#BTC jumped again during the NYSE open, and we can see clean liquidity building just below the major resistance area. A tap in will surely give a good reaction. Take short-term, low-leverage trades and let's see where the market goes.

The liquidity backdrop is split. US M2 has pushed to a record $22.8 trillion, the slow tide that has historically led risk appetite, yet the Federal Reserve's balance sheet keeps draining, now $2.0 trillion below its 2023 peak. The tension is a rising broad-money base set against an ongoing quantitative drain, with real yields still near 1% keeping the cost of holding a non-yielding asset high. The macro door is not shut, but it is not yet firmly open.

#SKL failed to break the low of the range, reached there, and strongly moved up towards the major resistance area of $0.0054 - $0.0056. The move looks unusual, so the price can move low again; shorts can be taken on LTF confirmation.

#BITCOIN DAILY TF UPDATE:

#BITCOIN on the daily TF is still in a range and attempting to turn bullish. Again, no clear stand, but let's wait further to see if this range breaks.

#TOTAL UPDATE:

#TOTAL made a clean flip and retested the zone, and might now produce a short-term upward move. Following the uptrend channel pattern, it may continue to do so.

#BTC WEEKLY TF UPDATE:

#BTC flipped above, and this week we are close to forming a pin bar candlestick. We are still stuck within the range, and we can expect the ride to $65,500 - $66,300. Overall, nothing can be determined; let the market make the direction very clear.

#DXY faced a strong rejection from resistance. A long uptrend channel pattern is visible if followed by the index, within which a small flag is forming. The index appears strongly bullish, so we can expect a bullish continuation next week.

#BTC LTH Realized Loss Update:

Entity-Adjusted #LTH Realized Loss 30D SMA peaked at ~$280M per day — highest reading since December 2022, marking the second major capitulation spike this bear cycle 📉🔴. Unlike the first spike which saw a partial cooldown, current wave has not yet contracted to lower levels 💪.

Until this metric compresses meaningfully, path toward bull market transition remains obstructed — trajectory of this indicator will be among the most critical signals for determining whether genuine sell-side exhaustion is approaching in coming weeks ⚡️🎯👀

Here's the Analysis of #SNX :

#SNX kept on making new lower low, after break of the support formation. Also, price going into small consolidation after the break, and selling looking bearish, so short-selling would be great opportunity for it once setup is formed in retracement.

INSIGHT: Bitcoin’s bottoming process is progressing, but downside risk still remains, according to Glassnode.

Despite signs of peak long-term holder capitulation, the market has not yet fully confirmed a bottom.

Bitcoin is experiencing upward movement while facing some resistance. A break and close above these resistance lines will likely lead to further gains.

The Deribit GEX Heatmap shows strong positive gamma positioning around the low-$60K area.

This means dealer hedging is helping to stabilize price and reduce volatility. The options market is no longer positioned for an aggressive downside move.

While it doesn't guarantee a reversal, it suggests consolidation and calmer price action are more likely than another wave of panic selling.

SKL moved as anticipated, and the short positions have yielded over 27% profit since entry. The price is again approaching the resistance area, so let's observe the price action there.

#BTC has reached the resistance area, but the price was rejected on the first attempt. There is still positivity in the market, and we expect another test of this zone.

Bitcoin's weakness is being driven by higher real interest rates, not broader market fear.

U.S. 10-year real yields have risen to around 2.4%.

The U.S. dollar remains strong.

Meanwhile, stocks are near highs, credit markets are stable, and volatility remains low.

The pressure on BTC is currently a macro and liquidity issue, rather than a traditional risk-off environment.

#BTC.D broke the triangle pattern upwards, which is bad for altcoins. We may see some bleeding in altcoins, so let's observe their movement.

#BTC finally tapped into the resistance area and saw a strong rejection. The price has once again moved into the middle of the large range; a bearish bias can continue, with a drop likely to persist until the support area around $58,200 - $59,550.

US spot ETF trading volume also remains subdued. The 30-day SMA is holding between $650M and $950M per day, roughly 80% below the $4.4B peak in October 2025.

Combined with ongoing ETF outflows, this suggests institutional demand remains weak and has yet to recover.

#BITCOIN DAILY TF UPDATE:

#BITCOIN on the daily time frame, following a small channel pattern, has moved near the highs. The price is still consolidating near this level and could move lower again to the support area.

Bitcoin's pressure this quarter has been a real-rate story, not a risk-off one. Ten-year real yields have climbed to a 2026 high near 2.4%, and the dollar has held above its 200-day average since May. Yet nothing in the broader risk complex is flashing stress: equities sit close to their highs, credit spreads are near their tights, and volatility is subdued.