Two key measures confirm this is a historically mild bear market ππ΄. Against the 200D MA, no prior bear kept price this close to trend β deepest discount this cycle stopped well short of the mildest bear before it πͺ.
Drawdown from #AllTimeHigh tells the same story β prior bears bottomed well below where this cycle has traded throughout. Historically shallow conditions suggesting structural resilience beneath the surface β‘οΈπ―π
Drawdown from #AllTimeHigh tells the same story β prior bears bottomed well below where this cycle has traded throughout. Historically shallow conditions suggesting structural resilience beneath the surface β‘οΈπ―π
Pro Crypto Analyst
#BTC Weekly TF Update: #BTC faced a straight rejection from weekly #Resistance back down to weekly #Support β range continues to extend further into next week ππ΄. No strong news events expected this month keeping #Breakout chances pretty low with market likelyβ¦
#BTC Update:
#BTC closed its weekly candle near the #Support area with nothing particularly clear emerging from the structure ππ΄. This week expected to bring more of the same indecisive price action with little meaningful movement likely to occur πͺ.
A downtrend move can be expected from current levels β avoid forcing any long entries and stay patient as the market continues to grind lower without any strong catalyst to spark a meaningful directional move β‘οΈπ―π
#BTC closed its weekly candle near the #Support area with nothing particularly clear emerging from the structure ππ΄. This week expected to bring more of the same indecisive price action with little meaningful movement likely to occur πͺ.
A downtrend move can be expected from current levels β avoid forcing any long entries and stay patient as the market continues to grind lower without any strong catalyst to spark a meaningful directional move β‘οΈπ―π
Pro Crypto Analyst
#US30 Update: #US30 moving exactly as planned, reaching a new #AllTimeHigh with a strong 3% move to the upside ππ’πͺ. Setup playing out perfectly with bullish momentum remaining firmly intact and no signs of reversal in sight π΄. Hold long positions confidentlyβ¦
#US30 Update:
#US30 forming a small #WedgePattern with support sitting slightly lower β a negative break could send the index falling further ππ΄. Structure remains uncertain with no clear directional bias emerging from either side at this stage πͺ.
However in case of a positive #Breakout, short-term #Buys look favorable targeting the #ATH as take profit β take the setup in whichever direction price breaks and manage risk carefully once the move develops β‘οΈπ―π
#US30 forming a small #WedgePattern with support sitting slightly lower β a negative break could send the index falling further ππ΄. Structure remains uncertain with no clear directional bias emerging from either side at this stage πͺ.
However in case of a positive #Breakout, short-term #Buys look favorable targeting the #ATH as take profit β take the setup in whichever direction price breaks and manage risk carefully once the move develops β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC closed its weekly candle near the #Support area with nothing particularly clear emerging from the structure ππ΄. This week expected to bring more of the same indecisive price action with little meaningful movement likely to occur πͺ. A downtrendβ¦
#BTC Update:
#BTC surged strongly at the NY open and is now nearly back at the #Resistance area with bullish momentum building ππ’πͺ. Price approaching this critical level once again with more conviction than previous attempts π΄.
Hoping for a clean break through this time to finally kickstart a sustained bullish market β a confirmed close above resistance would be a significant signal that the tide is turning and the next leg higher is beginning β‘οΈπ―π
#BTC surged strongly at the NY open and is now nearly back at the #Resistance area with bullish momentum building ππ’πͺ. Price approaching this critical level once again with more conviction than previous attempts π΄.
Hoping for a clean break through this time to finally kickstart a sustained bullish market β a confirmed close above resistance would be a significant signal that the tide is turning and the next leg higher is beginning β‘οΈπ―π
Pro Crypto Analyst
#GOLD Update: #GOLD showed a clean #TrianglePattern breakout alongside a sideways market breakout β providing a solid entry opportunity that has already moved into profit ππ’πͺ. Price action looking constructive with further upside still remaining on the tableβ¦
#GOLD Update:
#GOLD gave a clean flip over #Resistance and is now heading for a retest of the broken level ππ’πͺ. Structure turning increasingly bullish with buyers showing clear intentions of defending this newly flipped support π΄.
