#BITCOIN WEEKLY TF UPDATE📊 :

#BITCOIN on Weekly TF, gave a shallow closing over the resistance area. Price made a aggressive push to the upside, and hit the daily resistance area. Its getting a rejection and might have a retracement by next week. $BTC #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k

Here's the Analysis of #ENJ📊 :

#ENJ moving off from the strong support zone of $0.25 - $0.26 and broke the resistance line too. Price moving through the uptrend channel pattern and expected to tap into the Major Resistance Area of $0.40 - $0.41. You can trade the move till major level. $ENJ #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k

The Short-Term Holder (STH) cohort includes investors who acquired coins within the last 155 days. Their average acquisition price acts as resistance in bearish trends and support in bullish trends.

This week, Bitcoin dipped below the STH Cost Basis at $59.8k, found support, and rallied. Retests of the STH Cost Basis are common in uptrends and are key levels to watch for potential inflection points. #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k

🌟 #GOLD UPDATE 📊:

#GOLD retraced back to the support area as mentioned after the new #ATH. Price made a break below of the both support zone, and now testing the zone as resistance. Structure looks bearish at the point, so with the Monday Market Open we can expect more dump in #GOLD next week. #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k

#BITCOIN DAILY TF UPDATE📊 :

#BITCOIN on Daily TF, moved up with the strong move after the fakeout. On HTF, its more looks like a large range, and this was leading towards the Mid-Term Rally in alts both sides. Right now, not expecting much from here as price is in the middle. Weekly closing will play important role for the market. $BTC #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k

#ETH UPDATE 📊:

#ETH breakout of the falling wedge pattern and broke the resistance area too. The move occurred due to the #ETH #ETF news. Now, price hodling above the zone and rejecting the zone as support too. Expected a next leg up towards the resistance area of $4,111 - $4,215. $ETH #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k

The Net Unrealized Profit/Loss (NUPL) metric compares BTC and ETH performance by showing investor profitability relative to the average on-chain cost basis.

A NUPL >0.5 indicates that unrealized profits exceed 50% of the asset's market cap, marking new ATHs and the euphoria phase.

During the market rally from spot Bitcoin ETF approvals, BTC's NUPL crossed 0.5 and entered euphoria three months before ETH's, as BTC holders' profits grew faster. #ETHETFsApproved #FIT21 #EarnFreeCrypto2024 #PEPE‏ #btc70k

#BTC gave a break to the downside a bit aggressively, and nearly reached the support zone. Price already showing some sort of buy pressure and rejecting too. Well, no bias as of now, as price is middle of the market, so wait for the price to reach a zone. $BTC #ETHETFsApproved #FIT21 #PEPE‏ #btc70k #altcoins

Here's the Analysis of #FET📊 :

#FEt gave a breakout of the resistance area and looks like a fakeout now. Price Actions Looks very messy from the past few weeks. Price also moving within the small uptrend channel pattern, so a breakout is needed and hodling above it. A flip above will open a new room for next resistance around $3.00. $FET #pizzaday #ETHETFS #PEPE‏ #btc70k #altcoins

#TOTAL2 MARKET CAP UPDATE :

#TOTAL2 gave a breakout and made a very strong up move with a retest. We already saw some good strong moves in alts and now, index reached the resistance area working huge. Currently, its consolidating and a breakout will lead in strong bullish moves, towards the next key resistance around $1.35T mark. #pizzaday #ETHETFS #PEPE‏ #btc70k #altcoins

#BTC still on the consolidation and formed a new hourly support area. Price also made a triangle pattern, which could give a breakout either side. Both sides looks good enough to go, so eyes on it $BTC #pizzaday #ETHETFS #PEPE‏ #btc70k #altcoins

Here's the Analysis of MANTA 📊 :

With this reference, MANTA gave the strong breakout after invalidating the pattern or fakeout. Now, market looks ready to make a move up and currently price is retesting back to support. Take it with lower lots as its always a risky level. #pizzaday #ETHETFS #PEPE‏ #btc70k #altcoins $MANTA

#BTC.D UPDATE 📊 :

#BTC.D drops continue and given a close below of the support area. Now, market looks in mood to make the alts fly. The only condition will be #Bitcoin needs to sustain above nearly at the same level or $70,000 #pizzaday #ETHETFS #PEPE‏ #btc70k #altcoins .

Happy Bitcoin pizza 🍕 day 😄

Show some love ❤️ for the man who tested the BTC ecosystem spending 10,000 BTc even though he didn't know what was coming. Bought my first Bitcoin years back @ $855 , how much did you buy your first Bitcoin ???
Let's Hear it so I'll know the OG's on binance #pizzaday #ETHETFS #PEPE‏ #btc70k #altcoins

#BTC didn't moved alot from the resistance and formed a minor range too. Today is have #FOMC meeting ahead in NY later, so we can expect some directional move at that time. $BTC #pizzaday #ETHETFS #PEPE‏ #btc70k

Here's the Analysis of #TRU 📊 :

#TRU is been selling-off from the Major Resistance area and holding from the supporting uptrend line. Currently, price is ranging between the top and Bottom around $0.099 - $0.133 respectively. A buys looks good after the range break and in anticipation of break of Major Resistance. $TRU #ETHETFS #btc70k #altcoins #BinanceLaunchpool #BlackRock

Measured from its $73k ATH, Bitcoin prices have corrected by -20.3%, the deepest since the FTX lows in November 2022. Despite this, the current macro uptrend remains notably resilient with relatively shallow corrections.

Interestingly, the current drawdown structure resembles the 2015-17 bull market. During that period, Bitcoin's rally was driven entirely by spot markets, as no derivative instruments were available, suggesting potential similarities with the current market.

Much of the leverage from the 2020-22 cycle was eliminated in 2022, and new US ETFs have introduced significant new demand in spot markets. #ETHETFS #btc70k #altcoins #BinanceLaunchpool #BlackRock

#BTC.D UPDATE 📊 :

#BTC.D still sustaining over the support zone, and that's not good enough from the alts as we can see, with that #BTC pump, alts didn't move that much. Index need to give a close below of the zone, where alts will start performing. $BTC #ETHETFS #btc70k #altcoins #BinanceLaunchpool #BlackRock

#BTC going perfectly as planned for this week, its going bullish now. Price tapped into the next key resistance, around $70,000 and $71,000. Currently, price facing a bit for sell pressure and pullback is expected. Structure is bullish, so anyway we're heading towards the ATH. $BTC #ETHETFS #notcoin #BinanceLaunchpool #BinanceLaunchpool #BlackRock

🔴 Here's the Analysis of #ORDI :

ORDI is been moving back and forth between the key level of $40.20 - $40.50 and hodling from the supporting trendline too. Price also moving through the falling wedge pattern, where price is trying to break now. A closing will the clean range trading range of 5%, which is not enough. You can anticipate this call to break the next resistance as market is bullish now. $ORDI #ETHETFS #notcoin #altcoins #BinanceLaunchpool #BlackRock