Coin - $BTC
Signal : SHORT
Bitcoin has posted an impressive 3.5% surge with strong volume, signaling a potential uptrend as the new weekly candle opens. However, it's important to remain cautious at this stage. BTC is approaching a key resistance zone around 107.8K, and given the technical setup and broader macro uncertainty, a pullback from this level wouldn't be surprising. The 50 EMA near 99.5K stands out as a logical target if rejection occurs. Additionally, global geopolitical tensions—especially rising war fears—are likely to increase market volatility. Historically, institutions tend to accumulate at key bottoms, and with U.S. interest potentially waiting for a better entry point, a retracement may be engineered. Patience and close monitoring of volume and momentum indicators are crucial in this phase.
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USDT Dominance (USDT.D) appears to be breaking down from its rising trend channel, a potential early signal of increased risk appetite in the market. While the breakdown isn’t fully confirmed yet, the current structure suggests a shift in momentum as traders rotate out of stablecoins and back into crypto assets. This aligns with the short-term bullish sentiment we’re seeing across the broader market. However, with Bitcoin approaching key resistance levels, there’s still room for a healthy rejection and retest of the 88K support zone. It’s a critical juncture—if USDT.D continues to decline, it could fuel further upside, but confirmation and volume follow-through are key to validating the move.
Trade setup :
Entry : 107.5k - 108.5k
target : 98k - 102.5k
Leverage : 20x
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