🎯 The current consolidation phase may take longer — don’t let yourself get shaken out.
A Bitcoin whale, who made headlines by moving 80,000 BTC through Galaxy Digital, caused a major spike in the net realized profit/loss ratio — pushing it up to $3.2 billion.
That figure has since dropped to $1.4 billion, which is still high for sustained upward momentum.
At the same time, the market continues to absorb incoming supply steadily, while price action remains largely unaffected by sellers.
TOTAL3 - already close to the "red circle" from the post above, lots of technical, good entry points on alts (see screenshot)
BTC - touched the upper boundary of the "red corridor", reversal could be plus-minus from current levels, or could fill the whole area, down to $110K
• Holding my BTC long, unchanged, entry point - $117,901. In my trading system, everything happening on BTC is just a minimal correction, not even medium-grade. Success probability is quite high, so can hold it right to the stop trigger, if it hits it hits, but then a close BELOW $107,500 would be a very bad sign for the market, and right now the probability of this event is less than an ATH update #btc_16_07 #FOMCMeeting
Here #ETHUSDT is trading within higher lows. This is interesting because Bitcoin produced a lower low recently. The same volume signal is present here, has been producing lower bearish volume since last month.
The RSI produced a lower low while produced a higher low. This is called a hidden bullish divergence. Ethereum's bears did not only fail to take out the last low 24-July but also the previous one, and this clearly reveals bullish support.
The RSI being oversold is also a positive condition and can signal a reversal happening soon. Not truly a reversal because we are not in a downtrend, we are still witnessing a small pause after a strong rise; consolidation near resistance. A continuation reads better.
Ethereum's price continues really strong and the short-term signals are pointing to bullish action being favored in the coming days. We can wait easily and patiently because the best is yet to come.
💰 #BTC Glassnode Report: – The volume of unrealized profit held by market participants remains significant; – BTC is currently fluctuating within the $105K–$125K range. A decisive breakout from this zone could open the door to $141K — an area likely to face increased selling pressure due to the high unrealized profits expected at those levels; – In contrast, a low-volume zone sits just below the current price in the $110K–$115K range, making it a critical area to watch in case of a market pullback.
The situation around Ethereum has confused many. Ever since mid-last year, holders have been frustrated with the coin’s price action. The peak of the community’s frustration came between February and April this year, when ETH dropped below $2,000 🔽.
However, after a wave of angry comments across crypto channels calling Ethereum “a trash coin and a scam 😡,” the price bounced back — rallying roughly +183% from the lows. It has now returned to the same levels where the December 2024 drop began.
On the weekly chart, we can spot a classic “shakeout” pattern. ETH consolidated in a wide range between ~$2,200 and ~$4,000, then dropped below the range earlier this year to grab liquidity.
Now, the price is hunting stop losses and liquidations above the ~$4,000 level. This kind of range-expansion pattern is very common in crypto markets.
☝️ In short, both the fundamentals and technicals are aligning. And right now, they’re both pointing to a breakout above ~$4,000.
#Fun already on 55% Dumped from last high of 15th july. Now, the path to make another leg up is cleared. Open interest also showing positive vibes.Now retest done and ready for another parabolic move.
Fun Token gonna announce another major news very soon.
Recently, it listed in USDC pairing as well. Adoption is growing up.
Get Ready to Ride Another Big Wave.
Target short term: 15%-100% Returns 💸 Mid-Term: 50-250% Gains 🔥#BinanceHODLerTree