#ETH UPDATE :

#ETH made a drop lower again and reached the support zone nearby $3600. We can see price kinda rejecting the zone and expected to reach out the other end of the zone around $3950. You can have the short trade with in this.

#BITCOIN DAILY TF UPDATE :

#BITCOIN on Daily TF, still on a consolidation but instead kept on hodling the supporting up trendline. Price nearly at the resistance area which also getting rejections. Not expecting much from here, only a breakout can lead some strong moves, we gonna see some the consolidation continues.

#ALICE dropped hard with the market and reached the flip level around $1.64 and kinda rejecting the support area. An another retest can be done here towards the 50% of the wick, that's a risk move take it accordingly.

The chart assesses market volatility by measuring the percentage range between the highest and lowest price points over the last 60 days. Currently, volatility is compressing to levels typically seen after prolonged periods of consolidation. Historically, such low volatility levels often precede significant market moves, indicating that a large price movement may be imminent.

#ADA ANALYSIS :

#ADA kept on hodling the Major Support Zone of $0.41 - $0.42, and we can see price is just consolidating in range itself. We can again anticipate the rejection from the support which could be a potential buys opportunity of us.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, didn't gave a retest but moved straight upwards towards the Resistance drawn and rejected too. Price clearly don't aggressive moving now. Now, a potential retest at $66,000 will be the High Probable.

#DXY UPDATE :

#DXY did gave break of the market structure and now make a deeper pullback. Price again taking a deeper retest back inside the resistance area, and with the Monday Market Open, we can see some strong moves with the market.

What is URPD (UTXO Realized Price Distribution) ?

#URPD stands for UTXO Realized Price Distribution, to analyze the distribution of Bitcoin's realized prices based on the age of the UTXOs (Unspent Transaction Outputs) or in other words #UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created (i.e. each bar shows the amount of existing bitcoins that last moved within that specified price bucket). The price specified on the x-axis refers to the lower bound of that bucket.

The UTXO Realized Price Distribution helps to understand the average cost basis of Bitcoin holders based on when they acquired their coins. It divides the UTXOs into different age groups, such as those acquired within the last 30 days, 90 days, 180 days, and so on, and calculates the average price at which those coins were last moved.

This metric provides insights into the behavior of long-term holders (HODLers) and short-term traders. It allows analysts to determine the levels at which different cohorts of Bitcoin holders may be willing to sell their coins, as well as the potential price levels at which they acquired their holdings.

By analyzing the URPD, one can gain a deeper understanding of the distribution of Bitcoin's realized prices across various time frames and identify potential price points where significant buying or selling pressure may emerge.

Using the URPD metric, we can gauge the density of coins around the current spot price to identify market sensitivity points. Notably, about 15.9% of the coin supply is just below the current price, indicating strong support. Conversely, only 1.1% of the supply is above the current price, suggesting that sustained demand could trigger significant price increases.

Here's the Analysis of #EDU :

#EDU swinging lower after breaking the support and a consolidation range. Well, price moving lower and might reach out the support area of $0.64 - $0.65. Buys gonna be risky and wait for the market strcutural shifting before entering.

#BTC Weekly candle closed somewhere in between and of the medium bullish one and a rejection too. #Bitcoin on hourly TF, looks like holding the support/flip area over the zone and move correctively. We can experience a dip again due to this nature.

#US30 UPDATE :

#US30 moved perfectly with the drawn up chart and getting rejected too. Now, index reached a market structure point within the internal structure, so expected a continuation in drop here, by which support will be broken.

If we examine the rolling performance of the Bitcoin market across weekly 🟥, monthly 🟦 and quarterly 🟧 timeframes, we can see generally strong performance, recording values of +3.3%, +7.4%, and +25.6%, respectively.

To highlight periods of particularly strong price performance, we can count the number of trading days within a 90d window where performance across all three timeframes exceeds +20%. Only 5 days through the last quarter have reached this threshold so far.

In prior cycles, this count reached between 18 and 26-days, which suggests the current market may be somewhat more measured relative to historical bull markets.

Here's the Analysis of #FIL :

#FIL is been going around a build up support area and formed a symmetrical triangle pattern over it. Ton of rejections going on and have to look after a break as price will drive though it only, so eyes on it.

#BTC perfectly dip down as per prediction due to its corrective nature and now expected a retest of the flip level/ support nearby $67,500. Eye on the area, nothing to do in between.

#GOLD UPDATE :

#GOLD moved back and forth with a dump now. Price is kinda retracing now and a new Lower low is expected. The next key area is around $2278 - $2284. Expecting a reaction from here but not hodling it.

Ethereum under a similar framework and can see the dramatic impact of the ETF approvals. The news motivated almost instantaneous buy-side pressure, with all three timeframes printing their first >20% price movement since late 2021.

If we consider the sizeable impact and influence that spot ETFs have had on Bitcoin since the turn of the year, the ETH/BTC trading pair may be exhibiting early signs of a more promising road ahead.