The current uptrend remain strong and safe [M15 - H1] Monitor it wisely!
Prices could continue to pump toward upper psychological levels: 80 - 90 - 100$; BUT this is a very overbuy and unstable area subject to a bearish reversal! ⚠️
⚠️According to my experience, we may see a possible final bull trap to test the 80.00$ zone before to see a big reversal downard!
🎯I shared the possible setup in my chart! (monitor the levels mentionned). As the hype is relatively strong, everyone is seeing the same patterns. A breakout of the main uptrend will probably lead to a big move! (be aware of FALSE Price action)!! (LIQUIDITY TRAP)
Big resistance zone to be break: 77 - 76$ - 80?
⚠️Warning new investors, ⚠️ I do not recommend HOLD for the long term!
🔴Remember to check the wallets (whales that hold the supply). 🔴20% of tokens are in circulation only! (Cashier for the long term). 🔴And don't forget the early entrants, who may sell at every pump to take gains (bearish pressure)! 🔴A correction of 30-50% in the next few days is very likely! 🔴Prices are very volatile and fluctuate mainly due to hype (short term) and volatility is very high!
Share if you find the information useful! 👍 I speak from experience because I've experienced this on different bull run phases! x)
🤣🤣🤣 *Let’s Talk About Altseason and Why It’s Not Guaranteed!*
Hey, crypto fam! 🤑 I’m here to drop some truth bombs 💣 and give you the real talk about *altseason*.
Let me tell you one thing I don’t believe in... *I can’t predict the present and future based on the past*. 🤔 Does it make any sense? Think about it! The past is *already gone*, and it can’t change. What’s important is that the *future* is full of *unknowns*, and we never really know what it will bring. 🌍
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*The Altseason Myth: Are You Getting Caught Up?*
I see it all the time: traders and creators telling people that *after the dip, altseason begins*. *"After the correction, altcoins pump!"* 😅 But, here's the *truth*: *Altseason is not guaranteed!* It’s not written in stone, and it’s not some magical event that happens just because we had a dip. *Altseason is a market’s option*, not a certainty. The market doesn't work like clockwork; it’s unpredictable! ⏳
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*Why Altseason May Not Happen* 🤔
1. *Bitcoin Dominance is Strong*: Right now, *Bitcoin dominance* is *high*. When Bitcoin is *strong*, it tends to *outperform* altcoins, and the market follows *Bitcoin's lead*. If Bitcoin continues to surge, altcoins may get left behind.
2. *Market Sentiment*: The overall *market sentiment* is a huge factor. If people are *uncertain* or there’s *low confidence*, altcoins won’t see the same kind of bullish momentum. It’s all about *trust* in the market.
3. *Macro-Economic Factors*: Things like *global economic conditions*, *regulations*, and *market news* can all affect altcoins. If we see a *crash* or some *negative news*, altcoins might not perform well, no matter how much people hope for that altseason.
4. *Altcoins Are Volatile*: Altcoins are *highly volatile*, and many of them don't have *real utility* or *sustainability*. Just because they pump doesn’t mean they are going to stay there. Altcoins can be *speculative* and highly dependent on *short-term hype*.
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*What You Can Do in the Meantime* 🧐
1. *Stay Updated*: Always stay *informed* about the market conditions and news. *Don’t just rely on past patterns* to make decisions. The market is constantly changing, and it’s important to *react* to the present, not the past.
2. *Take Profits When You Can* 💰: You don’t know when the market will dip again, so *take profits* when you can! If you see a good gain, don’t wait for an *altseason* that may never come. Take profits and *reinvest wisely*.
3. *Diversify Your Portfolio* 📈: Don’t put all your eggs in one basket! Diversifying your portfolio helps you manage risk. *Mix it up with a combination of stablecoins, altcoins, and Bitcoin* to protect yourself from sudden market moves.
4. *Risk Management*: Always use *stop-losses* and manage your *risk*. Altcoins can be highly volatile, so it’s important to protect your capital. *Don’t let your emotions guide your trades*—use logic and strategy.
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*Prediction for Altseason This Year (2025)* 🔮
While *altseason* isn’t guaranteed, I still see some opportunities in 2025. Here’s what I think:
- *Bitcoin’s dominance will play a big role*. If Bitcoin continues to grow, altcoins may still struggle to catch up. But, if Bitcoin consolidates or corrects, we might see altcoins start to gain some *traction*.
- *Ethereum* and *Layer-2 solutions* like *Polygon* and *Arbitrum* could see growth, as they are *fundamentally strong* and have a growing user base.
- *DeFi projects* could experience some revival if the market sentiment turns positive and more people start using decentralized platforms.
- *Meme coins* like *Shiba Inu* and *PEPE* may continue to see *short-term hype*, but it’s hard to say if they’ll have long-term sustainability.
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*Conclusion: Don't Get Caught in the Altseason Fantasy*
ALTSEASON This is why you shouldn't delay buying alts any more!
Our last Altseason call was exactly two months ago (October 18, see chart below) which turned out to be the exact level that the new rally of the total crypto market cap (excluding top 10) started:
As you can see, the current Cycle (2022 - 2025) displays incredible resemblances with the 2014 - 2017 period. Their Accumulation Phases during the transition from the Bear Cycle to the Bull are very similar, with the Pivot trend-line initially acting as Resistance and then turning into Support on the first Bull Flag formation. That was the pattern that pulled back to the 0.382 Fibonacci retracement level, tested and held the 2W MA50 (blue trend-line) as Support, which was what gave us our accurate buy call 2 months ago. Even the RSI and MACD fractals between the two Cycles are identical, with the RSI bottoming on the exact same pattern and the MACD forming a Bearish-into-Bullish-Cross pattern while the market was forming the Bull Flag. Right now we've entered the Parabolic Rally phase (green Channel Up), where the market should continue to rise without major pull-backs towards the -1.5 Fibonacci extension level. Besides that level, what signaled the market top in January 2018 was the RSI forming a Triple Top and the MACD forming its 3rd Bearish Cross. Use those as additional indicators for exiting with huge profit. Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! #ALTSEASON #alts #altcoins #altsesaon #altseason2024
very bad anylisis. your tp level is minimum. ST level is much more than tp level. what a bad analysis
Izumi Uchiha 72
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Technical Analysis of $BOME /USDT
Current Price: $0.010967 (+11.68% in 24 hours)
Trend: Bullish (Upward momentum observed in the last 24 hours and past week)
Support Level: $0.009737 (24h Low)
Resistance Level: $0.011260 (24h High)
Indicators:
Bollinger Bands: The price is near the upper band ($0.011054), signaling possible resistance. Current price action indicates strength but is approaching resistance.
Moving Average (MA): $0.010758
Exponential Moving Average (EMA): $0.010191 (EMA showing upward trend support)
Parabolic SAR: Indicates potential for continued upward momentum, as it is likely below the current price.
Trade Signal
Momentum: Positive, with strong upward momentum in the short term.
Trend: Bullish, with increasing volume and positive price action.
Action: Buy with caution near resistance levels, potentially aiming for higher targets.
3. Target 3: $0.012000 (Long-term bullish potential if momentum holds)
Trade Strategy: Enter on dips above $0.010500, with a stop loss near $0.0097 to minimize risk. Monitor for breakout at $0.011260 for confirmation of further upside. #ETHCrosses4K #SUIInTheSpotlight #BTCBreaking100KAgain?