Pro Crypto Analyst
#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 hereβ¦
#BTC.D Update:
#BTC.D gave a range break and rejection, now attempting to reach the area around 60.77% once again ππ΄. Rising dominance remains a concern β altcoins likely to go lower in the short term as money continues flowing toward #BTC πͺ.
If #BTC crashes simultaneously alongside rising dominance, the situation for altcoins could worsen significantly β stay cautious with any altcoin long positions and avoid overexposure until dominance shows a clear and convincing reversal from key levels β‘οΈπ―π
#BTC.D gave a range break and rejection, now attempting to reach the area around 60.77% once again ππ΄. Rising dominance remains a concern β altcoins likely to go lower in the short term as money continues flowing toward #BTC πͺ.
If #BTC crashes simultaneously alongside rising dominance, the situation for altcoins could worsen significantly β stay cautious with any altcoin long positions and avoid overexposure until dominance shows a clear and convincing reversal from key levels β‘οΈπ―π
Expensive week for bullish positioning β #Skew climbed back off its lows with volume #PutCallRatio bottoming at yearly lows before climbing hard as price slid ππ΄. #PerpFunding pinned below neutral all month reinforcing the cautious backdrop πͺ.
Open interest tells a more cautious story β OI put/call ratio barely lifted off its bottom despite the repositioning. Until the carried book follows through, this remains repositioning rather than a genuine change of stance β‘οΈπ―π
Open interest tells a more cautious story β OI put/call ratio barely lifted off its bottom despite the repositioning. Until the carried book follows through, this remains repositioning rather than a genuine change of stance β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC gone sideways on the hourly timeframe forming #Support at $78,500 which is currently being tested ππ΄. Structure remains uncertain at this level with bulls needing to defend it convincingly to maintain the current bullish momentum πͺ. A closeβ¦
#BTC Update:
#BTC following the uptrend move again and now forming a clean #ChannelPattern with bullish structure firmly intact ππ’πͺ. Price action looking increasingly ready for another leg up toward a new #HigherHigh π΄.
Setup looks promising and momentum is building in the right direction β stay in positions and let the trade run as the channel continues to support the bullish case for further upside continuation β‘οΈπ―π
#BTC following the uptrend move again and now forming a clean #ChannelPattern with bullish structure firmly intact ππ’πͺ. Price action looking increasingly ready for another leg up toward a new #HigherHigh π΄.
Setup looks promising and momentum is building in the right direction β stay in positions and let the trade run as the channel continues to support the bullish case for further upside continuation β‘οΈπ―π
Pro Crypto Analyst
#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 #Resistanceβ¦
#ATOM Update:
#ATOM going perfectly with the drawn zone working exactly as planned β back-to-back executions playing out beautifully ππ’πͺ. Market now looking clearly bullish with momentum shifting decisively in favor of buyers π΄.
If holding short positions move to breakeven immediately β take #Longs after a confirmed flip of the zone for the next move higher, structure now favors the upside and there is no reason to fight the bullish momentum β‘οΈπ―π
#ATOM going perfectly with the drawn zone working exactly as planned β back-to-back executions playing out beautifully ππ’πͺ. Market now looking clearly bullish with momentum shifting decisively in favor of buyers π΄.
If holding short positions move to breakeven immediately β take #Longs after a confirmed flip of the zone for the next move higher, structure now favors the upside and there is no reason to fight the bullish momentum β‘οΈπ―π
Options buyers spent the rally paying for upside β since price rolled over a week ago budget has swung back toward puts ππ΄. One outsized put trade dominates the very end of that swing, skewing the read slightly πͺ.
Most notable shift is on the call side where upside spending has fallen sharply against last year's pace β this does not look like panic hedging but rather a measured reduction in bullish conviction β‘οΈπ―π
Most notable shift is on the call side where upside spending has fallen sharply against last year's pace β this does not look like panic hedging but rather a measured reduction in bullish conviction β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC following the uptrend move again and now forming a clean #ChannelPattern with bullish structure firmly intact ππ’πͺ. Price action looking increasingly ready for another leg up toward a new #HigherHigh π΄. Setup looks promising and momentumβ¦
#BTC Update:
#BTC still going nowhere and remaining inside the #ChannelPattern, reacting near the supporting trendline with no decisive move emerging ππ΄. Market can still push higher toward resistance but price has clearly slowed down β a concerning sign that bullish momentum may be fading πͺ.
