Market Breakdown – 30/05


#bitcoin remains in a macro uptrend, even as it continues to correct. $BTC dominance is holding strong at 64%, showing us that it’s still the key driver of market sentiment right now.


⚠️ Caution for those considering heavy entries — while we’ve seen some price upticks, the volume isn’t confirming strength. Recovery attempts are lacking conviction, and there’s no real buying pressure stepping in yet.


———————

🧠 My Take on Key Levels



  • Liquidity Zone: 104–107K


  • If BTC dips into the 103–100K region, it might actually present a solid reaccumulation opportunity and a potential setup to retest 112K.


🛡️ Support Levels to Watch:



  • 98K


  • 95K


‼️ If $BTC breaks below 98K, we could revisit the adjustment zone between 88–92K. This would likely shake out weak hands before any real move higher.


‼️ One more thing — this cycle's momentum may now depend on Ethereum. We need ETH to increase its dominance and help validate the bullish structure of the overall market.


Let’s stay sharp and watch the key levels.


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👊🏽

$BTC


Current Price: 104,644 (-0.17%)