#BTC closed below the support zone for the week, so the chances of a price reversal are now very low. The only possibility is that prices may hunt liquidity at the lows. It is better to hold short positions and let long positions go.

#US30 UPDATE:

#US30 is printing a new all-time high each week. Every week, there is a sideways market followed by an upward move. Take longs and use trailing stops only in US indexes.

Large concentration of leveraged #Longs between $64K–$70K aggressively cleared as #BTC broke lower 📉🔴. Cascade of liquidations drove price briefly below $60K before finding support — significant #Deleveraging event complete 💪.

Liquidation profile notably cleaner than a week ago — excess leverage from the recent range largely flushed from the system, creating a healthier positioning backdrop for any potential recovery attempt ahead ⚡️🎯👀

#BTC is still moving sideways and remains in the major support area. Nothing much has changed; we need to wait for something to happen.

#STH MVRV recovered from 0.83 last week to 0.90 currently — still below the critical 1.0 breakeven threshold for recent buyers 📉🔴. Implied cohort cost basis sits near $72.6K, leaving recent buyers roughly 10% underwater on average 💪.

Recent rally offering some relief but not enough to bring cohort back into net profit — a key precondition for any sustainable bear market exit. Until #STHMVRV reclaims 1.0, this cohort remains a standing source of overhead supply on any recovery attempt ⚡️🎯👀

#GOLD continued moving down, attempting a shallow break of the resistance line. Given the bearishness of the price, we could see a break of the key support area.

#BTC broke below the small sideways market, tapped inside the major support zone, and executed a liquidity sweep below the old support and previous low. Right now, a small structural change has occurred, breaking the range high.

#BTC.D UPDATE:

#BTC.D had a break below the support and is now flipping over. However, the index looks bearish, and altcoins can still be moving sideways only.

Late May saw #OpenInterest near upper range financing the push to local highs 📉🔴. Early June break saw both #SpotCVD and #FuturesCVD turn down together — real-money and leveraged participants selling simultaneously rather than one-sided liquidation 💪.

Sharp OI compression confirmed genuine #Deleveraging. Funding oscillating near zero — no crowded long premium or aggressive short bias. Post-flush accumulation remains quiet and passive — sustained turn higher in Spot CVD alongside muted futures signatures turning up would mark a constructive setup with both flow regimes aligned to the upside ⚡️🎯👀

Here's the analysis of #BCH:

#BCH is strongly rejecting the key support area around $180 - $184. Following a parabolic move, it could move up to a resistance area around $230 - $232.

#BTC is gradually moving slowly and steadily toward the minor resistance mark. Nothing much is happening or worth observing here; we need to wait longer. For now, it is just an open room up to $64,800.

#EDEN is slowly forming a small wedge pattern, attempting to break the small flag pattern. In the Higher Timeframe, it looks more like a consolidation now. A good setup will come after a strong and clean break for longs or shorts, so look out for it.

BTC at $62.3K sits 19% below #TrueMarketMean at $77K — firmly in structural bear territory 📉🔴. #STH cost basis declined to $71.4K, reflecting new buyers accumulating well below the True Market Mean — a constructive cyclical development 💪.

Incoming capital being deployed at increasingly disconnected levels from cycle highs signals early bottom formation progress. Any macro-driven leg lower would see #RealizedPrice at $53.4K as the most probable bear market lower bound ⚡️🎯👀

#BITCOIN DAILY TF UPDATE:

#BITCOIN had a strong reaction from the major support area and showed a shift in market structure. However, this does not necessarily mean the market is bullish; further confirmation is required.

#TOTAL UPDATE:

#TOTAL flipped the area and gave a breakout of the small flag pattern. The index also flipped, with #BTC showing signs of bullishness, though more confluence is needed.