VANA CHART ššš We can see there is an ascending triangle š spotted on $Vana, but right now Vana is trying to break the dynamic resistance to the upside to constitute a CHOCH . If it fails to break and start forming a LL and hit support breaking out with good volume vana will fall drastically š. Fingers crossed š¤$VANA
Thereās strong potential in both directions. Currently, weāre moving within a rising wedge. The structure has already broken to the long side, but the wedge itself is still holding.
The key zone is between 173ā190, which has repeatedly acted as a reaction level. The marketās next move depends on this area ā if buyers lack the strength, we have a solid short setup. However, if bullish momentum picks up, we could be looking at a potential move toward new all-time highs. $SOL
Comparing capital absorption since the FTX collapse in late 2022 reveals a stark contrast between the two leading cryptocurrencies:
* Bitcoin's Realized Cap grew from $402B to $870B, adding $468B (+117%) * Ethereum's Realized Cap increased from $183B to $244B, adding only $61B (+32%)
This significant disparity in capital inflows explains their divergent performance since 2023. Ethereum's relatively smaller influx of demand and fresh capital has resulted in weaker price appreciation and its failure to reach a new all-time high, while Bitcoin surpassed $100k in December.
A rising wedge has formed, and now we have two potential outcomes:
We wait for a break of the lower boundary and a consolidation below itāif that happens, weāll look for an entry in short with targets down to 95. Alternatively, the price may completely ignore this pattern and head upward for the liquidity above.$SOL
#BTC gave a weekly closing within the range and Todays Daily Candle trying to gave the break of the range and the resistance area too. Candle closing is important for now.$BTC
#BTC gave a weekly closing within the range and Todays Daily Candle trying to gave the break of the range and the resistance area too. Candle closing is important for now.$BTC
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#BTC still inside the consolidation range not movement yet. But yes tariff thing might come after while and market is not clear at the moment. We can only follow the Technical and make it along the way. $BTC
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#BTC had a candle close over the zone but its again gave a close below too in the same TF. In H$ it looks like a retracement now and potentially can move further up, by NY open. $BTC
#BTC flipped the resistance again and give the Daily TF candle close over and now about to retesting zone as support. Hopefully now we're ready to move higher and break the $86,000 area. $BTC
#BTC dropped hard as per the pattern formations and expectation. Weekly TF candle almost got its engulfing closing, all LTF are shifted bearish. Now, need to wait for some sort of clarity to the market. $BTC
#BTC gave a shallow close below the triangle and now a big candle giving close below too. Also with that a retest is happening and its the matter of time if the candle able to sustain over the zone and make a rejection wick. $BTC
Eliminate the noise 𤬠Focus on your choice š It's just a matter of timeā Evidence š§¾ will show up š„ Results will come š«“ Can I get a GM?
popping up. This can make things confusing for folks new to crypto. But the story of āXBTā isnāt new.
Simply explained, XBT is the lesser-known ticker symbol for Bitcoin.
Why Do Some Crypto Exchanges Call Bitcoin XBT Instead of BTC?
This can seem strange at first glance. But the reasoning for XBT makes sense when we look closer. Bitcoin was created in 2009 by Satoshi Nakamoto. Back then, it didnāt have a symbol. It was just called āBitcoin.ā The abbreviation BTC naturally got popular in th