The On-Chain Reset Bitcoin Needs Before a Durable Bottom
“Historically this band is where weak hands are flushed and durable floors form, every prior tag preceded a local bottom.”
“Historically this band is where weak hands are flushed and durable floors form, every prior tag preceded a local bottom.”
Current market sentiment and the pace of selling now resemble conditions seen at the depths of the 2022 bear market following the collapse of FTX.
Historically, such periods of extreme fear have marked some of the best long-term accumulation opportunities.
That said, oversold does not mean the bottom is in.
During the last cycle, BTC spent several months below this level before finally reversing, meaning the bottom can remain a process rather than a single event.
The signal is clear: panic-driven selloffs have often rewarded patient investors.
The catch?
You need a strategy that can survive months of sideways action and further drawdowns.
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#XPLUSDT 1D
#XPL is currently trading within a falling wedge pattern on the daily chart. It has bounced strongly from the wedge support with solid volume, which is a positive sign.
However, a significant resistance cluster lies ahead, consisting of the wedge resistance, the Ichimoku Cloud, and the daily SMA100. In case of a breakout above these levels, the following upside targets could come into play:
🎯 $0.1258
🎯 $0.1657
🎯 $0.1979
🎯 $0.2302
🎯 $0.2761
🎯 $0.3346
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#XPL is currently trading within a falling wedge pattern on the daily chart. It has bounced strongly from the wedge support with solid volume, which is a positive sign.
However, a significant resistance cluster lies ahead, consisting of the wedge resistance, the Ichimoku Cloud, and the daily SMA100. In case of a breakout above these levels, the following upside targets could come into play:
🎯 $0.1258
🎯 $0.1657
🎯 $0.1979
🎯 $0.2302
🎯 $0.2761
🎯 $0.3346
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#ORCAUSDT 12H
#ORCA has broken above the falling wedge pattern on the 12-hour timeframe. It was rejected at the 12H SMA200, and a retest is currently in progress.
In case of a successful bounce and confirmation above the breakout zone, the potential upside targets are:
🎯 $1.190
🎯 $1.328
🎯 $1.439
🎯 $1.550
🎯 $1.708
🎯 $1.910
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#ORCA has broken above the falling wedge pattern on the 12-hour timeframe. It was rejected at the 12H SMA200, and a retest is currently in progress.
In case of a successful bounce and confirmation above the breakout zone, the potential upside targets are:
🎯 $1.190
🎯 $1.328
🎯 $1.439
🎯 $1.550
🎯 $1.708
🎯 $1.910
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#SENTUSDT 1D
#SENT has broken above both the falling wedge resistance and the SMA50 on the daily chart. The daily candle has not closed yet, but RSI and MACD are indicating the potential for further bullish continuation.
The potential upside targets are:
🎯 $0.01923
🎯 $0.02182
🎯 $0.02391
🎯 $0.02600
🎯 $0.02898
🎯 $0.03278
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#SENT has broken above both the falling wedge resistance and the SMA50 on the daily chart. The daily candle has not closed yet, but RSI and MACD are indicating the potential for further bullish continuation.
The potential upside targets are:
🎯 $0.01923
🎯 $0.02182
🎯 $0.02391
🎯 $0.02600
🎯 $0.02898
🎯 $0.03278
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#ORDIUSDT 12H
#ORDI is currently testing the descending resistance on the 12-hour timeframe.
Avoid entering this coin until a confirmed breakout with strong volume occurs above both the descending resistance and the 12H SMA50. If such a breakout takes place, the following upside targets could come into play:
🎯 $3.885
🎯 $4.243
🎯 $4.601
🎯 $5.112
🎯 $5.762
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#ORDI is currently testing the descending resistance on the 12-hour timeframe.
Avoid entering this coin until a confirmed breakout with strong volume occurs above both the descending resistance and the 12H SMA50. If such a breakout takes place, the following upside targets could come into play:
🎯 $3.885
🎯 $4.243
🎯 $4.601
🎯 $5.112
🎯 $5.762
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#ORCAUSDT 12H #ORCA has broken above the falling wedge pattern on the 12-hour timeframe. It was rejected at the 12H SMA200, and a retest is currently in progress. In case of a successful bounce and confirmation above the breakout zone, the potential upside…
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#TRUMPUSDT 1D
#TRUMP is currently trading within a descending channel on the daily chart and has bounced from the channel support.
In case of a breakout above both the channel resistance and the Ichimoku Cloud, the following upside targets could come into play:
🎯 $2.518
🎯 $2.811
🎯 $3.103
🎯 $3.518
🎯 $4.048
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#TRUMP is currently trading within a descending channel on the daily chart and has bounced from the channel support.
In case of a breakout above both the channel resistance and the Ichimoku Cloud, the following upside targets could come into play:
🎯 $2.518
🎯 $2.811
🎯 $3.103
🎯 $3.518
🎯 $4.048
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#SEIUSDT 1D Update #SEI has also reached the second target, delivering a 28.04% profit in the spot market and 140% in the futures market with 5x leverage. 🎯 $0.06795 ✅ 🎯 $0.07918 ✅ 🎯 $0.08825 🎯 $0.09732 🎯 $0.11024 🎯 $0.12670
#SEIUSDT 1D Update
#SEI is looking promising once again. Keep a close eye on it, as the targets from our previous analysis remain within reach:
🎯 $0.06795
🎯 $0.07918
🎯 $0.08825
🎯 $0.09732
🎯 $0.11024
🎯 $0.12670
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#SEI is looking promising once again. Keep a close eye on it, as the targets from our previous analysis remain within reach:
🎯 $0.06795
🎯 $0.07918
🎯 $0.08825
🎯 $0.09732
🎯 $0.11024
🎯 $0.12670
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#MEGAUSDT 8H
#MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50.
