DMR Kripto

Good morning☀️

$BTC continues its horizontal movement around 105K.

Due to the horizontal movement, a lot of liquidation has accumulated. Currently, the most noticeable heavy liquidation appears to be around $111k.

Due to the recent negative news, there are more short liquidations. On the lower side, there are intense long liquidations in the $100-95k range.

In order for movement to begin and volatility to increase, a liquidation cleanup has become essential; otherwise, the price will continue to move horizontally in the $100-110k range.

Due to global uncertainties, I think there might be an attempt to reach around $111k to attract investors who are watching and to collect the accumulated liquidity.

Wishing everyone a beautiful day and abundant profits.

Good Morning☀️

The Israel-Iran war, customs tariffs, the FED's hawkish statements, and dozens of negative news in recent weeks have not prevented $BTC from holding around $105k.

In such sideways movements, opinions are divided;

🔹Bulls think that since the price hasn't dropped, it will rise.
🔸Bears think that since it hasn't risen, it will fall.

In fact, it is sufficient to only follow the underlying data during sideways movements. If a decline is going to occur after the sideways movement, a weakening will be seen in the data.

Looking at the last two weeks, aside from Coinbase sales, there is no negative data or weakness visible.

Especially when we look at CME (Chicago Mercantile Exchange) data, we can say that institutional interest is still extremely high.

Bitcoin first reached the $105k region 42 days ago. The price is still at the same level, but in these 42 days, ETF investors have accumulated approximately $6 billion worth of BTC.

The decline in Coinbase CVD that occurred during the same period was around $1.3 billion. So, we can say that ETF purchases are overshadowing other negative data and holding the price. For this reason, we do not see the recent Coinbase sales as a problem.

As long as the data and trend structure maintain the $100k support, it will continue to remain positive, friends. I wish everyone a beautiful day and abundant profits.

Powell stated that we can say he spoke partially hawkish due to the uncertainty in customs tariffs.

They indicate that they do not want to move quickly in the interest rate reduction policy due to uncertainties.

Powell mentioned that we could have thought inflation would decrease more if there were no tariffs. We do not want to take a step without seeing the effects of tariffs. He said we will make a wiser decision by waiting a few months.

Since the market does not like pessimism and uncertainty, the initial reaction was negative. Both the S&P 500 and the cryptocurrency side experienced a slight pullback.

Still, I think the overall tone of the speech was not excessively negative, and its impact will fade within a few days. Even momentarily, the effect was weak despite the statements.

On the Bitcoin side, the positive trend is already continuing, and the data continues to maintain its overall positivity.

Therefore, as long as the $100k support is maintained, I do not see a significant reason to be negative, friends. As long as the $100k support is held, the positive outlook will continue.

Economic projections have been released.

The statement regarding higher unemployment and inflation risks mentioned in previous statements has been omitted in this meeting.

In the Dot Plot graph, there is no change in the interest rate expectations of FED members. Since there is no change, the market is moving sideways.

As there is no significant change in the projections, we are awaiting statements from Powell at 21:30.

The Fed kept the interest rate steady.

Good morning☀️

For about two weeks, $BTC has been hovering around $105k and $ETH around $2,500.

Despite the news of war, these levels have been successfully maintained, and we have not seen a significant drop.

Today is an important day. The FED interest rate decision will be announced at 21:00, followed by the release of economic projections. At 21:30, Powell will hold a press conference.

There is a 99.9% probability that the rates will remain unchanged. The importance of this meeting lies in the economic projections. In the economic projections, we will be able to see the interest and inflation expectations of the FOMC members for the coming months.

This will provide us with significant insights into how prices may move in the coming months. It is very important to know whether rates will continue to decrease, and whether the increase in liquidity and the transition to monetary expansion will accelerate.

In the graph below, you can clearly see that the increase/decrease in liquidity moves in tandem with the Bitcoin price.

For this reason, we will closely follow the interest rate decision, economic projections, and statements from Powell and share them with you instantly, friends.

Wishing everyone a beautiful day and abundant profits.