Watch closely for whether buyers step in convincingly at the supporting line or whether the slowdown leads to a more meaningful pullback β the next few candles will be very telling for short term direction β‘οΈπ―π
#BTC still going nowhere and remaining inside the #ChannelPattern, reacting near the supporting trendline with no decisive move emerging ππ΄. Market can still push higher toward resistance but price has clearly slowed down β a concerning sign that bullish momentum may be fading πͺ.
Watch closely for whether buyers step in convincingly at the supporting line or whether the slowdown leads to a more meaningful pullback β the next few candles will be very telling for short term direction β‘οΈπ―π
The entire implied volatility curve π is compressed near the bottom of its historical range, while the six-month tenor β³ is sitting at an exceptionally low level.
Options traders are pricing in one of the quietest six-month periods on record π€«π β signaling unusually low expectations for volatility ahead.
Options traders are pricing in one of the quietest six-month periods on record π€«π β signaling unusually low expectations for volatility ahead.
Pro Crypto Analyst
#SNX Update: #SNX gave a break of the #Consolidation and formed a small range at the bottom β a clear signal favoring #ShortSelling ππ΄. Market attempting to sustain at the bottom of the range but structure remains firmly bearish with no convincing signs ofβ¦
#SNX made a brief 6% downward move π before sharply reversing and heading straight toward the marked resistance zone π―.
The key level was missed on the initial move, but it could be tested again very soon β³. The anticipated price movements are highlighted on the chart π.
The key level was missed on the initial move, but it could be tested again very soon β³. The anticipated price movements are highlighted on the chart π.
Pro Crypto Analyst
#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 marketβ¦
#BITCOIN Daily TF Update:
#BITCOIN rejecting near the #Resistance area and turning slightly bearish with momentum beginning to fade ππ΄. Structure showing early signs of a potential short-term reversal with sellers starting to regain control at these levels πͺ.
Next week may bring a downtrend or healthy correction β go with the flow and avoid fighting the market, manage open positions carefully and stay prepared to switch bias if bearish continuation confirms on higher timeframes β‘οΈπ―π
#BITCOIN rejecting near the #Resistance area and turning slightly bearish with momentum beginning to fade ππ΄. Structure showing early signs of a potential short-term reversal with sellers starting to regain control at these levels πͺ.
Next week may bring a downtrend or healthy correction β go with the flow and avoid fighting the market, manage open positions carefully and stay prepared to switch bias if bearish continuation confirms on higher timeframes β‘οΈπ―π
Pro Crypto Analyst
#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 breakingβ¦
#TOTAL Update:
#TOTAL still facing #Resistance from the marked area with a shallow break and close below confirming the rejection ππ΄. Structure leaning more toward a clear rejection than a genuine breakout attempt πͺ.
Next week looking like a correction week with a short-term down-move expected across the broader market β stay cautious with long positions and prepare for potential altcoin weakness as sentiment shifts slightly bearish heading into the new week β‘οΈπ―π
#TOTAL still facing #Resistance from the marked area with a shallow break and close below confirming the rejection ππ΄. Structure leaning more toward a clear rejection than a genuine breakout attempt πͺ.
Next week looking like a correction week with a short-term down-move expected across the broader market β stay cautious with long positions and prepare for potential altcoin weakness as sentiment shifts slightly bearish heading into the new week β‘οΈπ―π
Measured in coins rather than dollars, the price decline doesn't flatter the situation, as spot volume has hit its lowest levels since 2019 π. Even after stripping out Binanceβwhose zero-fee promotions inflated tracked volume through 2022 and 2023βthe picture remains similar, though this level still sits above the depths of the last bear market π».
Low volume is less about direction and more about who's left in the room. With cash being paid to wait, a significant portion of that volume appears to be simply waiting for the right moment β³.
Low volume is less about direction and more about who's left in the room. With cash being paid to wait, a significant portion of that volume appears to be simply waiting for the right moment β³.
Pro Crypto Analyst
#BTC Weekly TF Update: #BTC had a very strong bullish move straight toward #Resistance around $78,150 β one of the most convincing weekly candles seen in recent months ππ’πͺ. If today's candle closes this strongly, a shallow retracement is expected before anotherβ¦
#BTC Weekly TF Update:
#BTC made a strong bullish close on the weekly timeframe while also rejecting top #Resistance β potentially forming a reversal #PinBar candlestick ππ’πͺ. Market structure remains firmly bullish despite the rejection with strong momentum visible across multiple timeframes π΄.
