$BTC & Alts Update
Bitcoin experienced a sharp drop from $114,700 to $110,600, filling the lower CME gap and liquidity zone.
Despite the drop, alts didn't follow suit as much. The key levels to watch for Bitcoin are:
- $112,600 - $113,000: A daily close above this range could push Bitcoin toward $120K.
- $112K: A close below this level could lead to further downside, potentially toward $105K.
$ETH Update
Ethereum rebounded from $4700 to $4750 after hitting a new ATH of $4950. The market makers are likely liquidating longs before pushing ETH above $5000. It's a good time to:
- Avoid leverage: Stick to holding spot positions.
- Accumulate promising altcoins: Deploy 10% of your capital into strong coins and consider DCA if the market dips lower.
The market is volatile, but recovery often comes quickly after strong pumps. Keep an eye on key levels and adjust your strategy accordingly.
Kindly Read Properly And Understand.
And Last but Not the Least DYOR Also.
#BNBATH900 #HEMIBinanceTGE #FamilyOfficeCrypto #CryptoRally #Mfkmalik
Bitcoin experienced a sharp drop from $114,700 to $110,600, filling the lower CME gap and liquidity zone.
Despite the drop, alts didn't follow suit as much. The key levels to watch for Bitcoin are:
- $112,600 - $113,000: A daily close above this range could push Bitcoin toward $120K.
- $112K: A close below this level could lead to further downside, potentially toward $105K.
$ETH Update
Ethereum rebounded from $4700 to $4750 after hitting a new ATH of $4950. The market makers are likely liquidating longs before pushing ETH above $5000. It's a good time to:
- Avoid leverage: Stick to holding spot positions.
- Accumulate promising altcoins: Deploy 10% of your capital into strong coins and consider DCA if the market dips lower.
The market is volatile, but recovery often comes quickly after strong pumps. Keep an eye on key levels and adjust your strategy accordingly.
Kindly Read Properly And Understand.
And Last but Not the Least DYOR Also.
#BNBATH900 #HEMIBinanceTGE #FamilyOfficeCrypto #CryptoRally #Mfkmalik
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
4,609.92
+0.86%