Good morning☀️

#Bitcoin and altcoins have made a positive start to the new week.

With the cooling of war news, S&P 500 futures and the crypto side have risen, while the fear index and gold are on the decline.

As long as the $100k support on the $BTC side is maintained, I have already mentioned that the upward trend will continue and there is no reason to panic. In the last month, there have been 5 declines, and the price has hit a low.

I have provided updates during all 5 declines without exception, and despite the drop, I have explained that the current outlook is still positive and there is no reason to panic. I hope it has been helpful.

In the current situation, the technical data and trend structure still maintain their positivity. This week will be a critical one with important data being released. Therefore, I will be updating frequently, friends.

Wishing everyone a great week and abundant profits.

Good morning☀️

With the news of Israel's attack on Iran, all markets dropped overnight.

With the arrival of the attack news, S&P 500 futures fell by about 2% and crude oil rose by 10%.

Recently, the correlation between US stock markets and $BTC has been very high, so the news had a negative impact on the crypto side as well.

As long as the risk of war continues, gold and oil will rise while risky assets will remain suppressed and in the background. At this point, we need to monitor whether Iran will retaliate or not.

I had explained the importance of the $100k support for Bitcoin. As long as this support is maintained, I don't think there will be a major issue.

Since we are on a critical day, I will be updating frequently, friends. I wish everyone a beautiful day and abundant profits.

Good morning☀️

$BTC continues to move sideways around $108k.

🔹Whale activity is positive (+20)
🔹ETF inflows are ongoing
🔹Funding rates are normal
🔹Long ratios are low
🔹The upward trend continues
🔸Coinbase is selling, CVD is decreasing

Technical data continues to generally maintain its positivity. As long as the $100k support is held, the current outlook will remain positive and the upward trend will continue.

At this moment, the only negative data is that Coinbase continues its spot sales. Coinbase has been selling since April 24. These sales are not felt because ETF and on-chain purchases are strong.

Even after Coinbase started selling, the price has already risen by about 15-20%. Therefore, I do not think this situation poses a significant risk at the moment, friends.

The important thing for now is simply to maintain the $100k support. As long as this support is held, the upward trend will continue.

I wish everyone a beautiful day and plenty of profits.

Good morning☀️

#Bitcoin managed to rise again to around $110k with the reaction it received from the $100k support.

While everyone was talking about the trend being broken and the decline continuing when $BTC retreated to the $100k support, I explained that the trend had not yet broken and I expected the rise to continue.

In fact, it successfully started to rise again in price. I took advantage of the calmness in the market during the holiday to clear my mind a bit.

Starting today, we will continue with both Bitcoin and altcoin analyses at full speed with a clear mind, friends.

I wish everyone a beautiful day and plenty of profits.

The exchanges between Trump and Elon Musk have caused a decline in the markets.

Tesla fell by 15%, the S&P 500 by 1%, and $BTC experienced a decline of around 3%.

Due to the high correlation between crypto and US stock markets recently, any news affecting the US stock markets unfortunately also negatively impacts the crypto side.

We will continue to follow the main trend without getting too caught up in short-term news flow. As I mentioned before, the upward trend is still ongoing. Therefore, as long as the $100k support is maintained, there shouldn't be any major issues.

If there is an important situation, I will provide updates in real time, friends.

Ethereum and altcoins have not performed as desired in recent years, but the $ETH data in the last few months looks really good.

So what will happen? Let's take a look at this data together 👇

1) CME Future Open Interest

Although most people have not even been able to recover their losses yet, ETH has risen by 100% in the last two months.

During this period, the futures contracts opened on the CME side have tripled. Open interest has risen from around 1 billion to 3 billion.

The rise being supported by institutional investors on the US side and the increase in open interest coinciding with the rise is extremely positive.

2) Spot ETF Inflows

The Ethereum ETF is not very functional at this point, but despite this, ETF investors are slowly accumulating.

There have been no outflows in the last 20 days. We closed the day with positive inflows. The amounts are not very high, of course, but the fact that ETF investors are buying is still extremely positive.