Once price drops lower for the retest, switch to LTF for confirmation before taking #Buys β a clean rejection candle on lower timeframes would provide the ideal and safest entry point β‘οΈπ―π
#GOLD gave a clean flip over #Resistance and is now heading for a retest of the broken level ππ’πͺ. Structure turning increasingly bullish with buyers showing clear intentions of defending this newly flipped support π΄.
Once price drops lower for the retest, switch to LTF for confirmation before taking #Buys β a clean rejection candle on lower timeframes would provide the ideal and safest entry point β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC surged strongly at the NY open and is now nearly back at the #Resistance area with bullish momentum building ππ’πͺ. Price approaching this critical level once again with more conviction than previous attempts π΄. Hoping for a clean break throughβ¦
#BTC Update:
#BTC tapped into the #Resistance zone again only to face another decent rejection β zone standing strong with sellers defending it aggressively ππ΄. Price expected to reach the mid-way of the range once again following the rejection πͺ.
Notably on HTF an #InverseHeadAndShoulders pattern is forming β an early potential reversal indication worth watching very closely as it could signal a significant trend change is quietly developing beneath the surface β‘οΈπ―π
#BTC tapped into the #Resistance zone again only to face another decent rejection β zone standing strong with sellers defending it aggressively ππ΄. Price expected to reach the mid-way of the range once again following the rejection πͺ.
Notably on HTF an #InverseHeadAndShoulders pattern is forming β an early potential reversal indication worth watching very closely as it could signal a significant trend change is quietly developing beneath the surface β‘οΈπ―π
Pro Crypto Analyst
#BTC.D Update: #BTC.D failed to make a new #HigherHigh and is now moving sideways after the #TrianglePattern break with no clear momentum emerging ππ΄. Index showing indecision but moving higher remains probable from current structure πͺ. Altcoins could dipβ¦
#BTC.D Update:
#BTC.D still respecting the #Consolidation and shooting all the way up to the top of the range ππ΄. Altcoins experienced a very short-term down move that lacked any real impact on the broader market πͺ.
If dominance faces a rejection from here, we can expect a significant 10%β30% jump across #Altcoins β this could be the catalyst the altcoin market has been waiting for, watch this level very closely as a rejection would open the door for meaningful moves β‘οΈπ―π
#BTC.D still respecting the #Consolidation and shooting all the way up to the top of the range ππ΄. Altcoins experienced a very short-term down move that lacked any real impact on the broader market πͺ.
If dominance faces a rejection from here, we can expect a significant 10%β30% jump across #Altcoins β this could be the catalyst the altcoin market has been waiting for, watch this level very closely as a rejection would open the door for meaningful moves β‘οΈπ―π
Exchange deposits and withdrawals thinning out together β both running at roughly the same modest pace, among the quietest combined flows of the past three years ππ΄. Balances drifted higher off April trough but broadly flat since early July πͺ.
Pattern reads less like distribution or accumulation and more like pure disinterest β a classic signature of the quiet middle of a bear market. With so little moving on-chain, minimal standing supply is positioned to absorb any sudden change in demand should one arrive β‘οΈπ―π
Pattern reads less like distribution or accumulation and more like pure disinterest β a classic signature of the quiet middle of a bear market. With so little moving on-chain, minimal standing supply is positioned to absorb any sudden change in demand should one arrive β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC tapped into the #Resistance zone again only to face another decent rejection β zone standing strong with sellers defending it aggressively ππ΄. Price expected to reach the mid-way of the range once again following the rejection πͺ. Notablyβ¦
#BTC Update:
#BTC made a sharp and clean #Breakout of the major #Resistance area, immediately hitting the $70,000 mark with strong bullish momentum ππ’πͺ. Next key #Resistance area now sitting at $71,250β$71,450 as the immediate target π΄.