Strong moves occurring in various directions as market processes the bullish weekly close β watch closely for follow through confirmation this week as the pin bar rejection could signal a short-term pullback before the next leg higher continues β‘οΈπ―π
#BTC made a strong bullish close on the weekly timeframe while also rejecting top #Resistance β potentially forming a reversal #PinBar candlestick ππ’πͺ. Market structure remains firmly bullish despite the rejection with strong momentum visible across multiple timeframes π΄.
Strong moves occurring in various directions as market processes the bullish weekly close β watch closely for follow through confirmation this week as the pin bar rejection could signal a short-term pullback before the next leg higher continues β‘οΈπ―π
Pro Crypto Analyst
#DXY Update: #DXY gave a clean shot below the zone β directly triggering the strong market movement witnessed across crypto and risk assets ππ΄. Dollar weakness playing out exactly as anticipated with bulls taking full advantage of the breakdown πͺ. More upsideβ¦
#DXY Update:
#DXY retraced this week and attempted to move above the zone without convincing follow through ππ΄. Structure remains uncertain with no clean directional signal emerging from either side at this stage πͺ.
Next week could bring a drop or correction in the index β prepare well with clear entries and tight stops as dollar weakness would be a positive catalyst for crypto and broader risk assets heading into the new week β‘οΈπ―π
#DXY retraced this week and attempted to move above the zone without convincing follow through ππ΄. Structure remains uncertain with no clean directional signal emerging from either side at this stage πͺ.
Next week could bring a drop or correction in the index β prepare well with clear entries and tight stops as dollar weakness would be a positive catalyst for crypto and broader risk assets heading into the new week β‘οΈπ―π
The order book suggests the money has not left so much as stepped back. Since early June a persistent stack of bids has built between 2% and 20% below spot and has stayed there, refreshed day after day. Above the price, the offer side has thinned considerably, with resting sell orders in the same band near their thinnest of the past month.
Buyers look willing, just not at these levels, and there is little supply standing in the way of a move higher. Thin books cut both ways, and they are often how a quiet market becomes a fast one.
Buyers look willing, just not at these levels, and there is little supply standing in the way of a move higher. Thin books cut both ways, and they are often how a quiet market becomes a fast one.
Pro Crypto Analyst
#BTC Weekly TF Update: #BTC made a strong bullish close on the weekly timeframe while also rejecting top #Resistance β potentially forming a reversal #PinBar candlestick ππ’πͺ. Market structure remains firmly bullish despite the rejection with strong momentumβ¦
#BTC Update:
#BTC going through the #ChannelPattern with the weekly close looking like a #PinBar candlestick β a potential reversal signal as previously indicated ππ΄. Correction this week looking increasingly likely as warned earlier πͺ.
Price likely to hit #Resistance first before any meaningful pullback begins β watch that level closely for confirmation of the correction and prepare positions accordingly before the move develops β‘οΈπ―π
#BTC going through the #ChannelPattern with the weekly close looking like a #PinBar candlestick β a potential reversal signal as previously indicated ππ΄. Correction this week looking increasingly likely as warned earlier πͺ.
Price likely to hit #Resistance first before any meaningful pullback begins β watch that level closely for confirmation of the correction and prepare positions accordingly before the move develops β‘οΈπ―π
Pro Crypto Analyst
#US30 UPDATE π : #US30 broke below the previous consolidation range and, importantly, delivered a strong bounce from the support area. This reaction suggests that buyers are still actively defending the zone and that volatility could continue to expand fromβ¦
#US30 Update:
#US30 retraced all the way up to the mentioned area and has now entered a #ConsolidationRange ππ’πͺ. Structure remains constructive with price respecting key levels cleanly after the retracement π΄.
Look for a confirmed range #Breakout before taking any positions β take the setup in whichever direction price breaks convincingly and manage risk carefully once the move develops at its own pace β‘οΈπ―π
#US30 retraced all the way up to the mentioned area and has now entered a #ConsolidationRange ππ’πͺ. Structure remains constructive with price respecting key levels cleanly after the retracement π΄.
Look for a confirmed range #Breakout before taking any positions β take the setup in whichever direction price breaks convincingly and manage risk carefully once the move develops at its own pace β‘οΈπ―π
Pro Crypto Analyst
#BANK Analysis: #BANK had a sharp liquidity-driven spike to old highs and is now on the verge of printing a new #LowerLow ππ΄. #Shorts look really favorable here with an anticipated 10%β20% move lower β‘οΈπ―π
#BANK Analysis:
#BANK entered a strong #Consolidation while continuing to hold the strong #Support area around $0.0345β$0.0361 ππ΄. Market sentiment remains mixed with no clear directional bias emerging from either side at this stage πͺ.
