BTC dominance still posses danger of reversing from downtrend. Bull market percentage chart dropped down to 21% which was target zone indicated yesterday for bullish bounce. If drop below alts will stay bearish longer. Seems that none really know if BTC will drop lower to 40-45k or bounce here. And so everything is on pause. Either now is the tastiest bottom, or it is the top of a huge iceberg.

@WiseAnalyze #Dominance #BTC

Bybit Funding update

⚪️BTCUSD: 0.0100% to 0.0100% (0.0000)
⚪️ETHUSD: 0.0100% to 0.0100% (0.0000)
⚪️EOSUSD: 0.0100% to 0.0100% (0.0000)
⚪️XRPUSD: 0.0100% to 0.0100% (0.0000)

⚪️BTCUSDT: 0.0100% to 0.0100% (0.0000)
🔽BCHUSDT: 0.0126% to 0.0121% (-0.0005)
🔽ETHUSDT: 0.0151% to 0.0100% (-0.0051)
⚪️LTCUSDT: 0.0100% to 0.0100% (0.0000)
⚪️LINKUSDT: 0.0100% to 0.0100% (0.0000)
⚪️XTZUSDT: 0.0100% to 0.0100% (0.0000)
🔼ADAUSDT: -0.0045% to 0.0100% (+0.0145)
⚪️DOTUSDT: 0.0100% to 0.0100% (0.0000)
⚪️UNIUSDT: 0.0100% to 0.0100% (0.0000)

💡Funding rate reset at 0 / 8 / 16 UTC. The higher it grows the more chances for pullback to reset the rates. Decrease in rates gives air to grow more.

@WiseAnalyze #Funding

Don't trade crypto at 5 seconds timeframe 🤣

Wrote about LUNA yesterday. Since then decided to grow without expected pullback. Look promising. Pullback entry moves up to ~27100.

@WiseAnalyze #LUNA

SOL doing it again 😱 Too high to recommend for long, but its parabolic, so nobody knows for sure.

@WiseAnalyze #SOL

1H BTC timeframe look promising

@WiseAnalyze #BTC

📉 Daily Bitcoin chart review 📈

No new TA for BTC since nothing is changing. Everything said here & here.

Its very annoying when something goes on for many days in a row and you wait for the opposite move to start but it doesn't. Growing/falling... doesn't matter. Too long sequence of the same price action make me uncomfortable. That is Bitcoin now. Go dump yourself to 45-40k at last or do the bounce. Enough of this brain fuckery.

P.S. I have long orders waiting at 35k and 40k (Futures) and sell order at 60-62k range. Whatever happens first. If dump I will cancel my sell orders as in this case BTC will go for new ATH. If first pump everything stay untouched.

🟥 53600 - 55555 - 58800
🟩 49300 - 47500 - 45000

Momentum at daily:
23-25: AO 🔻🔻 AC 🔻⬆️
20-22: AO 🔻🔻 AC 🔻🔻
18-19: AO ⬆️🔻 AC 🔻🔻
15-17: AO ⬆️⬆️ AC ⬆️🔻

😱 Fear & Greed index: 31 (<= 37 <= 55 <= 65)

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | OKEX

@WiseAnalyze #BTC #Bitcoin (TradingView)

People Chose Bitcoin Because of Inflation, Taxes Don’t Matter – Jimmy Song

Popular Bitcoin developer Jimmy Song shared that people are more interested in bitcoin because of Government-induced inflation, therefore taxes don’t matter.

Song said this in response to the recent news of a proposed tax increase by the Biden administration. Many investors chose Bitcoin as a protection against inflation and the news lit the interests of many within the Crypto space.

The value of the digital asset had increased massively.

@WiseAnalyze #dailynews

📉 Daily Ethereum chart review 📈

Yesterday Ethereum closed above 44000 and it saved the whole market. Today pumped and the market follows. Kind of still feel suspicious about everything. But if next pullback bounce from 45000 or above it will be a good sign. Same value good for buys.

🔥 Trade with maximum discount on fees: Binance -20% | KuCoin -10% | FTX -5% | ByBit | OKEX

@WiseAnalyze #ETH

Remember I wrote about Chiliz football shitcoins that should grow just because they have to chase CHZ. Well. They all did pumped multiple times since then and PSG is one of those that been growing stable. Already +143% from that post.

@WiseAnalyze #PSG

Possible reversal here. Buying pullback to ~650 (tiny entry at 730 maybe)

@WiseAnalyze #TVK

LUNA just keep on pumping

@WiseAnalyze #LUNA

SRM breaking out the triangle 🚀 Targets stay valid.

New pullback entries at 12000-13000.

@WiseAnalyze #SRM

BTC dominance made an up move yesterday and today pulling back again - all that within same range 50.8-52.2

Bull market percentage dropped down to 17% - there is another historical "support" at 16% and today alts suddenly started pumping, so hopefully the bottom is here 🙏

@WiseAnalyze #Dominance #BTC

Everything is bouncing and pumping. Have fun, take profits from bags you accumulated on the dips. But lets try not to get overexcited.

1) Today is Sunday and week close - BTC week candle so far look as may expect next candle to follow in same direction. Even if in a form of long lower wick (bullish).
2) Monday-Tuesday are dump days for stocks. If you open S&P500 day chart and look through past weeks you will see that this tradition is followed almost every week. Crypto often correlate with stocks.

Only the next week candle will show if BTC is ready to go sideway and up or retrace to ~35-38k. This may be August-September scenario or March and July. Don't worry though. Long term we target 100-300k in any case 😉

@WiseAnalyze #BTC

XRP attempting to flip the trendline.

@WiseAnalyze #XRP

That doesn't look like capitulation.

@WiseAnalyze #ETH