Fed signals 50 bps additional rate cuts expected this year 📉💰. This dovish stance typically supports risk assets including crypto markets 🚀📈.
Lower rates could fuel continued bullish momentum across assets class ⚡️💪🎯
Lower rates could fuel continued bullish momentum across assets class ⚡️💪🎯
Trading Crypto Compass
#BTC Update: #BTC attempting resistance break with high chances of strong closing ahead of major news event 🚀💪. Just wait and watch developments while tightening stops on running/open trades 📊⚡️. Manage risk carefully with significant news approaching 👀🎯⚠️
Trading Crypto Compass
#OMNI Update: #OMNI broke resistance with strong candle - area now flipped to support 💪📈. Buy positions available near $3.37 - $3.45 zone with upward continuation expected 🚀✅. Strong momentum suggests further bullish movement ahead ⚡🎯👀
Trading Crypto Compass
#BNB ANALYSIS : #BNB gave some new #ATH with the Dominance reduced in the market. The Price took strong support area/ rejection area from the $750 area and might take another move for new All Time High. Check our Old Analysis on #BNB
Trading Crypto Compass
#BTC Update: #BTC broke out on H4 but faced Daily TF resistance rejection 📈📉. Price attempting another break at this level - Daily close above will trigger strong #FOMO buying in market 🚀💪. Watch for decisive Daily candle confirmation ⚡️🎯🔥
Trading Crypto Compass
#OMNI Update: #OMNI delivered solid 12% profit from support zone with strong upward momentum continuing 💰🚀. First targets at old highs around $4.25 - open to trailing positions 📈💪. Strong momentum supporting further upside movement ⚡️🎯👀
Cost Basis Distribution Analysis:
Market enters second week of retracement from $124K ATH with #BTC near $111K, hovering above the "air gap" lower edge 📉📊. Latest pullback enabling supply redistribution at discounted prices, gradually filling the gap 🔄💪.
Thick supply cluster forming between $93K-$110K since December 2024, creating potential floor and explaining resilience above $110K ⚡️🎯. Further correction would require significant sell pressure or extended demand pause to trigger capitulation 👀📈
Market enters second week of retracement from $124K ATH with #BTC near $111K, hovering above the "air gap" lower edge 📉📊. Latest pullback enabling supply redistribution at discounted prices, gradually filling the gap 🔄💪.
Thick supply cluster forming between $93K-$110K since December 2024, creating potential floor and explaining resilience above $110K ⚡️🎯. Further correction would require significant sell pressure or extended demand pause to trigger capitulation 👀📈
Trading Crypto Compass
#BTC Daily TF Update: #BTC gave shallow resistance break on Daily but retracing lower today 📉🔄. Price approaching trendline with overall bullish expectations - bounce anticipated from trendline support soon 💪📈. Watch for trendline reaction for next directional…
Recent Investor Cost Basis Analysis:
#BTC trading below 1-month ($115.6K) and 3-month ($113.6K) cost basis, putting recent investors under stress 📉💪. Relief rallies likely face resistance as short-term holders seek breakeven exits 🔄⚡️.
Critical 6-month cost basis at ~$107K - sustained break below risks triggering fear and accelerating downside toward lower supply cluster edge 🎯👀📊
#BTC trading below 1-month ($115.6K) and 3-month ($113.6K) cost basis, putting recent investors under stress 📉💪. Relief rallies likely face resistance as short-term holders seek breakeven exits 🔄⚡️.
Critical 6-month cost basis at ~$107K - sustained break below risks triggering fear and accelerating downside toward lower supply cluster edge 🎯👀📊
Trading Crypto Compass
#BTC Weekly Update: #BTC delivered strong bullish weekly close with price moving up steadily toward key resistance area 📈💪. Expecting zone break very soon along with corresponding altcoin movement 🚀📊. Momentum building for decisive breakout ahead ⚡️🎯🔥
Downside Risk Analysis:
If #BTC continues below short-term holder cost basis near $108.9K, historical patterns suggest multi-month bearish phases as newer investors capitulate 📉💪. Prior cycles show drawdowns finding lows around one standard deviation below STH cost basis 📊⚡️.
Current cycle lower bound estimated near $95.1K - failure to hold $107K-$108.9K could target $93K-$95K zone, aligning with dense CBD support cluster 🎯👀🔄
If #BTC continues below short-term holder cost basis near $108.9K, historical patterns suggest multi-month bearish phases as newer investors capitulate 📉💪. Prior cycles show drawdowns finding lows around one standard deviation below STH cost basis 📊⚡️.
Current cycle lower bound estimated near $95.1K - failure to hold $107K-$108.9K could target $93K-$95K zone, aligning with dense CBD support cluster 🎯👀🔄
Trading Crypto Compass
#ETH Update: #ETH moving sideways with sharp rejection from top range resistance 📉🔄. Limited activity currently - waiting for breakout but current price action suggests potential bounce from here 💪📊. Watch for clearer directional signals ahead ⚡️👀🎯
Trading Crypto Compass
#BITCOIN Weekly TF Update: #BITCOIN gave strong upside push then faced rejection on Weekly TF 📈📉. This week's price action driven purely by news events 📊💪. Watch weekly candle close - next week might push through resistance ⚡️🎯👀
#BTC Update:
#BTC closed week with indecisive Doji candlestick then dipped strongly on fresh candle open, wiping out high leverage traders 📉💥. Price dropped to support and now showing rejection - hoping for quick recovery with further news developments 🔄💪.
Support holding but watching for news catalysts ⚡️👀📊
#BTC closed week with indecisive Doji candlestick then dipped strongly on fresh candle open, wiping out high leverage traders 📉💥. Price dropped to support and now showing rejection - hoping for quick recovery with further news developments 🔄💪.
Support holding but watching for news catalysts ⚡️👀📊
Trading Crypto Compass
#US30 Update: #US30 delivered excellent buy move capturing 1.48% profit as called 💰✅. Price holding supporting trendline/channel pattern well 📈💪. 45730 area provides clear support for buys/scale-in opportunities - take setup with low risk ⚡️🎯👀
Market Drawdown Comparison:
Current decline to $110.1K represents ~11.4% drawdown from $124K ATH - notably modest compared to historical patterns 📉📊. Prior mid-cycle bears typically exceeded 25% while deep cyclical lows saw 75%+ losses 💪⚡️.
Ongoing correction remains relatively shallow and doesn't resemble stress profiles of historical extremes 🎯👀🔄
Current decline to $110.1K represents ~11.4% drawdown from $124K ATH - notably modest compared to historical patterns 📉📊. Prior mid-cycle bears typically exceeded 25% while deep cyclical lows saw 75%+ losses 💪⚡️.
Ongoing correction remains relatively shallow and doesn't resemble stress profiles of historical extremes 🎯👀🔄