Recent retest of low $60Ks was spot-led β #SpotCVD falling far faster than #FuturesCVD over the past 10 days ππ΄. Open Interest stayed subdued with funding stubbornly positive β perpetual longs slow to capitulate, pressure not originating from derivatives πͺ.
That is now changing β #OpenInterest spiking sharply as #BTC retests lows with Futures CVD finally turning down alongside spot. Spot did the heavy lifting down, derivatives now catching up β continued OI build alongside falling Futures CVD and softer funding would confirm broad capitulation into lows β‘οΈπ―π
That is now changing β #OpenInterest spiking sharply as #BTC retests lows with Futures CVD finally turning down alongside spot. Spot did the heavy lifting down, derivatives now catching up β continued OI build alongside falling Futures CVD and softer funding would confirm broad capitulation into lows β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC closing weekly inside the range again, floating in between key levels with no clear directional conviction ππ΄. Lower timeframe story remains unchanged β indecisive and directionless price action continuing to frustrate both bulls and bearsβ¦
#BTC Update:
#BTC slowly rising and nearly reaching the major #Resistance area with a rejection looking likely ππ΄. Another short-term high could form as price enters the resistance zone before sellers step in aggressively πͺ.
Nothing in the current structure suggests genuine bullishness β sit back, relax and avoid forcing any trades until a clear and convincing signal emerges from either direction β‘οΈπ―π
#BTC slowly rising and nearly reaching the major #Resistance area with a rejection looking likely ππ΄. Another short-term high could form as price enters the resistance zone before sellers step in aggressively πͺ.
Nothing in the current structure suggests genuine bullishness β sit back, relax and avoid forcing any trades until a clear and convincing signal emerges from either direction β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC slowly rising and nearly reaching the major #Resistance area with a rejection looking likely ππ΄. Another short-term high could form as price enters the resistance zone before sellers step in aggressively πͺ. Nothing in the current structureβ¦
#BTC Update:
#BTC started moving lower with an attempted shift in market structure toward bearish continuation ππ΄. Price action clearly favoring the downside with sellers beginning to regain control at current levels πͺ.
Do not enter long positions early β watch closely for #ShortSelling opportunities as structure shifts and let the market confirm the bearish continuation before committing to any trades β‘οΈπ―π
#BTC started moving lower with an attempted shift in market structure toward bearish continuation ππ΄. Price action clearly favoring the downside with sellers beginning to regain control at current levels πͺ.
Do not enter long positions early β watch closely for #ShortSelling opportunities as structure shifts and let the market confirm the bearish continuation before committing to any trades β‘οΈπ―π
Pro Crypto Analyst
#BTC.D Update: #BTC.D had a break below #Support and is now attempting to flip over β however index still looks firmly bearish with no clear signs of strength returning ππ΄. Altcoins likely to remain stuck in sideways price action rather than making any meaningfulβ¦
#BTC.D Update:
#BTC.D hasn't moved much, continuing to move back and forth with no clear directional bias emerging ππ΄. Index forming a #TrianglePattern β placing altcoins at a critical decision point that deserves close attention πͺ.
Wait for some sort of confirmation before taking #Shorts β for additional confidence, hold off until a clean #TrianglePattern breakout occurs in either direction before committing to any position β‘οΈπ―π
#BTC.D hasn't moved much, continuing to move back and forth with no clear directional bias emerging ππ΄. Index forming a #TrianglePattern β placing altcoins at a critical decision point that deserves close attention πͺ.
Wait for some sort of confirmation before taking #Shorts β for additional confidence, hold off until a clean #TrianglePattern breakout occurs in either direction before committing to any position β‘οΈπ―π
#BTC Supply in Loss Update:
10.83M BTC now underwater versus 9.22M BTC in profit β one of the most pronounced profitability deteriorations since the current bull market began ππ΄. Loss-making supply overtaking profitable supply signals elevated financial stress and widespread capitulation among newer participants πͺ.
Historically these conditions create opportunities for stronger hands to absorb coins from weaker holders. Combined with renewed #LTH accumulation, sharp decline in profitability suggests supply increasingly migrating toward higher conviction investors β a necessary step in the bottoming process β‘οΈπ―π
10.83M BTC now underwater versus 9.22M BTC in profit β one of the most pronounced profitability deteriorations since the current bull market began ππ΄. Loss-making supply overtaking profitable supply signals elevated financial stress and widespread capitulation among newer participants πͺ.
