BTC: Retail Activity Through Trading Frequency Surge (Spot & Futures)
This suggest that retail involvement has not actively contributed to the current price rally.
#LOKA/USDT analysis :
#LOKA is in an uptrend, forming higher highs (HHs) and higher lows (HLs) above the 200 EMA. The price is currently consolidating over the support zone, and it is expected to bounce back from this level, continuing its bullish momentum towards testing previous highs.
TF : 2H
Entry : $0.2200
Target : $0.2555
SL : $0.2010
#ACH/USDT analysis :
#ACH is currently in an uptrend, consistently making new highs and trading above the 200 EMA. The price is in a corrective phase and is expected to test the support zone.
A bounce from this level is anticipated, allowing the price to continue its bullish momentum. It is recommended to wait for the price to test the zone before considering a long entry.
TF : 2H
Entry : $0.02460
Target : $0.02950
SL : $0.02195
Bitcoin Demand Remains Positive!
As Bitcoin approaches the significant $100K milestone, it's crucial to monitor demand to assess the strength of the bullish trend:
▪️$100K Psychological Barrier: This level represents a major psychological target for investors, requiring sustained demand to break through and hold.
▪️Current Demand: Demand shows no signs of weakness and continues to grow steadily, indicating strong market momentum.
▪️Future Outlook: It's essential to monitor whether demand remains stable or continues to grow. A sharp decline could signal a potential trend reversal and a shift in investor sentiment.
According to DefiLlama, Binance
saw an inflow of $8.73B over the past month, bringing its total assets to $154.9B!
As the New York session opens, the BTC long/short ratio stands at 0.9573, indicating a slightly higher dominance of short positions over long positions in the market.
Читать полностью…Stablecoins are steadily flowing into exchanges
Over the past week, we've had a crisis of net outflows in the middle. But then again, we've had a steady net inflow as dollars have come into the crypto market in the end.
This has allowed the price to continue to make higher lows. Its price will break the $100,000 mark at any moment without a significant correction based on the net inflows trend.
The view on the trend of stablecoin's netflow from exchanges is that as long as the trend of net inflows continues, there will be no meaningful correction in price. And we will have to buy the dip even if the price corrects.
#AMP/USDT analysis :
#AMP has broken above a previously tested resistance level and has bounced back after a retest. This suggests a continuation of its bullish momentum, with the price likely to test previous highs from the current level.
TF : 1D
Entry : $0.005420
Target : $0.013400
SL : $0.004180
#BNX/USDT analysis :
#BNX has experienced a significant drop of approximately 74% from its peak and has found support at a previously respected support zone. The price is currently forming a double bottom reversal pattern at this critical level. It is expected that the price will bounce back from this zone and continue to rise, targeting previous highs.
TF : 1D
Entry : $0.5600
Target : $1.6045
SL : $0.4026
#BETA/USDT analysis :
#BETA is currently consolidating sideways above the support zone. The price is expected to bounce back from this zone and test the swing high level, where rejections have been observed multiple times.
TF : 1D
Entry : $0.04732
Target : $0.05804
SL : $0.04012
Crypto Fear & Greed Index: 93 (extreme GREED).
Be cautious about your positions
Yesterday, the index was 94.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#FIDA/USDT analysis :
#FIDA has rebound from the support zone after multiple tests. The price is anticipated to continue rising and challenge previous highs.
TF : 1D
Entry : $0.2267
Target : $0.2900
SL : $0.1840
BTC LONG-TERM HOLDER VS US SPOT ETF analysis:
ETF inflows are increasing, while long-term holder (LTH) sell-side activity is also on the rise.
ETF inflows must remain strong; otherwise, selling pressure from long-term holders may catch up with the market.
#WIF/USDT Analysis-
After breaking out, the price retested the breakout level and is now taking support around it. It has the potential to reach a new all-time high.
T.F.- 1-D
ENTRY- at CMP
SL- 2.89
TARGET- 4.82
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#FET/USDT Analysis-
The price has formed a symmetrical triangle pattern. Given the current bullish market scenario, there is a high probability of an upward breakout.
