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PEPE/USDT
the second run is still in progress
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MARKET UPDATE: BTC DOMINANCE BTC Dominance has dropped to 60.2%, now testing the lower trendline support in 1W multi-year ascending channel. If this level holds, we can expect toward 62–64% is likely, which could flow liquidity back into the Bitcoin. And a breakdown below 60% could accelerate ALTs performance.
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MARKET UPDATE: $ETH $ETH smashed $4,400, breaking out of its multi-year descending resistance. As long as it stays above the $4,400 breakout zone, we can see the rally again.
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Bitcoin Liquidation Update: 🔹We can clearly see a large amount of liquidity sitting at $121k. 🔹The CPI data is coming around 6:00 PM, which will bring significant volatility. 🔹The expected figure is 2.8%, which is bearish. 🔹However, if retail traders are expecting a dump due to higher inflation, market makers may push the price higher to hunt that liquidity. 🔹A good long from lower levels could be a solid option. 🔹Keep an eye on it.
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MARKET UPDATE: $BTC CME GAP Bitcoin CME Gap has partially filled and entered the CME gap zone between $117,800 – $119,200 after a pullback. This area could act as a potential support zone, but if the price fails to hold here, further downside movement is possible. Watch closely for a bounce or breakdown confirmation.
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BTC Liquidity Update 🔹Bitcoin broke the $121,000 level, hitting the $120,565 liquidity zone. 🔹Now, the price is moving down toward liquidity around the $119,000 level. 🔹Looking at current liquidation levels, $123,000 holds the next major liquidity pool. 🔹If today’s daily candle closes above $120,000, we could see a sharp pump in BTC, pushing price toward the upside liquidity. 🔹However, if it fails to close above $120,000, another wave of selling is likely. Keep an eye on this level.
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