50k ✅

I will post an update in a bit.

BTC update

I was bullish short-term from $40k because there were possibilities of reaching $50k. It just got hit. Now what?

I'm expecting a rejection of BTC from the $50k level while alts keep pumping more, forming a divergence. After that, the entire market should reverse.

Altcoins are starting to move. As said before, this should be the last leg up before a strong reversal. But this last move could be strong for some low caps, that's why I added exposure on altcoins a few weeks ago.

ALTCOINS INDEX: https://t.me/CryptoCapoTG/328

UNI setup: https://t.me/CryptoCapoTG/316

SUSHI setup: https://t.me/CryptoCapoTG/322

AVAX setup: https://t.me/CryptoCapoTG/331

HBAR setup: https://t.me/CryptoCapoTG/351

BTC rejecting from $50k, ETH/BTC bouncing.

Now is when we should see lower highs on BTC and new highs for ETH and alts (divergence)

If you find my content helpful, a good comment or DM from you on X (Twitter) is always very appreciated.

DOT setup: https://t.me/CryptoCapoTG/343

Thank you all for the messages of encouragement received. It's great to see such amazing support.

SOL update

Nice bounce from support.

Main resistance/target is $130.

ETH

Expecting it to reach $2800-3000 while BTC stays at these levels (this means ETH/BTC moving up)

Then reversal.

GM

Bitcoin is going a bit higher than the 50k resistance level, taking liquidity above it. Back below 50k, and this would be a clear deviation (likely)

Altcoins keep moving up which is good. The divergence with BTC hasn't been formed yet, but it should happen soon, when BTC starts making lower highs. Keeping the 30%-40% exposure with the setups I've shared here (AVAX, UNI, SUSHI, HBAR...) and some others.

Bitfinex showing strong supply here.

DXY

Bouncing from the major support posted on the previous analysis.

It has inverse correlation with BTC, but they usually diverge first (it's happening now, both are going up). This is another reason why I expect BTC to reverse its bullish trend soon, and I will cover it when I update the pinned thread on X with a second part.

BTC has a triple bearish divergence on the 4H.

First bearish confirmation below $50k.

Second bearish confirmation below $48,500.

Even if I think altcoins are going to keep pumping this week and most of them should make a new high, right now the move looks overextended and it wouldn't surprise me to see a 10-15% drop to shakeout some positions before bullish continuation.

My positions are in spot, no leverage, so I would just add more if that happens.

Potential 10-15% drop soon. BTC could reach 45k.

Coincidence?

Potential 10-15% drop soon. BTC could reach 45k.