#Bitcoin is breaking the level I mentioned yesterday.
If we get a daily close below it, I’ll consider a short toward the 75k area. This would also work as a hedge against the #Ethereum long I shared with you.
$TNSR gave a breakout of the falling wedge #pattern and tapped into the resistance area exactly. Price rejected it and now made a new lower low, reached the support zone too. Once the price breaks the area, you can build a short position and go long only after the rejection in HTF. #crypto
The S&P 500 is #trading above the support trendline of the rising wedge pattern, with the Ichimoku Cloud acting as a resistance barrier. A breakdown below the wedge could trigger a downward move. However, a rebound from support is also possible. Keep an eye on further price action developments. Given its close correlation with the #crypto market, the S&P’s next #move will be crucial in determining broader risk sentiment, making this a key level to monitor closely. #crypto
🇨🇳 Metals #trading activity in China is skyrocketing:
Combined #trading volume in aluminium, copper, nickel, and tin futures on the Shanghai Futures Exchange jumped +86% MoM in January, to 78 million lots, the most in at least a year. #crypto