Historically these conditions create opportunities for stronger hands to absorb coins from weaker holders. Combined with renewed #LTH accumulation, sharp decline in profitability suggests supply increasingly migrating toward higher conviction investors β a necessary step in the bottoming process β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC started moving lower with an attempted shift in market structure toward bearish continuation ππ΄. Price action clearly favoring the downside with sellers beginning to regain control at current levels πͺ. Do not enter long positions earlyβ¦
#BTC Update:
#BTC still stuck in a range with no significant price action worth acting on at this stage ππ΄. Structure remains completely indecisive with neither bulls nor bears showing any real commitment to a directional move πͺ.
Price needs to break convincingly in either direction before any meaningful trade setups emerge β once that happens we can rest, relax and ride the move with confidence β‘οΈπ―π
#BTC still stuck in a range with no significant price action worth acting on at this stage ππ΄. Structure remains completely indecisive with neither bulls nor bears showing any real commitment to a directional move πͺ.
Price needs to break convincingly in either direction before any meaningful trade setups emerge β once that happens we can rest, relax and ride the move with confidence β‘οΈπ―π
Pro Crypto Analyst
#BCH Analysis: #BCH strongly rejecting the key #Support area around $180β$184 with buyers stepping in aggressively ππ’πͺ. Following a parabolic move structure, price could push up toward #Resistance area around $230β$232 as the next major target π΄. Setup looksβ¦
#BCH Update:
#BCH flipped and retraced back to the same level, now forming a small #ChannelPattern with bullish structure intact ππ’πͺ. Price action showing encouraging signs of strength with buyers defending the level consistently π΄.
Short-term #Longs with tighter stops look like a good strategy here β structure favors the upside and risk to reward looks favorable for a quick and clean move higher β‘οΈπ―π
#BCH flipped and retraced back to the same level, now forming a small #ChannelPattern with bullish structure intact ππ’πͺ. Price action showing encouraging signs of strength with buyers defending the level consistently π΄.
Short-term #Longs with tighter stops look like a good strategy here β structure favors the upside and risk to reward looks favorable for a quick and clean move higher β‘οΈπ―π
WTI crude has run to up 7.9% over the past seven days, with most of that leg happening in the last few hours after reports that the US-Iran memorandum of understanding had lapsed. The shock flipped the cross-asset tape. Bitcoin, up as much as 9.4% on the week, has rolled back to only a 5% weekly gain, while the S&P and Euro Stoxx both turned negative, the European index leading the move lower. For now, Bitcoin is trading strongly in line with risk assets.
Pro Crypto Analyst
#BTC Update: #BTC still stuck in a range with no significant price action worth acting on at this stage ππ΄. Structure remains completely indecisive with neither bulls nor bears showing any real commitment to a directional move πͺ. Price needs to break convincinglyβ¦
#BTC Update:
#BTC jumped again during the NYSE open with clean #Liquidity building just below the major #Resistance area ππ’πͺ. A tap into that zone will surely give a strong reaction worth capitalizing on π΄.
Take short-term low-leverage trades and let the market show its hand β no need to overcommit at this stage, keep positions light and manageable while watching closely for the reaction β‘οΈπ―π
#BTC jumped again during the NYSE open with clean #Liquidity building just below the major #Resistance area ππ’πͺ. A tap into that zone will surely give a strong reaction worth capitalizing on π΄.
Take short-term low-leverage trades and let the market show its hand β no need to overcommit at this stage, keep positions light and manageable while watching closely for the reaction β‘οΈπ―π
As Bitcoin approaches a potential cyclical bottom, the key question is what is driving the selling pressure. Since price fell below the True Market Mean, long-term holders have become the dominant sellers, with their share of realized losses rising from 15% in early February 2026 to 43% today (30D-SMA). This reflects capitulation by investors who bought near the cycle top and are exiting after months of losses, creating persistent sell pressure that has limited Bitcoin's ability to reclaim higher price levels.
Pro Crypto Analyst
#BITCOIN Daily TF Update: #BITCOIN had a strong reaction from the major #Support area with a clear shift in market structure becoming visible ππ’πͺ. However this does not necessarily confirm a bullish trend has begun β further confirmation is still very muchβ¦
#BITCOIN Daily TF Update:
#BITCOIN still stuck in a range on the Daily TF, attempting to turn bullish but lacking clear conviction to make a decisive move ππ΄. Structure remains indecisive with no clear stand from either bulls or bears at this stage πͺ.
Nothing actionable just yet β wait further and watch closely to see if this range breaks with conviction in either direction before committing to any position β‘οΈπ―π
#BITCOIN still stuck in a range on the Daily TF, attempting to turn bullish but lacking clear conviction to make a decisive move ππ΄. Structure remains indecisive with no clear stand from either bulls or bears at this stage πͺ.
