Bitcoin has finally broken above the descending trendline after spending days consolidating near the $80.5K support zone. Buyers are stepping in, and price has reclaimed the short-term moving averages.

The next level I’m watching is around $84K, where BTC could face some resistance. Holding above the broken trendline would be a positive sign, while a move back below it could turn this breakout into a fakeout.

For now, momentum is shifting in favor of buyers. Let’s see if BTC can sustain this move.
DYOR. NFA.

https://x.com/Cryptorphic1/status/2112914709750100301?s=20

🚨 U.S. UNEMPLOYMENT CLAIMS TODAY! 🇺🇸

Forecast: 200K
Previous: 199K

Last week's claims came in at 199K, matching expectations.

Today's data could trigger volatility in the US Dollar and Bitcoin (BTC).
Will the result come in above or below expectations?

Stay alert and trade carefully!

BTC Update

BTC is still stuck in a range, and the latest rejection near $83.5K shows that sellers are defending the upper area. Price has slipped back toward $81K–$80.5K, which is the support zone I’m watching closely.

For now, there’s no clear directional move. A reclaim of $83.5K could open the door for another attempt toward $85K–$87K, while losing the lower range support would put the $80K level at risk.

I’m waiting for BTC to show its next move rather than jumping in while it’s still ranging.
DYOR. NFA.

https://x.com/Cryptorphic1/status/2113536267988472048?s=20

Tether Dominance: Another rejection in play after yesterday's retest of the resistance area.
Keeping an eye on this.

#CryptoNews

https://x.com/Cryptorphic1/status/2113567838405644447?s=20

https://coinmarketcap.com/community/post/380383141

ETH Update

Ethereum is sitting at a critical point after the sharp drop from the $2,700 zone. The $2,370 area has acted as support several times, but buyers have yet to produce a convincing bounce.

Here's what I'm watching:

- $2,370: Immediate support. A clean breakdown below this level could expose the $2,300 zone.
- $2,525–$2,550: Resistance. ETH needs to reclaim this area to show signs of recovery.
- $2,630: A stronger resistance zone to watch if buyers manage to push the price higher.

My view: ETH is still under pressure, and I don't want to assume this support will hold just because price has bounced from it before. A breakdown would be a warning sign, while a reclaim of $2,550 could improve the short-term outlook. Until then, I'm watching how ETH reacts around $2,370.

DYOR. NFA.

Like, comment, and follow for more chart updates.

https://x.com/Cryptorphic1/status/2113653288487080165?s=20

BTC is testing the $80.5K support after another rejection near $84K. Momentum is turning bearish, and a 12H close below $80.5K could open the way toward $79K.

My view: I want to see BTC hold this support. If it breaks down, further downside is likely. Until then, I'm watching for confirmation.
DYOR. NFA.

https://x.com/Cryptorphic1/status/2113926323517423716?s=20

BTC has lost the $80.5K support zone and is now trading below the previous range. The 12H chart looks weak, with price also below the moving averages.

I’m watching $79K next. If selling pressure continues, $75.6K could be the next key support. A quick reclaim of $80.5K would help ease the bearish pressure.

For now, I’m leaning bearish until BTC shows a clear recovery.

https://x.com/Cryptorphic1/status/2114036861438173525?s=20

ETH has dropped below the $2,370 support and is now trading around $2,308. The daily chart shows increasing selling pressure after rejection from the $2,525–$2,547 resistance zone.

Here are the key levels I'm watching:

- $2,310: The 0.382 Fibonacci retracement, which price has now slipped below.
- $2,160–$2,105: Important support zone around the 0.5 Fib level at $2,156. A move toward this area is possible if selling continues.
- $2,020: The 0.618 Fibonacci level, which could become relevant if the 0.5 Fib support fails.
- $2,500–$2,525: The 0.236 Fib level and previous resistance zone. ETH needs to reclaim this area to improve its structure.

My view: ETH is losing momentum after failing to hold the upper part of its trading range. I'm watching the $2,160 area closely, but a breakdown there could open the door toward $2,020. Until buyers reclaim resistance, I'm staying cautious.

DYOR. NFA.

https://x.com/Cryptorphic1/status/2114038945323618703?s=20

We are monitoring the charts and will share new trade setups after the weekly candle closes.

