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Whatās Next for Bitcoin? š Is bull run over ? š Bitcoin hit ATH of $124K before cooling off to around $113K and that little dip has everyone asking the same thing: Is the run over, or are we just getting started? Hereās what you need to know š ā¢ā Long-term chart still screams bullish. BTC is riding way above key moving averages. ā¢ā” Corrections like this are normal after a massive rally think of it as a pit stop, not a crash. ā¢š If BTC holds above $110K, momentum is still alive. A break under that? Short-term nerves kick in. Probably a revisit to 105 k and 95 k possible. Whatās my ideal setup? We will see a relief bounce then btc will touch its support band in early september ie 105 k or 95 k before making another ATH Either way ā this bull cycle isnāt done.So dont panic and avoid alts for now
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$INJ ā¼ļø INJ is my only red bag this bull run š Hereās why itās lagging and the levels Iām watching next.š Injective is the only coin in my portfolio still in the red despite having good tokenomics. I bought around $18 after the ATH rally cooled and just before election. while majors and even meme coins pumped, INJ lagged. Letās break down why itās struggling and where the chart stands. Why is INJ dumping? After peaking between $35ā$53, sellers kept unloading into every rally. Liquidity rotated out into meme coins and majors, and volume on INJ dried up. Without fresh demand, every bounce has been weak, turning into another lower high. The chart tells the story: ā¢ Structure: INJ is stuck under $15ā$17 short-term resistance, with major supply around $20ā$21. ā¢ Support zones: $11ā$12 is the first key floor; $9ā$10 is critical. If that breaks, the next strong base is around ~$6.3. ā¢ Momentum: moving averages show bulls are still not in control, and low volume makes breakouts easy to fade. My take: Right now, INJ looks like a high-risk trade. Until $20 is reclaimed with real volume, upside is limited. Iām treating it as a short-term play: trim into strength near resistance, size small, and always set stops. Long-term, INJ still has strong tokenomics ,but market psychology matters, and for now, capital is chasing easier wins elsewhere. #Injectiveš„
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