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Cryptorphic1
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Bearish
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Might see a relief for the next few hours and then further correction.
More downside possible IMO.
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Cryptorphic1
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What if $ETH follows this suit… #ETH
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Zooming out clears the noise! When it comes to #Altcoins, these are opportunistic corrections not panic signals. It’s not the time to sell (if you’re even considering it), but rather a chance to spot strong picks with solid fundamentals and bullish charts. DYOR NFA $BTC #BinanceAlphaAlert #cryptorphic
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#BTC Update:- closed around $84,088 (Binance). Unless we break above $87.5K, there’s still a chance we revisit the lower $70Ks before seeing any real reversal. With the weekend here, it’s wise to focus on capital preservation rather than taking unnecessary risks on futures, especially in such uncertain market conditions. Just a heads-up: the blue EMA on the chart is the 35-period. Hope this helps. Cheers, and have a great weekend! #bitcoin #crypto
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🚨 BREAKING:- The Federal Reserve has maintained interest rates, as anticipated, signaling potential rate cuts later this year amid slowing economic growth and rising inflation. Bitcoin (BTC) is currently trading at $85,108, up 3.81% from the previous close. To trigger significant market movements, BTC needs to break above the $86K-$87K range. High-leverage positions on both sides are being liquidated ahead of major moves. Ethereum (ETH) is trading at $2,035.14, reflecting a 7.50% increase. The attached ETH chart illustrates current market dynamics. #FedWatch #btc $BTC
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#Tether showing signs of rejection at multi-year resistance (~6%) Tether dominance is facing initial rejection from the key 6% resistance zone, a crucial level for swing-long traders. The index has been ranging between 4% and 6% since early 2024. A weekly rejection could trigger reversals in many altcoins. Stay objective, market conditions make this setup seem unlikely, but that’s the catch. Watch the charts without bias. Invalidation: A break and close above this resistance. Action: Scale in or hold spot positions. DYOR, NFA. More alpha and charts dropping from Monday. Stay tuned! #BinanceAlphaAlert #MarketRebound
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