If the breakout occurs, the price is likely to rally toward the target zone from the breakout point.
T.F.- 1-D
ENTRY- as soon as it gives breakout
SL- 1.2
TARGET- 2.04
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
Bitcoin - FOMO-Driven Rallies and the Looming Risk of Profit-Taking Pressure
▪️STH Selling at Profit Still Building: The green bars showing STH selling in profit have yet to reach levels seen during the previous $72.4k peak. This suggests that profit-taking pressure hasn’t peaked, leaving room for further upward movement in price.
▪️BTC Price Momentum: The strong upward trajectory, highlighted by the yellow trendline, is supported by rising STH supply. If this momentum holds, BTC could rally toward the highly anticipated $100k milestone.
▪️Speculative Demand (FOMO): The increase in STH supply signals growing speculative interest as market participants anticipate a breakout above the psychological resistance at $100k. This FOMO-fueled demand may act as a short-term catalyst for price growth.
▪️Secure Your Profits: Always remember to realize profits partially—no one can perfectly predict the peaks or lows. For me, the best strategy is to lock in gains along the way. Stay safe and trade smart!
#SPELL/USDT analysis :
#SPELL is currently in an uptrend, trading above the 200 EMA. The price is undergoing a corrective phase and is expected to test the support zone. A bounce from this level is anticipated, which would allow the price to continue its bullish momentum. It is advisable to wait for the price to retest and show signs of a bounce from the support zone before considering a long entry.
TF : 4H
Entry : $0.0007415
Target : $0.0009850
SL : $0.0006443
Crypto Fear & Greed Index: 79
Yesterday, the index was 82.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
#BTC/USDT.P Analysis:
The price has rebounded sharply after testing a major support zone, highlighting the characteristic of bull market corrections is that they are fast and furious.
This strong recovery suggests that the price is likely to rise further and potentially reach new highs.
BTC $100000 SOON 🚀
#HIGH/USDT analysis :
#HIGH is currently trading above the support zone on the higher time frame. The price is demonstrating a bullish bounce from this area, indicating a strong potential for continued upward momentum and a test of higher levels ahead.
TF : 1W
Entry : $1.744
Target : $4.440
SL : $1.250
#SANTOS/USDT analysis :
#SANTOS has broken out and retested the previous swing high resistance and shown a bullish bounce from this level, indicating a strong continuation of momentum. It is anticipated that it will continue to rise and test higher price levels.
TF : 1D
Entry : $4.358
Target : $7.060
SL : $3.556
#QI/USDT analysis :
#QI has broken out and successfully retested the previous swing high resistance. The price is currently finding support at this zone. It is anticipated that the price will bounce back from here and test previous highs.
TF : 1W
Entry : $0.01650
Target : $0.03380
SL : $0.01080
#RARE/USDT analysis :
#RARE has broken above the trendline after consolidating in a support zone, indicating a bullish shift. The price is expected to bounce off this zone and rise, testing previous swing highs.
TF : 1D
Entry : $0.1330
Target : $0.2960
SL : $0.0923
Bitcoin Hashrate Hits All-Time High!
Currently, miners are operating their mining rigs more actively than ever before.
#ELF/USDT analysis :
#ELF is currently consolidating above the previously respected support zone. The price is expected to bounce back from this level and continue its bullish rally, potentially testing previous highs.
TF : 1W
Entry : $0.4124
Target : $0.7853
SL : $0.3060
Bitcoin ETFs are catching up to gold ETFs in terms of total assets under management.
Читать полностью…#ALPACA/USDT analysis :
#ALPACA is currently in an uptrend, demonstrating a series of higher highs (HHs) and higher lows (HLs). The price is currently consolidating above the 200-period exponential moving average (EMA), and a bounce is expected, which would reinforce its bullish momentum. For a long entry, it is recommended to wait for a breakout above the $0.1780 level to confirm the upward movement.
TF : 4h
Entry : $0.1780
Target : $0.2300
SL : $0.1520