SOL update

After forming a local bottom at htf support, it bounced and broke a resistance level which is being tested now.

Still holding the long from $133s.

#DYDX, #1INCH, #PORTAL, #AXL, #BICO, #ORBR, and #SKL will have Token Unlocks in the coming week.

This event can affect their price.

The demand is very strong and a bounce is expected sooner or later.

Same positioning, same plan.

BTC - Clean view

BTC - Zoomed in

Range formed between 67k-69k.

So far, the range low has been holding well. We just saw a deviation below it. As long as it stays above this level, it should go higher. Clean break above the range high = 74k-76k (main scenario)

Clean break below (no deviations) and the next support would be 65k.

I wish you all a nice weekend!

Found Bullish pennant on BTC Daily chart ⚠️ Sent it 🚀 this continuation patterns 🚀

#Bitcoin    is just getting started...

NEW: 🇺🇸 Spot #Bitcoin    ETFs bought 25,700 #BTC    this week, while miners only produced 2,250 BTC.

BTC update

67k has been broken. However, the demand remains strong.

Basically:

-Reclaim of 67k = bullish
-Acceptance below 67k = 65k, which is another strong support

Based on indicators, I think the reclaim of 67k is a likely scenario, and this PA would be a deviation.

Just wait and see.BTC update

67k has been broken. However, the demand remains strong.

Spot #Ethereum ETF is expected to start trading on 2 July🔥

The decline in Bitcoin address activity seems to be primarily caused by a reduction in the usage of Inscriptions and Ordinals. It's worth noting that many wallets and protocols in this sector reuse addresses, which are not counted multiple times if an address is active more than once in a day. So, if a single address generates ten transactions in a day, it would be counted as one active address, but with ten transactions.

SOL/BTC

It keeps looking very good.

#Bitcoin    CME Gap $56,623

Examining the Short-Term Holder (STH) cohort's cost basis and the levels ±1 standard deviation from it. This shows where these price-sensitive holders might react:

- 🔴 Significant unrealized profit indicates an overheated market at $92k.
- 🟠 The break-even level is $64k, with the spot price currently below but trying to reclaim it.
- 🔵 Significant unrealized loss indicates an oversold market at $50k, aligning with the True Market Mean as a bull market break-point.

Only 7% of trading days have recorded prices below the -1SD band, making it relatively rare.

Here's the Analysis of #MATIC :

#MATIC is strongly bounced from the major support zone of $0.41 - $0.44 and entered into the resistance area of $0.52 - $0.53. Now, it a crucial area and it can be rejected from here or a break and close above the zone. Take the setup only after the HTF candle closing.

#Ethereum has broken the downtrend.

Now we go higher.

This is the most important support for #Bitcoin