#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, made a good and healthy closing above the support with closing near the 50% of the candle. Weekly candle hodling good sign of this but this week candle closing bearish as the form of retracement. A Possible retest can be happen back to $66,000 before moving up. Plan the trades accordingly with mentioned level.

#DXY UPDATE :

#DXY haven't move any this week as we can see the impact overall market was ranging too. Index made a double & deeper retest back in zone. Still, holding the trendline shows it might push up, but also the market structure is bearish, so its a indecision here. Have to look for a break with the Monday Market Open.

The 1d-1m MVRV Z-Scores, we can see that this variant is less responsive to price action compared to the 24hr variant. As a result, this MVRV variant is slower to move, generates fewer signals overall, but also has less noise overall.

The chart below highlights when the MVRV Z-Score trades below the mean (negative Z-Score values), as an indicator that significant unrealized losses have transferred up to the larger 1d-1m age band.

#ETH UPDATE :

#ETH made a successful break there after and but volume and market conditions are not favorable to altcoins. Price still consolidated in range, and looks like a retest is predicted bottom of the range around $3613.

#YOLO/USDT Mega Signal Recap! 🚀

With around 300k USDT in volume and a peak of 3200% (32X), we ensured a fair and safe pump for our community—0% prepump and zero prebuy.

Although the peak didn't last as long as we intended it to, our coin sat as the #1 gainer on MEXC and our whales bought after our members and made 2nd min candle higher than 1st min and peak in 3rd min candle giving opportunity to all our members who bought in 1st and 2nd min candles to take massive profits.

Big names are hyping #YOLO globally, and our whales are gearing up for another pump for #YOLO in the coming weeks. Overall, we can safely say that this signal was a huge success and that the upcoming one will be a long lasting pump and our whales will continue buy for hours to make sure we reach again 100X gains on MEXC.

We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal!  Stay tuned for our next signal announcement!

#BTC weekly candle closed bearish and bit indecisive too, showing sells are heavy. Currently, #BTC just moved back and forth within a range and a drop is expected back towards the support. Price nearly, gonna retest the flip level and likely to get a rejection.

#MANTA moving very correctively after the breakout, and now the call nearly at 15% - 16% in profits. Its recommended to close 90% positions as it moving very slowly.

A confluence of the SOPR Ratio Z-Score and MVRV Ratio Z-Score trading below their means, combined with the Realized Loss Z-Score trading +2 standard deviations above the mean, suggests both long-term holders and shorter-term traders are experiencing substantial losses. This increases the likelihood of capitulation selling from multiple investor cohorts, potentially exacerbating downward price pressures in the Bitcoin market.

What is #SOPR ?

The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.

#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).

#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).

#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.

Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.

Here's the Analysis of #XEM :

#XEM made a strong dump of 33% due to #Binance Delisting News and hits the major support zone of $0.023 - $0.024. Also, technical indicating the same, and right now nothing should be done as it would be a risky move. Its a High risk here, so take it accordingly.