View #33 - $BTC resting to continue attracting cash flow? How will Altcoin act?
$BTCDOM
4H – 1D Frame:
• BTC broke out of the range 118,300 – 118,500 with continuous green 4H candles, the next target is the resistance zone 123,200 – 126,100.
• RSI(6) above 70 in the 4H frame → warning that a correction may occur when hitting resistance.
• EMA99 in the 4H frame (116,300) and EMA25 in the daily frame (116,200) are the main support zones if a correction occurs.
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2. Trading Scenarios
Continuing Long Scenario:
• Condition: BTC remains above 118,800 and volume increases again in the 15P frame.
• Entry: 118,900 – 119,200 (when there is a retest of EMA25 in the 5P/15P frame).
• TP1: 121,000 | TP2: 123,200.
• SL: Below 118,500.
Short-term Short Scenario (counter-trend):
• Condition: BTC breaks down 118,500 with increased volume and RSI 5P < 40.
• Entry: 118,400 – 118,600.
• TP1: 117,300 | TP2: 116,500.
• SL: Above 119,500.
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3. Impact on Altcoin & Ecosystem Strategy
• BTC.D is increasing → temporarily capital is concentrated in BTC, altcoins are likely to be “weak” if BTC rises strongly.
• Only prioritize Long alt when BTC sideways holds above 118,800 and BTC.D cools down.
• Alt group to monitor: LDO, LTC (strong increase, stable volume) – avoid COMP, AVAX, OP (under selling pressure).