculating this is liquidity rotation, institutional money moving out of crypto and into equities as stocks hit all-time highs. Or prices are being intentionally suppressed before the Clarity Act fully passes so institutions can accumulate more Bitcoin at lower prices before the regulatory green light arrives.
Since May 15, Bitcoin ETFs sold $4.356 billion worth of $BTC , not a single day of inflows since the Clarity Act advanced. The same bill that is supposed to be bullish for institutional crypto adoption triggered the longest ETF outflow streak on record.
Then on June 1, Saylor sold 32 Bitcoin worth $2.5 million ( 0.0037% of his holdings ) for the first time since 2022 to fund dividend payments. He is the largest corporate Bitcoin holder on Earth. That single sale raised fears that more selling is coming and that fear alone accelerated the drop.
Fundamentally Bitcoin got rejected from a resistance of $83,000 creating a lower high. Following the typical 4-year cycle, it is now printing consistent lower highs and lower lows, pointing toward new cycle lows in coming months.
All while the US, Japan, Taiwan, and South Korea stock markets hit all-time highs in the same 20 days.