3) Whale Activity

Whale activity on the Ethereum side has not been able to gain stability.

After the purchases coming from CME and ETF, whale activity has also reached a nice point.

As of now, it is around +12. Being at these levels is extremely positive.

4) Spot CVD

Coinbase is a very successful exchange for spot purchases. By simply tracking Coinbase's spot purchases, we have captured great rises and falls until today.

Coinbase started heavily purchasing ETH since the beginning of March. Currently, Coinbase purchases are still ongoing and spot CVD is rising.

The fact that Coinbase is making spot purchases is extremely positive.

Overall, the data looks extremely positive. There does not seem to be a major technical issue.

Currently, the only problem has been the resistance of $2,800 not being broken. I believe that with the breakout of this resistance, we could see much better rises for ETH and altcoins.

I wanted to share a detailed analysis because ETH and altcoins have been asked a lot. If you find it helpful, please don't forget to like the analysis.

Wishing everyone a great day and abundant profits.

Good morning ☀️

#Bitcoin experienced an 8% drop after attempting a new ATH.

Although the rising trend support has been broken, the upward trend has not yet been disrupted. This situation is often confused.

As long as $BTC continues to make new higher highs and higher lows, the upward trend will continue. For the upward trend to be disrupted, the price needs to fall below the last low.

The last low indicates the $100k support. In fact, this level had acted as support 3 times before the ATH attempt was made.

Therefore, as long as the $100k support is maintained, the upward trend will continue, and there won't be a major issue to worry about.

I will share other technical data throughout the day, friends. Wishing everyone a great weekend and plenty of profits.

#Bitcoin has been moving horizontally around the ATH resistance of $109k for the past week.

The changes in the data during the period when the price is moving sideways give us great ideas about the upcoming price movements.

While the price moves sideways at the resistance, we check whether there is a cooling in the data. Currently, despite the sideways movement, technical data still appears strong and maintains a positive outlook.

When $BTC was last at $80k, I shared an analysis related to a similar situation, and a day later the trend broke, leading to a 30% rise. I recommend reading this analysis as well to better understand what I am explaining 👇

https://t.co/cXWk2xQOpx

In the current situation, I believe that the sideways movement of the price and the continued strength of the data indicate that the ATH resistance will be broken and the upward trend will continue.

In case of a contrary situation, I will update you in real-time, friends. I wish everyone a great day and plenty of profits.

#Bitcoin is continuing its horizontal movement around $109k.

Most investors want to see analysis of $ETH and altcoins rather than $BTC analyses, as they are trading in Ethereum and altcoins.

Recently, the correlation between BTC and ETH has been high, so prices are moving in the same direction at the same time. Therefore, understanding Bitcoin is more important.

The entire market is moving in the same direction. However, since the market cap of ETH and altcoins is lower, they tend to rise more during uptrends and fall more during downtrends.

This is why the trades we open in Bitcoin do not match the trades we open in altcoins in terms of quantity; the position size and risk are 2-3 times lower.

Since ETH and altcoin analyses have been frequently asked, I wanted to provide a brief update, friends. You can buy and sell altcoins based on Bitcoin analyses. You just need to manage your risk correctly and be a bit more cautious.

Currently, Bitcoin data is still maintaining its positivity.

Wishing everyone a great weekend and plenty of profits.

Trump announced that a 50% customs tariff will be applied to the European Union starting from June 1.

With the news coming in, U.S. stock markets began to decline and the fear index rose by 20%.

Recently, the correlation between $BTC and the S&P 500 has been very high, which has also caused a pullback in the crypto side.

Four days ago, I mentioned that the correlation had increased significantly and that we needed to closely monitor the global side.

As of now, despite all the data being extremely positive on the crypto side, we are seeing a pullback due to global factors. Therefore, we can say that the global side will again determine where the price will reverse.

I believe that recovery will begin as soon as the impact of the news passes. As long as Bitcoin remains above the $100k support, I don't see any major issues, friends.

#Bitcoin closed above the ATH level and continues to rise by refreshing the ATH.

