PatternsHunter
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The one who bought BTC for $500

Each pattern is unique in its own way and we will take everything from it

Daily market analysis from a trader with 5 years of experience

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#TOTAL2

Total 2 โ€“ chart showing the crypto market cap excluding BTC

Expecting one more dip, then a bounce to 1.08-1.12T looks reasonable ๐Ÿ“ˆ

BTC dominance (BTC.D) is still rising, but we're waiting for it to pull back. Ideally, for a solid altcoin run, it should drop to the 50-52% zone

๐Ÿ“ˆ https://www.tradingview.com/x/p3UKKCOS/
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PatternsHunter
#BTC Two important levels that might currently be restraining the price are $63200 and $67150. If these can be breached, the next target would be $69000 to $71000 ๐Ÿ“ˆ ๐Ÿ“ˆ https://www.tradingview.com/x/Ryz1Ftp1/
#BTC

Due to the impulsive growth there is a liquidity accumulation in the zone $62500-64100, which can magnetize the price

So I advise you to carefully plan positions at the opening of the week tomorrow, there may be a sweep into the marked zone โ˜๏ธ

๐Ÿ“ˆ https://www.tradingview.com/x/8dr3f8mC/
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PatternsHunter
#ETH Close the day above $3055 and further targets are open ๐Ÿ“ˆ https://www.tradingview.com/x/v0ObJG4G/
#ETH = $3435

Wow, Ethereum copied our move!

But tread carefully, the resistance zone is $3450-3550

As for the approval ETH ETF in a few days - anything can happen, but better to bet on Larry launching in August ๐Ÿš€

If it doesnโ€™t get approved by May 23, we might see a dip back to $3000-3100

Anyway, all positions are long, spot bags are filling up - now we just wait โœ…

๐Ÿ“ˆ https://www.tradingview.com/x/mxABmtFl/
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#FET

Buying from the retest of the counter-trend $2.4-2.5 - looks very interesting

I like this asset, I think AI narrative will be one of the first to show itself after ETH run ๐Ÿ“ˆ

๐Ÿ“ˆ https://www.tradingview.com/x/AsYvVJZJ/
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#BTC

All eyes are on Ethereum, but meanwhile, BTC is almost at its ATH ๐Ÿš€

Iโ€™m expecting a consolidation phase between $68800-72000, followed by an ATH retest

Also watching the liquidity zone at $66100-$67000. If BTC dips there and buyers step in, I'm ready to go long ๐Ÿ“ˆ

๐Ÿ“ˆ https://www.tradingview.com/x/4ZXvtkNM/
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#LDO

Lido - the largest ETH staking holder (TVL ~$28.845B)

The ETH ETF narrative is gaining traction every day, and once it's approved, we could see a surge of liquidity into the Ethereum ecosystem ๐Ÿš€

I'm starting to accumulate projects within the ecosystem, and one of them is LDO

I'll be looking to buy in the $1.5-2.5 range ๐Ÿ“ˆ

๐Ÿ“ˆ https://www.tradingview.com/x/4XpTdhEa/
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#ETH

Today the market is waiting for the release of data on the preliminary decision of ETH ETF, now to a greater extent the ETH chart depends on this news ๐Ÿ’ฌ

If the ETF is approved, I expect to see a regest of ATH ๐Ÿš€

Now the local level is $3678, if the price goes under it and consolidates, the nearest support range will be $3300-3500

โš ๏ธ Trade carefully today, the market can be volatile

๐Ÿ“ˆ https://www.tradingview.com/x/Xvu8lNxP/
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โšก๏ธETH Spot ETF approved
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But take your time ๐Ÿ’ฌ
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PatternsHunter
#WIF I'm considering this pattern, interesting squeeze But keep in mind, there might be a stop loss hunt before the impulse โ“ ๐Ÿ“ˆ https://www.tradingview.com/x/wRaQ0rP1/
By the way, maybe someone heard the โ€œETF PEPEโ€ joke yesterday? Oh well, no big deal...

Look at that meme panel again, in fact, PEPE alone has almost doubled, SVM memes are still standing

And the bet on WIF, among other things, was on that parameter. Because PEPE has almost always been at parity with WIF, and now apparently something is broken

Returning to these thoughts, we can come to the conclusion that SOL ETF is also quite probable, just some new paradigm has been formed

To attract more interest, ETF's will be launched, yes, maybe even all the way up to DOGE. Because VanEck, who owns ETF's on BTC & ETH, have also made their memecoin index as well

So such approves and quick approves should not be surprised, because they will be politically motivated, even if it's even a little bit profitable ๐Ÿถ
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PatternsHunter
#BTC All eyes are on Ethereum, but meanwhile, BTC is almost at its ATH ๐Ÿš€ Iโ€™m expecting a consolidation phase between $68800-72000, followed by an ATH retest Also watching the liquidity zone at $66100-$67000. If BTC dips there and buyers step in, I'm readyโ€ฆ
#BTC

Stuck under resistance

The bulls couldn't immediately absorb the sellers at the $70000-72000 levels, and their time is running out. I think we'll see another attempt to beat the bears in the next few days ๐Ÿ“ˆโ‰๏ธ

If they fail, we'll likely head into a correction โš ๏ธ

๐Ÿ“ˆ https://www.tradingview.com/x/jQU9oKny/
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#FXS

The coin looks interesting, there is a large accumulation of liquidity in the $4.6-10 zone

I am considering buying on spot in the range of $4-4.6 ๐Ÿ“ˆ

๐Ÿ“ˆ https://www.tradingview.com/x/PJW7tWOt/
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#SOL

The chart looks promising, as long as there are no surprises from BTC โœ…

Recently, BTC has been showing the following pattern over roughly a month:

Sunday to Monday: slight increase
Tuesday to Thursday: slight correction
Wednesday to Friday: reversal formation towards growth

This pattern could influence #SOL, so keep this in mind if you're trading with leverage โš ๏ธ

By the way, two days ago, FTX completely unloaded their SOL holdings, selling the last batch of 800,000 SOL at $102 to Pantera Capital and Fig Markets

๐Ÿ“ˆ https://www.tradingview.com/x/LmfUxItH/
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#PEPE

Look at the cyclical nature of March's growth. It is accompanied by periodic corrections ranging from 20% to 40%

And now, according to IntoTheBlock data, 96% of all PEPE holders are in profit. This slight unloading might come as a surprise ๐Ÿ“‰

96% is just the on-chain metrics. Think about how many perp & futures long positions are currently open, everyone is basking in green PNL

But one such shakeout could plunge us into the familiar phase of either "it's over" or, even better, "it's so over". After that, as always, it's "We're back" and off we go to surpass SHIB's market cap โ“
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List of crypto project events for the coming week:

#UNI - voting to enable the Uniswap board sharing mechanism will begin on May 31st

#SEI - Sei V2 will be launched on May 27. this update will turn Sei into a high performance parallelized EVM

#LINK - Chainlink and Swift will hold a tokenization discussion on May 30. Chainlink is rumored to make a big announcement as well

#MOE - Merchant Moe, the main DEX on Mantle, will activate fee splitting for #MOE stakers next week

#ENA - Ethena will launch 4 new DeFi integrations and announce new CEX integrations for USDe next week

#DYDX - $70M of DYDX will be unlocked on June 1. that's 12% of its circulating supply
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#TWT

Looks interesting, looks like BNB before the impulse โœจ

๐Ÿ“ˆ https://www.tradingview.com/x/N0iIhvTA/
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