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CRYPTO MECHANIC
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What will come first on
$BTC
?
$100k
47%
$88k
53%
1210 votes • Voting closed
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BTC
95,200.92
+1.59%
9.7k
0
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CRYPTO MECHANIC
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Bitcoin is stuck around 95k for a week around last month’s high. It’s not able to break out yet. Just one move up to liquidate bears calling for $70k and now stuck at key supply zone. Something I don’t like to see. If we really are back in bull market. I think the market should keep pushing higher. Many altcoins are also slowing down. They were moving strong a few days ago, but not anymore. I really want to see a dip caused by late long liquidations. That kind of drop can give us a great chance to buy cheaper and catch the bounce. Not going to hold anything for long term. Will just play short term moves that too as long as we are trading above 88k - 90k.
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Man, I kinda miss the days of trading alts against BTC. Back in 2016-2018, it wasn’t about stablecoins it was about stacking sats. Watching BTC pairs moon while BTC itself pumped. Now it’s all USDT charts and dollar values feels like something’s missing. Who else remembers those wild BTC pair runs? Who was around that time?
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These were the top 13 Altcoins (Excluding BTC) back in 2017. you see most of these are not even in top 100 now or doesn’t exist at all except Ethereum , XRP and Litecoin still crawling. This is the perfect example for you that “Chose your Altcoins wisely” None of these are loyal.
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$ENA Nothing much there on the daily chart. No break in structure. If price can break and hold above $0.400 on Daily then we can talk about some upside, Otherwise i don't see anything good init.
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Many people believe that learning technical analysis is all they need to start making money in trading. They think once they can draw support and resistance lines on a chart, they’re ready to succeed. But the truth is drawing lines on a chart is easy. It takes just a couple of minutes. Almost anyone can do it. That’s not the hard part. The real skill comes in how you use those lines. You need to know: When to enter a trade When to exit the trade How to manage your risk Just because you marked a support level doesn’t mean the price will bounce exactly where you expect. And even if it does, do you know the best time to enter? Do you have a clear plan to exit, whether the trade goes your way or not? Risk management is even more important. Without it, even good trades can lead to losses over time. Many traders fail because they focus only on charts and ignore discipline and risk control. So remember: Technical analysis is just one part of trading. To succeed, you need to combine it with smart execution, timing, and solid risk management. That’s what separates the winners from the crowd.
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