Please pin this channel so you don't miss any updates.
Have a great weekend!

$BTC Weekly Update

#BTC has been rejected from the $86.8K resistance, and the latest weekly candle is back around $80K. The recovery is losing steam, with price now moving closer to the lower boundary of the current structure.

Here’s what matters now:

$86.8K: Bulls need a weekly close above this level to confirm a breakout and put $104.5K back in focus, followed by $123.5K.
$73.8K: The key support to watch if selling pressure continues. Losing it could put the recovery at risk.
$54.9K: The next major support zone if the $73.8K level breaks.

My view: The rejection has weakened the bullish case for now. I’d rather wait for BTC to reclaim $86.8K or see how price reacts around $73.8K before making a stronger directional call.

DYOR. NFA.

https://x.com/Cryptorphic1/status/2114611094832722253?s=20

#ETH is currently below the $2,310 Fibonacci level (0.382 Fib) and is seeing continued selling pressure.
The next major support is around $2,160-$2,105, near the 0.5 Fib level. If this zone breaks, $2,020 (0.618 Fib) comes into play.

For now, the ETH needs to reclaim $2,370 to show recovery. Meanwhile, I’m playing it safe.
DYOR, NFA

https://x.com/Cryptorphic1/status/2114612617562173542?s=20

BTC has now broken below the accumulation zone around $80.8K on the 12H chart, and price is trading near $79.8K.

The next major support is around $75.6K if selling pressure continues.

What do you guys think? Will this breakdown turn into a fakeout, or are we heading toward lower support?
Share your opinion in the comments, and follow for more updates.

DYOR. NFA

#Bitcoin

https://x.com/Cryptorphic1/status/2114971164443570331?s=20

Decisive point for BTC and Altcoins.
https://x.com/Cryptorphic1/status/2115143470042227052?s=20

https://www.tradingview.com/chart/BTCUSDT/KsMwazPi-BTC-URGENT-UPDATE-Decisive-point/

BTC update, please hit the Like button if these ideas help you in any way.

Thank you

FED HOLDS INTEREST RATES UNCHANGED.

Ethereum perfectly retested the previous support zone around $2,370 and is now trading near $2,312.

The next level I’m watching is the 0.5 Fibonacci level around $2,156. If ETH continues to weaken, we could see a move toward this zone.

What’s your opinion on the chart? Do you think ETH will bounce from here or move toward the 0.5 Fib level?

Share your thoughts in the comments.

#Ethereum

https://x.com/Cryptorphic1/status/2115729650513215780?a=jAXM7AdtLgaAkwgdtVA&s=20

BINANCE IN THE SPOTLIGHT: $2.77B IN OUTFLOWS REPORTED ACROSS FIVE BLOCKCHAINS AMID SECURITY CONCERNS.

$BTC Bounce area possibly around $76466 to $78500.
Both the 100 EMA and 200EMA must hold on the daily.
DYOR, NFA

Even this Binance hack story will probably be old news in a few months. Just another wick on the charts.

The good thing? The lower liquidity sweep is done. Weak hands are almost out.

But I genuinely wonder why it’s always @binance at the centre of some of the worst stories in crypto.

I’ve said this before, and I’ll say it again: Binance is one of the worst things to have happened to the crypto industry.

This time, reports suggest that approximately $2.5 billion in assets moved out of Binance hot wallets in a suspicious transaction, including around $1.6 billion in USDT and 167,500 ETH. (Numbers could differ)

And here’s the irony: Binance has billions in customer assets backed by its Proof of Reserves and a separate $1 billion SAFU emergency fund.

So, perhaps the famous “Funds are SAFU” line will hold true once again.

But what about the trust?

After everything the industry has been through, the repeated controversies, questionable practices and the damage suffered by millions of participants, it’s hardly surprising that people are losing faith in crypto.

I miss the good old days.

Even this bull market doesn’t feel like a real bull market anymore.

Anyway, we’ve had the liquidity sweep. Hopefully, we get the bounce soon.

Stay strong.

#Crypto #Binance

https://x.com/cryptorphic1/status/2115927925556171159?a=2gd8F4KWIqETAZG1xWk&s=46