A healthy break and confirmed close below the support zone would open the door for #Shorts β wait for that clean break before entering and manage risk carefully once the setup confirms β‘οΈπ―π
#BANK entered a strong #Consolidation while continuing to hold the strong #Support area around $0.0345β$0.0361 ππ΄. Market sentiment remains mixed with no clear directional bias emerging from either side at this stage πͺ.
A healthy break and confirmed close below the support zone would open the door for #Shorts β wait for that clean break before entering and manage risk carefully once the setup confirms β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC going through the #ChannelPattern with the weekly close looking like a #PinBar candlestick β a potential reversal signal as previously indicated ππ΄. Correction this week looking increasingly likely as warned earlier πͺ. Price likely to hitβ¦
#BTC Update:
#BTC still moving sideways with very little activity as price continues building the right shoulder of the #HeadAndShoulders pattern ππ΄. Structure quietly taking shape beneath the surface with neither bulls nor bears making any decisive moves πͺ.
Let the right shoulder build successfully and wait for a confirmed break in either direction before entering β patience is absolutely key here as premature entries carry significant risk until the pattern completes and direction becomes clear β‘οΈπ―π
#BTC still moving sideways with very little activity as price continues building the right shoulder of the #HeadAndShoulders pattern ππ΄. Structure quietly taking shape beneath the surface with neither bulls nor bears making any decisive moves πͺ.
Let the right shoulder build successfully and wait for a confirmed break in either direction before entering β patience is absolutely key here as premature entries carry significant risk until the pattern completes and direction becomes clear β‘οΈπ―π
Pro Crypto Analyst
#GOLD Update: #GOLD gave a good retracement before moving strongly upward delivering an impressive 7.21% in profits ππ’πͺ. Setup playing out beautifully with bullish momentum remaining firmly intact and price showing clear upside intention π΄. Next #Resistanceβ¦
#GOLD Update:
#GOLD dropped all the way down and might continue printing a new #LowerLow, tapping into the drawn #Support area at $4,380 ππ΄. Structure turning bearish with sellers maintaining firm control throughout the move πͺ.
Buys can start from the $4,380 zone after confirmation β attempt longs after a clear rejection signal appears. #Shorts only viable after a healthy close below the support level, manage risk carefully and wait for the market to confirm direction before committing β‘οΈπ―π
#GOLD dropped all the way down and might continue printing a new #LowerLow, tapping into the drawn #Support area at $4,380 ππ΄. Structure turning bearish with sellers maintaining firm control throughout the move πͺ.
Buys can start from the $4,380 zone after confirmation β attempt longs after a clear rejection signal appears. #Shorts only viable after a healthy close below the support level, manage risk carefully and wait for the market to confirm direction before committing β‘οΈπ―π
Glassnode's Bitcoin Vector reading Risk Off β mild rather than extreme, sitting one band above capitulation in what the model calls a tactical pause ππ΄. Signal defensive rather than capitulating β a practical confirmation of current market conditions πͺ.
Macro regime paying capital to wait while on-chain and off-chain surfaces gone quiet. Model not asking anyone to step in front of it β a bounce is unlikely to change this reading, only a genuine regime change would β‘οΈπ―π
Macro regime paying capital to wait while on-chain and off-chain surfaces gone quiet. Model not asking anyone to step in front of it β a bounce is unlikely to change this reading, only a genuine regime change would β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC still moving sideways with very little activity as price continues building the right shoulder of the #HeadAndShoulders pattern ππ΄. Structure quietly taking shape beneath the surface with neither bulls nor bears making any decisive movesβ¦
#BTC Update:
#BTC building a #FallingWedge pattern while still trading inside the interval with mixed market sentiment ππ΄. Structure remains unclear with neither bulls nor bears showing any real commitment to a directional move at this stage πͺ.
Waiting patiently for price to break the highs or lows, or for a confirmed #PatternBreak before taking any position β forcing trades in this mixed sentiment environment carries unnecessary risk and patience remains the only sensible approach β‘οΈπ―π
#BTC building a #FallingWedge pattern while still trading inside the interval with mixed market sentiment ππ΄. Structure remains unclear with neither bulls nor bears showing any real commitment to a directional move at this stage πͺ.
Waiting patiently for price to break the highs or lows, or for a confirmed #PatternBreak before taking any position β forcing trades in this mixed sentiment environment carries unnecessary risk and patience remains the only sensible approach β‘οΈπ―π