As we are breaking in symmetrical triangle pattern.
1st and 2nd target is done waiting for 3rd and final Target. Tension I'll wait and watch the market. How it reacts to support zone. Then I'll enter onto a trade till then chillax.
#MarketPullback Please take a note of these support zones for BTC.
1st - 97,700 2nd - 91,000
These 2 supports are crucial support zones for BTC. and as per my experience this dump would not last much, just a panic created in US Market due to DEEPSEEK. That's we have great fundamentals and future ahead.
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I’m from @EpilepticSOL community. We have been submitting verification forms ever since our day 1 and we have been doing a great job as community with respect to engagement in all our socials.
We’re currently at 3,600,000 MCAP X: 12,000 followers TG: 4,900 followers Holders: 22,000
We’ve also traded 🟥🟩 on @moonshot and it has been a wonderfully seamless experience.
Please verify our token at your earliest convenience, it would immensely help us getting more closer to the retail. Thank you $SOL $ETH $BTC
I personally made a mistake in past, that is not buying $BTC $ETH and $SOL Instead i was buying shitcoins and it tarnished my portfolio. But from past 6 to 7 months every 15 days i am buying.
Here will show a big picture of the market via 4 charts: BTC, ETH, Total Crypto Mcap, and ALT Mcap.
Bitcoin: BTC price is trading below $65,000 and has been in a downtrend channel for the last two weeks. However, it is still in a BULL trend in the long term. Support levels are at $63,000 and $60,000. The chart shows that BTC is forming the Right Shoulder of a Bullish Head & Shoulders Pattern, and after completing this pattern, we will see a further bounce.
ETH: The ETH price is also in a short-term correction with major support at $3,250. An ETH ETF could come in the next 15 days, so we may see a bounce in ETH at any time. Around $3,300 would be a good entry point for ETH.
Total Crypto Mcap: Total Crypto Mcap is also in a short-term correction but remains above the mega bull trend line.
Currently, Total Crypto Mcap is near $2.29T, with support around $2.16T, implying it can drop 5% for final capitulation.
ALTs Mcap: ALT Mcap has dropped below the mega bull trend line. We may see a small bounce if BTC moves upward, but it looks like the alts market will go through a final round of capitulation, where alts could drop a further 20% before the next mega season.
Conclusion: Bitcoin and the crypto market are in a bull trend, but BTC may retest $60K in the next few weeks. If this happens, we will see more declines in alts, which could suffer another 15%-20% drop. However, predicting the bottom is difficult. BTC dominance is also near 56%+ and may increase a few more percentage points, but we can see a bearish divergence in the BTC.d weekly chart. This period could be a good opportunity to accumulate alts with a 6-9 month view targeting the next mega alts season.