Nothing actionable just yet β wait further and watch closely to see if this range breaks with conviction in either direction before committing to any position β‘οΈπ―π
Pro Crypto Analyst
#TOTAL Update: #TOTAL flipped the area and gave a clean #Breakout of the small #FlagPattern ππ’πͺ. Index also flipped alongside #BTC showing early signs of bullishness β however more confluence is still needed before turning fully bullish π΄. Encouraging signsβ¦
#TOTAL Update:
#TOTAL made a clean flip and successfully retested the zone β short-term upward move now looking increasingly likely ππ’πͺ. Following the #UptrendChannel pattern with structure beginning to turn more constructive π΄.
If channel continues to hold, further upside across the broader market looks favorable β watch closely for confirmation and manage positions carefully as the move develops β‘οΈπ―π
#TOTAL made a clean flip and successfully retested the zone β short-term upward move now looking increasingly likely ππ’πͺ. Following the #UptrendChannel pattern with structure beginning to turn more constructive π΄.
If channel continues to hold, further upside across the broader market looks favorable β watch closely for confirmation and manage positions carefully as the move develops β‘οΈπ―π
Pro Crypto Analyst
#BTC Weekly TF Update: #BTC attempting a weekly close above the zone with short-term bullishness visible on the Daily TF ππ΄. Bearish sentiment remains firmly intact on higher timeframes despite the encouraging short-term price action πͺ. Expecting a slightβ¦
#BTC Weekly TF Update:
#BTC flipped above with this week close to forming a #PinBar candlestick β a potential reversal signal worth watching closely ππ’πͺ. Price still stuck within the range with no clear directional bias confirmed yet π΄.
Expecting a potential ride toward $65,500β$66,300 in the near term β however overall nothing can be determined with confidence until the market makes its direction very clear and breaks convincingly in either direction β‘οΈπ―π
#BTC flipped above with this week close to forming a #PinBar candlestick β a potential reversal signal worth watching closely ππ’πͺ. Price still stuck within the range with no clear directional bias confirmed yet π΄.
Expecting a potential ride toward $65,500β$66,300 in the near term β however overall nothing can be determined with confidence until the market makes its direction very clear and breaks convincingly in either direction β‘οΈπ―π
Pro Crypto Analyst
#DXY Update: #DXY moved exactly as planned, tapping straight into #Resistance with a slight rejection forming ππ΄. Momentum and market structure still looking bullish despite the rejection β bulls maintaining control above key levels πͺ. Market may pull backβ¦
#DXY Update:
#DXY faced a strong rejection from #Resistance but a long #UptrendChannel pattern remains clearly visible with a small #FlagPattern forming within it ππͺ. Index appears strongly bullish despite the rejection β structure continues to favor the upside π΄.
Expecting a bullish continuation next week as the flag resolves higher β stay alert as continued dollar strength could add pressure on crypto and other risk assets heading into the new week β‘οΈπ―π
#DXY faced a strong rejection from #Resistance but a long #UptrendChannel pattern remains clearly visible with a small #FlagPattern forming within it ππͺ. Index appears strongly bullish despite the rejection β structure continues to favor the upside π΄.
Expecting a bullish continuation next week as the flag resolves higher β stay alert as continued dollar strength could add pressure on crypto and other risk assets heading into the new week β‘οΈπ―π
#SNX Analysis:
#SNX kept making new #LowerLows after breaking the support formation with bearish momentum remaining firmly intact ππ΄. Price now going into a small #Consolidation after the break β a classic pause before potential continuation lower πͺ.
#ShortSelling looks like a great opportunity once a proper setup forms on the retracement β wait for price to retrace and confirm before entering, manage risk carefully and let the trade develop at its own pace β‘οΈπ―π
#SNX kept making new #LowerLows after breaking the support formation with bearish momentum remaining firmly intact ππ΄. Price now going into a small #Consolidation after the break β a classic pause before potential continuation lower πͺ.
#ShortSelling looks like a great opportunity once a proper setup forms on the retracement β wait for price to retrace and confirm before entering, manage risk carefully and let the trade develop at its own pace β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC jumped again during the NYSE open with clean #Liquidity building just below the major #Resistance area ππ’πͺ. A tap into that zone will surely give a strong reaction worth capitalizing on π΄. Take short-term low-leverage trades and let theβ¦
#BTC Update:
#BTC finally tapped into the #Resistance area and faced a strong rejection as expected ππ΄. Price has moved back into the middle of the large range with bearish bias continuing to dominate the structure πͺ.
