🚨 [Market Update] BTC & Altcoins – Short-Term Rebound Signals?
📌 BTC/USDT is showing a solid recovery around 116k after a sharp bounce from the 113k support zone.
👉 Key resistance ahead: 117k–118k
📉 BTCDOM (Bitcoin Dominance) continues to drop ➜ indicating capital is rotating out of BTC into altcoins.
💣 Liquidation Data (Last 24h):
• Total liquidations: $269.6M
• Shorts liquidated: $212.4M (~78%) ➜ bears wiped out
• Largest single liquidation: HTX-ETH at $34.28M
🟢 Bullish signals:
• BTC bouncing while shorts get liquidated ➜ market leaning slightly bullish
• RSI & MACD on many altcoins are flashing early reversal signs
• Mid-cap altcoins starting to show strength
🎯 Suggested Strategy:
• Watch BTC around 117k–118k ➜ If it breaks above, altcoins may enter a strong rally
• Focus on altcoins that have already pumped 20–30%, and are now pulling back 10–15% for a possible wave 2 entry
• Don’t FOMO, wait for clear pullbacks ➜ Opportunities are always there — markets are constantly changing