šKicking Off the Crypto Trading Week with TrendSpider Insightsš”
šØ Market Sentiment:
Bitcoin is trading near $105,584, consolidating above $105K after a weekend surge. The outlook remains cautiously bullish ahead of U.S. CPI midweek.
š BTC/ETH Technical Setup:
BTC: Holding its midāterm bullish channel. A breakout above $106Kā$106.5K could ignite a shortāsqueeze. Key support rests in the $104Kā$105K area.
ETH: Tracking BTCās momentum, currently around $2400. Bulls eye the $3K zone.
š $WCT Outlook:
WCT sits at $0.418, having pulled back ~5.7% on the day.
It remains within its rising channel; bulls will watch for a bounce near $0.415ā$0.418.
A breakout above $0.44 might now shift to a breakout above $0.45, targeting $0.48ā$0.50.
š Macro Trend:
Market focus is on midweek CPI and the tone from the Fed. A dovish shift could fuel further upside, particularly in altcoins like WCT.
š¬ Whatās your trading plan this week? Any TrendSpider alerts youāre watching? Comment below š
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