Drop likely to persist toward #Support area around $58,200β$59,550 as the next major target β hold existing short positions and avoid catching any bounces prematurely until price reaches that key level β‘οΈπ―π
#BTC finally tapped into the #Resistance area and faced a strong rejection as expected ππ΄. Price has moved back into the middle of the large range with bearish bias continuing to dominate the structure πͺ.
Drop likely to persist toward #Support area around $58,200β$59,550 as the next major target β hold existing short positions and avoid catching any bounces prematurely until price reaches that key level β‘οΈπ―π
Shifting from on-chain data to off-chain market dynamics, ETF investor behavior offers another view of institutional demand. The 30-day SMA of ETF Netflow smooths daily flows into and out of US spot Bitcoin ETFs, highlighting the underlying trend.
Since mid-May 2026, the indicator has remained in a net outflow regime, reaching -$193M per day in early June before improving to -$88.9M currently. Although outflows have slowed, institutional demand has yet to stabilize. A move closer to neutral would be an important signal before expecting renewed expansion in ETF inflows.
Since mid-May 2026, the indicator has remained in a net outflow regime, reaching -$193M per day in early June before improving to -$88.9M currently. Although outflows have slowed, institutional demand has yet to stabilize. A move closer to neutral would be an important signal before expecting renewed expansion in ETF inflows.
Pro Crypto Analyst
#BITCOIN Daily TF Update: #BITCOIN still stuck in a range on the Daily TF, attempting to turn bullish but lacking clear conviction to make a decisive move ππ΄. Structure remains indecisive with no clear stand from either bulls or bears at this stage πͺ. Nothingβ¦
#BITCOIN Daily TF Update:
#BITCOIN following a small #ChannelPattern on the Daily TF, moving near the highs with price still consolidating at this level ππ΄. Structure remains uncertain with no convincing breakout to the upside materializing yet πͺ.
Price could easily move lower again back toward the #Support area from here β avoid getting caught in premature longs and wait for a clear and confirmed directional move before committing to any position β‘οΈπ―π
#BITCOIN following a small #ChannelPattern on the Daily TF, moving near the highs with price still consolidating at this level ππ΄. Structure remains uncertain with no convincing breakout to the upside materializing yet πͺ.
Price could easily move lower again back toward the #Support area from here β avoid getting caught in premature longs and wait for a clear and confirmed directional move before committing to any position β‘οΈπ―π
#BTC pressure this quarter driven by rising real rates β not broad risk-off sentiment ππ΄. 10Y real yields climbing to 2026 highs near 2.4% with #DXY holding above its 200D MA since May πͺ.
Notably the broader risk complex shows no stress β equities near highs, credit spreads tight and volatility subdued. This is a rate and dollar story weighing specifically on #BTC rather than a broad market panic β‘οΈπ―π
Notably the broader risk complex shows no stress β equities near highs, credit spreads tight and volatility subdued. This is a rate and dollar story weighing specifically on #BTC rather than a broad market panic β‘οΈπ―π
Pro Crypto Analyst
#BTC Weekly TF Update: #BTC flipped above with this week close to forming a #PinBar candlestick β a potential reversal signal worth watching closely ππ’πͺ. Price still stuck within the range with no clear directional bias confirmed yet π΄. Expecting a potentialβ¦
#BTC Weekly TF Update:
#BTC closed the week indecisively with a retest encountering the drawn #Resistance once again ππ΄. Price currently going through #Consolidation with no clear directional bias emerging from either side πͺ.
Need to see a confirmed #Breakout sooner β either above $66,000 to the upside or below $61,500 to the downside before any meaningful trade setups become available. Patience remains the best approach until market makes its intention clear β‘οΈπ―π
#BTC closed the week indecisively with a retest encountering the drawn #Resistance once again ππ΄. Price currently going through #Consolidation with no clear directional bias emerging from either side πͺ.
Need to see a confirmed #Breakout sooner β either above $66,000 to the upside or below $61,500 to the downside before any meaningful trade setups become available. Patience remains the best approach until market makes its intention clear β‘οΈπ―π
BTC correlation with US equities easing since winter while inverse relationship with the #Dollar continues deepening ππ΄. Price trading less like a stock proxy and more like an asset that firms specifically when dollar weakens πͺ.
Dollar and liquidity channel now matters more than equity sentiment for #BTC direction. If macro conditions ease from here, dollar weakness remains the most likely catalyst to move price first β‘οΈπ―π
Dollar and liquidity channel now matters more than equity sentiment for #BTC direction. If macro conditions ease from here, dollar weakness remains the most likely catalyst to move price first β‘οΈπ―π