#ArbitrageTradingStrategy $BTC /July
Bitcoin: If the hourly candle - any hourly candle and this is the only condition - closes below the red line, it will have turned negative on smaller time frames and will drop between 108 / 107.500..
Ethereum: It is essential to break above the red line with strong momentum; it is not necessary to close above it, a strong break is sufficient. This area is very close; if it does not break above, it faces a correction below the blue box.
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Note:
The larger time frames - even the 6-month frame - are positive, and the medium and small time frames do not show a confirmation of direction yet; however, there are still many large sellers quietly selling (you can refer to the VBSM indicator to confirm)
The path to 116/120 thousand will not be easy