I have already mentioned before that I expected this level to be easily broken. Yesterday, there was a net inflow of approximately 1 billion dollars into the spot ETF, and with these inflows, the ATH resistance was easily broken.

Current situation;

🔹Whale activity is positive (+26)
🔹Funding rates are at normal levels
🔹Long rates are still low
🔹ETF purchases continue without slowing down
🔹Overall, the global side is positive
🔸Coinbase is selling on the spot side

We can generally say that the data is extremely positive. The fact that Coinbase is selling can be interpreted negatively, but these sales are not felt because ETF purchases are strong.

Although there may be slight corrections, I believe Bitcoin can easily reach the range of 130-150k with the ATH break.

This evening, an updated Bitcoin analysis will be published on our YouTube channel, and we will take a closer look at all the data in the video.

I wish everyone a beautiful day and plenty of profits.

$BTC has reached an all-time high by surpassing $109,358.

In recent weeks, all data had already indicated that this rise could happen, and I had shared this data objectively with you even during downturns.

Therefore, the new ATH was not surprising from our perspective. Currently, the existing data continues to remain positive.

For this reason, I believe that the price could easily surpass the ATH resistance in one or two attempts at worst. There are two important factors to pay attention to right now.

- Global side, US stock markets (S&P 500, Nasdaq)
- Funding rates

Given that Bitcoin's correlation with US stock markets is very high at the moment, it is essential to closely monitor the US stock markets as well. Most of the declines that seem unwarranted are due to pullbacks in the US markets.

The second important factor is funding rates. Currently, the data is extremely positive and strong, so there will not be a significant risk of a decline until funding rates rise, but sudden drop possibilities may arise when funding rates increase.

Currently, the rates are low, but after the ATH resistance is broken, the likelihood of rates rising will increase, so don’t forget to keep a close eye on it.

I believe that Bitcoin's rise will soon positively reflect on Ethereum and altcoins as well.

I hope the previous analyses have been helpful, and you have been able to make a nice profit from the rise, friends. If you find the analyses useful and want more, please don’t forget to like the shares.

#Bitcoin recovered from the decline at the beginning of the week and rose above $105k again.

In the last 10 days, $BTC dropped around 101k exactly 3 times. Despite there being great pessimism and fear in the market during each pullback, I provided information and explained that there was no issue.

After these notifications, Bitcoin managed to rise back around $105k each time.

It is necessary to interpret the data completely objectively and act accordingly. The biggest mistake most investors make is focusing on negative data when prices drop and positive data when they rise.

Just as it is difficult to think positively about the data when prices are falling and make purchases, sharing this idea with thousands of people is a hundred times harder.

As someone who has been trading in this market for years, I have seen that establishing this psychology greatly increases my success rate.

Therefore, if you interpret the data that could affect the price objectively without worrying too much about the price's decline or rise, your success rate will be much higher.

As of now, there is no change in the data. Therefore, we continue the trades we opened with the trend break.

As you can see on the chart, we have already provided information during all moments when the decline was the deepest. I will update you instantly if there is any change, friends.

I wish everyone a nice day and plenty of profits.

Markets started the new week with a slight pullback.

The $VIX fear index opened with a 15% increase, and we are seeing a general pullback across all markets including $BTC, S&P 500, and Nasdaq.

The main reason for the pullback was Moody's downgrade of the US credit rating. This downgrade indicates that the US economy may be at risk, negatively impacting risky assets.

Therefore, we can say that the drop occurring after the night close is globally sourced. There doesn't seem to be any negative news or data on the crypto side for now.

Looking at the correlation between Bitcoin and the S&P 500 in recent months, we see that they are moving in the same direction.

While Bitcoin is more volatile percentage-wise, it moves in the same direction and time as global stock markets.

Thus, it has become necessary to follow the global side and act accordingly after the ETF approval.

Since there are no issues on the crypto side, I believe that as soon as the global side recovers, the upward trend will continue. As long as $100k is maintained, I don't foresee any major issues, friends.

Wishing everyone a great week and abundant profits.