Price could retrace before hitting resistance or push directly into the zone β either way watch closely for how it reacts at $71,250β$71,450 as that reaction will determine the next short-term directional move β‘οΈπ―π
#BTC made a sharp and clean #Breakout of the major #Resistance area, immediately hitting the $70,000 mark with strong bullish momentum ππ’πͺ. Next key #Resistance area now sitting at $71,250β$71,450 as the immediate target π΄.
Price could retrace before hitting resistance or push directly into the zone β either way watch closely for how it reacts at $71,250β$71,450 as that reaction will determine the next short-term directional move β‘οΈπ―π
Pro Crypto Analyst
#ATOM Analysis: #ATOM showing very unclear price action with nothing clean to work with β just a clear #Downtrend with small upward moves that lack any real conviction ππ΄. Structure remains firmly bearish with no meaningful signs of recovery or bullish intentβ¦
#ATOM Update:
#ATOM gave a clean break and retest of the #Resistance line, now setting up a solid trading range with 10.7% room to work with ππ΄. Structure looking favorable with the retest holding well and price respecting key levels cleanly πͺ.
Drawn #Resistance area provides a clear and well-defined range to trade β take the setup accordingly with proper risk management and let the trade develop at its own pace for maximum gains β‘οΈπ―π
#ATOM gave a clean break and retest of the #Resistance line, now setting up a solid trading range with 10.7% room to work with ππ΄. Structure looking favorable with the retest holding well and price respecting key levels cleanly πͺ.
Drawn #Resistance area provides a clear and well-defined range to trade β take the setup accordingly with proper risk management and let the trade develop at its own pace for maximum gains β‘οΈπ―π
#BTC ETF Flow Update:
#SpotETF flows turned positive mid-July before flipping straight back negative within the same week ππ΄. Net flows modestly negative again β though barely registering compared to the heavy redemption waves of June and early July πͺ.
Institutional channel neither selling the market down nor buying it up β last week's flip lacked the persistence that mattered most. Institutional demand remains in a holding pattern with no clear conviction emerging in either direction β‘οΈπ―π
#SpotETF flows turned positive mid-July before flipping straight back negative within the same week ππ΄. Net flows modestly negative again β though barely registering compared to the heavy redemption waves of June and early July πͺ.
Institutional channel neither selling the market down nor buying it up β last week's flip lacked the persistence that mattered most. Institutional demand remains in a holding pattern with no clear conviction emerging in either direction β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC made a sharp and clean #Breakout of the major #Resistance area, immediately hitting the $70,000 mark with strong bullish momentum ππ’πͺ. Next key #Resistance area now sitting at $71,250β$71,450 as the immediate target π΄. Price could retraceβ¦
#BTC Update:
#BTC gave a clean break of the #Resistance area followed by a successful retest β bullish structure now firmly intact ππ’πͺ. Price still shooting higher with the next key area sitting at the $82,000 mark π΄.
Currently sitting at minor #Resistance which could trigger a small rejection before continuation β watch closely for how price reacts here as a clean push through would open the path directly toward $82,000 β‘οΈπ―π
#BTC gave a clean break of the #Resistance area followed by a successful retest β bullish structure now firmly intact ππ’πͺ. Price still shooting higher with the next key area sitting at the $82,000 mark π΄.
Currently sitting at minor #Resistance which could trigger a small rejection before continuation β watch closely for how price reacts here as a clean push through would open the path directly toward $82,000 β‘οΈπ―π
Pro Crypto Analyst
#BANANA Update: #BANANA forming a #BullFlag pattern following the break of the #DowntrendChannel β a potential bullish continuation signal developing ππ’πͺ. Structure showing early signs of a possible trend shift worth watching closely π΄. Place stops at theβ¦
#BANANA Update:
#BANANA made an excellent move delivering 19% in profits with the setup playing out perfectly ππ’πͺ. Price now attempting to push higher again and is on the verge of printing a new #HigherHigh π΄.
Momentum remains strong and bullish structure intact β hold positions and let the trade continue running as further upside looks increasingly likely from current levels β‘οΈπ―π
#BANANA made an excellent move delivering 19% in profits with the setup playing out perfectly ππ’πͺ. Price now attempting to push higher again and is on the verge of printing a new #HigherHigh π΄.
