#BTC surged at the NY open and is now nearly back at the resistance area. Hopefully, it will break through this time and a bullish market will begin.

The cost of downside protection collapsed to almost nothing on July 21, the same session Bitcoin printed its local high after a run up off the June low. Hedges were sold into the top, and the deleveraging that came with the rally left the market leaning into the move that followed.

The cost of downside protection collapsed to almost nothing on July 21, the same session Bitcoin printed its local high after a run up off the June low. Hedges were sold into the top, and the deleveraging that came with the rally left the market leaning into the move that followed.

$GMTUSDT looks bullish after the breakout. We might see a short-term pump soon. Keep an eye on it.

💰 One of the reason we think $BTC will drop below $45k :

2021 Top to 2026 Top :  1.8x
2022 Bottom to 2026 Top :  8.1x

Realistic Calculations :

2026 Top to Next Top :  1.4x ($175k)
2026 Bottom to Next Top :  4.1x

$44k * 4x -> $175k
$35k * 5x -> $175k

2026 Bottom Should be : $44k - $35k
And Final Top Around : $175k

👩‍🏫 Now I've seen a lot of posts about "buying $70k retest". Do you actually understand that there's no such thing as $70k retest?

In fact any retrace from here is a weakness and the absolute s-tier entry is around $74k. If $BTC dumps more, it's not so bullish anymore!

I've covered a few scenarios here, the only bullish ones is a straight up pump and a $74k shallow retest. Any other development will cool $BTC off and delay the bullrun!

If you are out of the position and die from FOMO, just BUY! Stop hoping for some magical deep retest with a quick pump afterwards!

#ETH #SOL and several other coins are taking out their April–May highs, clearing the previous deviation levels.

Other coins likely to follow the same pattern.

#BTC/USDT ANALYSIS

Bitcoin is trading above the 100MA, which is acting as a key support, while price remains within the horizontal supply zone.

A sustained hold above the 100MA followed by a breakout of the supply zone could trigger a strong upward rally.

On the other hand, a breakdown below the 100MA support would signal further downside in the market.

#TOTAL MARKET CAP ANALYSIS

Total market cap has broken out of the ascending triangle pattern with significant volume, signaling strong bullish momentum.

Currently, it is trading below the horizontal supply zone, which is acting as a key resistance level.

A solid breakout above the supply zone could trigger further upside, while rejection from this level may lead to a pullback.

$BTC Two possibilities here : Minimum $69k or Lower.

If $69K holds, we could see a bounce.

If it doesn’t, I’d expect new lows.

The inverse H&S retest, 200W EMA, previous ATH support and the FVG all lined up at $69K.

#KAITO/USDT BUY SETUP

KAITO is holding above the horizontal demand zone, which is acting as a key support level. A sustained hold above this zone could provide bullish momentum and trigger a strong upward rally. 🚀