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ByzGeneral
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The $
SPX
dumping into the close yesterday and futures opening
red
today probably isn't great for crypto.
$
BTC
already looked like it wants to grab some downside liquidity.
#BTC
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BTC
97,747.99
+0.34%
SPXUSDT
Perp
0.5146
-0.54%
0
0
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$BTC looks kinda weird right now, but that's mostly because of the low volume weekend PA. It seems like we're establishing a range here though. My guess for the next couple days is something like this:
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I'm not a fan of how this looks. Kinda looks like the $DXY is gonna move higher again.
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$fartcoin showing some signs of exhaustion IMO. Whatever happens next I'm fully out. It had a fantastic run, but when you're up a lot, the longer you hold the worse the R/R becomes.
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$DOLO, looks like a decent new DeFi project. Chart looks solid for a new coin. If that diagonal breaks on the daily I could see it rallying.
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$PENGU looks almost ready for its next move up and the first level of resistance is a 100% higher. Looks incredible tbh.
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