🧠 ONLY THE SHARP WILL CATCH THE FIRST MOVE
⚔️ It's not a dip, it's a signal → are you fast enough?
🧭 Market Pulse → August 1st Edition
💠BTC opens August with stress test of structure… CME gap games in full swing.
✔️ BTC Monthly Open: $115,697
✔️ Current Price: $114,150+ (slightly below the CME gap @ $114,200)
✔️ Low of Month (so far): $113,871
✔️ Day High: $116,000 → rejected
✔️ Bounce Attempt: $115,656 → fading since
✔️ ETH: Still lagging behind, signs of weakness below $3.5k range
⚔️ Key Levels in Play
• CME Gap at $114,200 → Currently hovering just below
• Major Resistance Zone: $116,000–$116,800
• Support Range: $113,600 (holding so far, monthly low)
• Breakdown risk: Below $113,400 opens flush to $112.2k
• Upside ignition? Needs strong reclaim of $116,200
🔭 Market Structure
• BTC dominance slightly rising → risk-off tilt
• Alts mostly red → compression mode, prepping for volatility
• Volumes shrinking on spot, slightly higher on perps → trapped traders?
• CVD: Bid pressure remains weak, sellers still in control
• Funding: Mostly neutral to slight negative → market indecision
🧨 Volatility Watch
• Options expiry hangover + new month flow = chop & trap likely
• No major macro news today, but eyes on Friday’s NFP (Non-Farm Payrolls)
• DXY stable above 99.3 → not helping risk assets
• Gold flat → safe havens not bidding yet
🧠 My Read
Market feels like it's coiling before a decisive move.
✔️ Bears have advantage under $114,200
✔️ Bulls need to reclaim $116k+ quickly to stop the bleed
✔️ CME gap closing battle tells you all → price is magnetized to $114.2k, and reactions here will write the next chapter.
🍸 Final Whisper
“patience will be rewarded → explosion loading soon”
→ The entire market feels like it’s held by a pin at $114.2k → whichever side wins this tug-of-war sets the trend for August.
Stay cold. Act quick. No mercy 🧊🌱
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