“Markets evolve, and what worked in the past may not repeat in the future.”
He’s previously suggested that Bitcoin’s traditional 4-year cycle may not play out the same way going forward, as institutional adoption increases and the market structure continues to mature.
Whether that proves true or not, this cycle is for sure already behaving differently to the last.
$ONDO The chart for ONDO is a little hesitant to reach the Yellow Rejection zone, but that zone is stillv alid.
As long as the chart doesn't produce a lower low below $0.2850, the rejection zone stays valid.
We find a short in that range with confirmation: No Confirmation - No Short.
Confirmation could be anything bearish on the lower timeframe INSIDE that yellow zone, it could be as small as a bearish candle close, and as big as LTF structure shift. Bigger the confirmation, higher the chances of a successful trade.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, while recent price action suggests accumulation above support. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.0350 holds, bullish continuation remains the higher-probability path.
$DYDX is approaching a key descending trendline resistance after reclaiming its horizontal support zone with strong momentum. A confirmed flip of the trendline into support would strengthen the bullish structure and increase the probability of continuation toward higher levels.
If $DYDX gets rejected at the trendline, a pullback to the reclaimed horizontal support could offer a better long opportunity.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, while the broader structure continues to favor bullish continuation after recent consolidation. A sustained hold within the entry zone could attract additional buying pressure and trigger a move toward the outlined resistance levels. As long as $0.0098 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, while the broader structure continues to favor bullish continuation after recent consolidation. A sustained hold within the entry zone could attract additional buying pressure and trigger a move toward the outlined resistance levels. As long as $0.445 holds, bullish continuation remains the higher-probability path.
Price is holding near a major support zone despite elevated volatility across exchanges. Buyers continue to defend the current range, while momentum remains constructive after recent consolidation. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $10.20 holds, bullish continuation remains the higher-probability path.
Price is holding near a major support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, while the broader structure continues to favor bullish continuation after a strong expansion phase. A sustained hold within the entry zone could attract additional buying pressure and trigger a breakout toward the outlined resistance levels. As long as $1.45 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating above support after a strong advance. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $2.58 holds, bullish continuation remains the higher-probability path.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, with price consolidating after a recent pullback. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $194 holds, bullish continuation remains the higher-probability path.
The liquidation heatmaps are starting to tell us something very important .
On the 1-month heatmap, there’s still a huge amount of liquidity sitting around $50,000, while another major cluster remains overhead between $70,000-$80,000.
On the 1-week heatmap, Bitcoin came close to sweeping the liquidity around $57,000, but never quite reached it.
The 48-hour heatmap shows liquidity continuing to build underneath the current price, while much of the nearby liquidity above has already been tested.
Then, on the 24-hour heatmap, every push higher has encouraged more leveraged longs to enter the market, creating an even larger liquidation zone below price.
That’s the important part.
These heatmaps aren’t directional.
They simply show where the liquidity is sitting.
When you combine them with funding, open interest, spot flows and positioning, they tell a much bigger story.
Right now, I still don’t see convincing evidence of aggressive spot accumulation.
Until that changes, I continue to view these rallies as opportunities rather than confirmation that the market has reversed.