Momentum remains strong and bullish structure intact β hold positions and let the trade continue running as further upside looks increasingly likely from current levels β‘οΈπ―π
#BTC Options Update:
Cost of downside protection collapsed to almost nothing on July 21 β the same session #BTC printed its local high after the rally off June lows ππ΄. Hedges were sold directly into the top leaving the market completely exposed πͺ.
Deleveraging that accompanied the rally left market leaning into the subsequent move lower β a classic sign that protective positioning was abandoned at exactly the wrong time β‘οΈπ―π
Cost of downside protection collapsed to almost nothing on July 21 β the same session #BTC printed its local high after the rally off June lows ππ΄. Hedges were sold directly into the top leaving the market completely exposed πͺ.
Deleveraging that accompanied the rally left market leaning into the subsequent move lower β a classic sign that protective positioning was abandoned at exactly the wrong time β‘οΈπ―π
Pro Crypto Analyst
#BITCOIN Daily TF Update: #BITCOIN continuing to face rejection at intermediate #Resistance while remaining stuck inside the range with no clear breakout materializing ππ΄. Price action remains frustratingly repetitive with sellers defending overhead levelsβ¦
#BITCOIN Daily TF Update:
#BITCOIN played the #InverseHeadAndShoulders pattern perfectly with a healthy and clean #Breakout of the resistance ππ’πͺ. Pattern execution could not have been cleaner with bullish momentum now firmly taking control of the market structure π΄.
Next major target area sitting at $84,500β$85,000 β watch closely for how price reacts at this level as it will be the key determinant for whether the bullish momentum continues pushing higher β‘οΈπ―π
#BITCOIN played the #InverseHeadAndShoulders pattern perfectly with a healthy and clean #Breakout of the resistance ππ’πͺ. Pattern execution could not have been cleaner with bullish momentum now firmly taking control of the market structure π΄.
Next major target area sitting at $84,500β$85,000 β watch closely for how price reacts at this level as it will be the key determinant for whether the bullish momentum continues pushing higher β‘οΈπ―π
Pro Crypto Analyst
#TOTAL Update: #TOTAL still moving back and forth within the #Support area with sideways price action dominating ππ΄. Market remains completely undecided with prices floating aimlessly until a solid confirmation signal finally kicks in πͺ. Nothing actionableβ¦
#TOTAL Update:
#TOTAL had a very strong surge in inflow pushing straight into #Resistance with a rejection looking likely from here ππ’πͺ. Bullish momentum building strongly but sellers are likely to defend this level aggressively π΄.
If price starts breaking through #Resistance convincingly, we can expect a significant market pump across the board β a clean close above would be the green light for broader market upside and meaningful altcoin moves β‘οΈπ―π
#TOTAL had a very strong surge in inflow pushing straight into #Resistance with a rejection looking likely from here ππ’πͺ. Bullish momentum building strongly but sellers are likely to defend this level aggressively π΄.
If price starts breaking through #Resistance convincingly, we can expect a significant market pump across the board β a clean close above would be the green light for broader market upside and meaningful altcoin moves β‘οΈπ―π
#MANTA Analysis:
#MANTA missing both sides of the key #Support and #Resistance areas around $0.050 and $0.16 respectively with no clean structure to work with ππ΄. Price action remains messy and unclear but further downside still looks probable from current levels πͺ.
Taking #ShortSelling as the primary advantage here β structure continues favoring the downside and risk to reward looks favorable for sellers despite the lack of clean technical levels to work with β‘οΈπ―π
#MANTA missing both sides of the key #Support and #Resistance areas around $0.050 and $0.16 respectively with no clean structure to work with ππ΄. Price action remains messy and unclear but further downside still looks probable from current levels πͺ.
Taking #ShortSelling as the primary advantage here β structure continues favoring the downside and risk to reward looks favorable for sellers despite the lack of clean technical levels to work with β‘οΈπ―π