Cryptocurrency Market Overview (Wrapping Up the Work Week)
📍It’s been an eventful week — marked by massive volatility, from fake news about tariff delays to the reality of a 90-day moratorium, from “everything's lost, Trump has gone mad” to “buy urgently, slow yuan devaluation and tariff suspension, strong long.”
Market sentiment on Saturday is positive. BTC levels suggest a high probability of filling the current gap within the week. The nature of this specific gap by Monday is unlikely to have a major impact on the market.
SOL looks quite attractive at the moment. Risk appetite has clearly returned — in crypto, this usually shows through SOL outperforming other Layer-1s, and memecoins seeing double-digit growth.
✔️ TradFi
Tariffs have been suspended for 90 days for all countries except China, which still faces massive tariffs (around 145%).
Importantly, the "stop word" exists — investors are no longer buying into the Democrats' narrative about a crazy Trump.
✔️ Base Scenario
The growth limit until Monday is around $88,000.
I expect a continued decrease in BTC dominance, meaning altcoins may accelerate their growth.
A major correction is unlikely — more likely is a minor technical cooldown by Sunday evening.
✔️ Long Picks for Today
DOGE, SUI, YGG — interesting candidates for buying.
✔️ Today’s Trade Idea
Long TON at $2.955
Move stop to breakeven at $3.05
Stop-loss: $2.856
Take-profit: $3.210
