#BTC closed the weekly candle indecisive, with wicks a huge wick on body sides, no to minor body. Its a very indecisive and currently, moving higher trying to flip the resistance, we need to see a Daily candle closing healthy either side.
#US30 gave a tap into the 43,000 area and rejected precisely with a wick. Currently, its dropping and might continue lower till 41,150 and eventually 40,800 as support. You can consider taking shorts on a retest.
#DXY gave a perfect drop as per the analysis towards the major support. Index exactly reacted from the support and now holding above it. Its new range now, we can move towards the major resistance and can print a new lower low again.
#AVA is been in a consolidation market and moving between the key support zone of $0.45 - $0.47 and key resistance $0.75 - $0.78. Price is been in a tradable range, song short-term longs can be taken from the support and short-sells only after the H4 candle close.
With substantial Bitcoin supply turnover during two ATH pushes over six months, tracking recent investor behavior becomes crucial. The Short-Term Holder (STH) Cost Basis captures the average acquisition price for coins held under 155 days, currently at $97.1k.
Standard deviation bands provide statistical context: the +1σ band at $114.8k signals overbought/breakout conditions, while the -1σ band at $83.2k marks elevated downside risk. These three levels ($114.8k, $97.1k, $83.2k) define short-term sentiment boundaries, with breaks above or below likely shaping the next market direction.
#BITCOIN on WEEKLY TF, had a weekly closing with a good rejection candle and this week also, price just moved up and retraced all the way down and now having a rejection candle stick. The another rejection candle means, buyer is bit stronger than seller and can over it soon. Expecting bullish bias for next week not strongly but it can.
USDT Dominance is facing rejection from the resistance trendline of a descending triangle pattern. It is currently trading below the Ichimoku Cloud, which is acting as a resistance barrier, reinforcing bearish pressure.
At this stage, it’s crucial to wait for a confirmed breakout or breakdown from the pattern to determine the next directional move.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.