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ETH update: As I was expecting ETH to move down, it did the exact opposite.
Looking at the current chart, there is a strong resistance that has been tested multiple times but has failed to break. This is another attempt, and I think it could be stronger this time, as repeated attempts can weaken the resistance.
On the bullish side, I would now expect a good bounce and a breakout from this resistance. You can wait for an entry in Ethereum, with a good entry potentially around $2,500.
Looking at the current chart, there is a strong resistance that has been tested multiple times but has failed to break. This is another attempt, and I think it could be stronger this time, as repeated attempts can weaken the resistance.
On the bullish side, I would now expect a good bounce and a breakout from this resistance. You can wait for an entry in Ethereum, with a good entry potentially around $2,500.
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π USDT DOM UPDATE
USDT Dominance remains strongly bearish after losing the 7.0% area.
β’ Current: 6.84%
β’ Resistance: 6.92β7.04%
β’ Next support: 6.40β6.45%
β’ Structure: Bearish
β’ Momentum: Weak
If USDT.D continues lower toward 6.4% support, it would generally favor capital rotation into BTC and altcoins.
A reclaim above 7.04% would weaken this setup.
USDT Dominance remains strongly bearish after losing the 7.0% area.
β’ Current: 6.84%
β’ Resistance: 6.92β7.04%
β’ Next support: 6.40β6.45%
β’ Structure: Bearish
β’ Momentum: Weak
If USDT.D continues lower toward 6.4% support, it would generally favor capital rotation into BTC and altcoins.
A reclaim above 7.04% would weaken this setup.
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Bitcoin Next Move? π¨ Altcoins Ready to Explode? | Crypto Market Update https://youtu.be/X2Vuv6H-qto
I hope you have watched yesterday bitcoin analysis.
Btc already hit below $79k. Waiting one more small correction so that we can more safe entry under $79k
Btc already hit below $79k. Waiting one more small correction so that we can more safe entry under $79k
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