#MarketPullback
#StrategyBTCPurchase : Key Levels & Structural Read
Live Price Snapshot:
BTC: ~$116,100 (recently down ~7% from its ~$124,290 high on August 14)
ETH: ~$4,360
SOL: ~$184.3, down ~4–5% over the past 24 hours
Technical Dissection:
BTC: Tested ~$117K support amidst an $800M liquidation wave; key zones lie at $115K–$118K. A breach below could recalibrate sentiment drastically .
ETH: Holding steady near $4,300–$4,400. The recent rally is buoyed by strong ETF inflows despite daily retrenchment .
SOL: Support tested at $180–$181 after dropping from ~$195. This aligns with large-holder accumulation patterns .
Underlying Market Currents:
Volatility & Liquidations: BTC’s dive below $117K triggered massive deleveraging. If $115K fails, a deeper correction may unfold .
ETH Strength: Despite pullback, ETF demand and low exchange supply hint at structural resilience—watch for momentum toward $5K resistance .
SOL Behavior: Falling support coupled with accumulation by large holders suggests consolidation rather than capitulation .
What to Watch Next:
Trigger Signal
BTC reclaims $118K–$119K with volume Signals potential stabilization
ETH closes above $4,400–$4,500, ETF inflows continue Bullish reaccumulation in play
SOL bounces off $180, holds near support Possible altcoin led recovery
Narrative Insight:
“When the charts are red, the smartest builds narratives rooted in data.”
Liquidity metrics and macro overlays remain critical. With BTC dominance under pressure, watch how ETH and SOL respond to broader risk sentiment.$BTC
