$FARTCOIN Looking at this and at the market state. and sellers kept increasing at the demand wall making it harder for the market to bullish. so i am staying out from it.
Bitcoin closed above $85,000, was it a positive close?! Yes; but I found something that worried me in the Other liquidity chart.
Simply put, this chart answers the question: Are we in a Bear Market or a Bull Market?! Unfortunately, if we drop below $247 billion by next Sunday, it will be officially confirmed that we have entered a Bear Market.. I will let you know then.
What matters now is what comes next..
Positive close + Negative Other chart = Speculative rise followed by a drop to complete Bitcoin's targets below $85,000.
🪙 Suggestion: Hold onto your coins as long as Bitcoin is above $85,000, but if it drops, be careful because there are no supports below $85, and it will go to $77 then $75, but the positive thing is that I see this will be the last drop :)
"Donald Trump's recent statement was not just a fleeting news item, but rather a spark that ignited expectations in the cryptocurrency markets. For me, this statement felt like a return to the atmosphere of 2018 when Trump's remarks could turn the markets upside down. Those who lived through that period fully understand how the markets react to Trump's sudden statements. This latest statement brought back those memories and made me anticipate a period filled with surprises and opportunities. $TRX
Why is this statement important?
Trump's statements, regardless of their content, always carry a strong impact on the markets. This influence stems from his controversial personality and his ability to capture the attention of the media and investors. In the world of cryptocurrencies, where prices are highly affected by news and expectations, a single statement can lead to radical changes. $FLOKI
I expect to witness in the coming period
New highs and historical peaks: Trump's statement may be the catalyst that drives cryptocurrency prices to unprecedented levels. Huge financial liquidity: The entry of new investors and an increase in trading volume will lead to a significant influx of liquidity into the markets. Sharp fluctuations: Large price fluctuations cannot be ruled out, as the markets react quickly and unexpectedly to news and expectations. #CZ'sTokenModelIdea #MarketRebound #USCryptoReserve