In case of a breakout above these levels, the following upside targets could come into play:
🎯 $0.05703
🎯 $0.06151
🎯 $0.06598
🎯 $0.07235
🎯 $0.08046
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50.
In case of a breakout above these levels, the following upside targets could come into play:
🎯 $0.05703
🎯 $0.06151
🎯 $0.06598
🎯 $0.07235
🎯 $0.08046
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#ICPUSDT 1D
#ICP continues to trade within a compression structure, holding above a key demand zone while remaining capped by a long-term descending trendline.
The $2.087–$2.278 area has acted as strong support multiple times, making it a critical level to watch. As long as price holds above this zone, a breakout attempt toward the descending resistance remains possible.
However, the broader trend remains bearish until buyers reclaim the trendline and establish acceptance above the $3.20–$3.30 region.
📈 Bullish targets:
🎯 $2.710
🎯 $3.141
🎯 $3.489
🎯 $3.837
🎯 $4.333
🎯 $4.964
📉 Bearish targets (if support fails): $1.884 → $1.538
Bias: Neutral while inside the range, bullish on breakout, bearish on support loss.
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#ICP continues to trade within a compression structure, holding above a key demand zone while remaining capped by a long-term descending trendline.
The $2.087–$2.278 area has acted as strong support multiple times, making it a critical level to watch. As long as price holds above this zone, a breakout attempt toward the descending resistance remains possible.
However, the broader trend remains bearish until buyers reclaim the trendline and establish acceptance above the $3.20–$3.30 region.
🎯 $2.710
🎯 $3.141
🎯 $3.489
🎯 $3.837
🎯 $4.333
🎯 $4.964
Bias: Neutral while inside the range, bullish on breakout, bearish on support loss.
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
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Digital Chartist
#ARKMUSDT 1D #ARKM has broken above the descending resistance and the SMA50 on the daily chart. Consider buying a small bag here and adding on the retest of the broken trendline. The targets are: 🎯 $0.1411 🎯 $0.1709 🎯 $0.1950 🎯 $0.2191 🎯 $0.2533 🎯 $0.2970…
#ARKMUSDT 1D Update
After breaking above the descending resistance, #ARKM has been consolidating inside a box range. It is currently testing the daily SMA50.
The setup looks interesting and is worth monitoring closely. In case of a breakout above both the box range resistance and the daily SMA50, #ARKM could move toward the targets outlined in our previous analysis.
🎯 $0.1411
🎯 $0.1709
🎯 $0.1950
🎯 $0.2191
🎯 $0.2533
🎯 $0.2970
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
After breaking above the descending resistance, #ARKM has been consolidating inside a box range. It is currently testing the daily SMA50.
The setup looks interesting and is worth monitoring closely. In case of a breakout above both the box range resistance and the daily SMA50, #ARKM could move toward the targets outlined in our previous analysis.
🎯 $0.1411
🎯 $0.1709
🎯 $0.1950
🎯 $0.2191
🎯 $0.2533
🎯 $0.2970
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
JUST IN: 💰 White House Official Patrick Witt says they're aiming to pass crypto Clarity Act by July 4th.
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Digital Chartist
#PENDLEUSDT 1D Update #PENDLE has hit the 4th target and delivered a 53.07% profit in the spot market and 265% profit in the futures market with 5x leverage. 🚀 🍺 🎯 $1.495 ✅ 🎯 $1.655 ✅ 🎯 $1.814 ✅ 🎯 $2.042 ✅ 🎯 $2.332
#PENDLEUSDT 1D Update
#PENDLE has once again bounced from its support level and could be on its way to retest the targets from our previous analysis.
Keep a close eye on it, as the current price action suggests that the bullish structure remains intact.
#PENDLE has once again bounced from its support level and could be on its way to retest the targets from our previous analysis.
Keep a close eye on it, as the current price action suggests that the bullish structure remains intact.
#IOUSDT 1D
#IO is on the verge of breaking out above the descending resistance on the daily chart.
In case of a confirmed breakout, the following upside targets could come into play:
🎯 $0.2060
🎯 $0.2387
🎯 $0.2738
🎯 $0.3224
🎯 $0.3840
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
#IO is on the verge of breaking out above the descending resistance on the daily chart.
In case of a confirmed breakout, the following upside targets could come into play:
🎯 $0.2060
🎯 $0.2387
🎯 $0.2738
🎯 $0.3224
🎯 $0.3840
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
Digital Chartist
#MEGAUSDT 8H #MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50. In case of a breakout above these levels, the following upside…
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Digital Chartist
#MEGAUSDT 8H #MEGA has already broken above the descending resistance on the 8-hour timeframe and is now facing two key resistance levels: the neckline of the double bottom pattern and the SMA50. In case of a breakout above these levels, the following upside…
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1. May Industrial Production data - Monday
2. May Housing Starts data - Tuesday
3. May Retail Sales data - Wednesday
4. Fed Interest Rate Decision and Kevin Warsh's First Meeting as Fed Chair - Wednesday
5. June Philly Fed Manufacturing Index - Thursday
6. US Markets Closed for Juneteenth - Friday
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