A textbook tweezer bottom (highlighted in blue) printed right on the 0.62 fib of the ABC pullback, adding conviction to the rebound off $820 B.
Structure A-leg: $730 B → $1.02 T B→C retrace: tagged 62 % ($820 B) and formed the tweezer pair Breakout line: daily close > $910 B (May/June midpoint) Target zone: $1.18 – 1.22 T (prior supply)
Risk Management
Close < $820 B voids the pattern and reopens $780 B liquidity.
Momentum gauges (MACD curl, RSI ≈ 49) support follow-through; the tweezer adds a clear “buyers defended” stamp. A decisive push over $910 B would signal the next leg of alt-cap recovery.
From Bitcoin Pennant to Alt-RotationNavigating the market as BTC.D presses 70 %
1️⃣ Why this set-up matters
Bitcoin is coiling above $100 K inside a bullish pennant, while BTC Dominance (BTC.D) is testing the roof of a six-month rising channel near 70 %. Meanwhile the Altcoin Season Index (ASI) has climbed from 15 → 23 since 22 June — the first uptick in months.
This trio (pennant, dominance, ASI) often marks the hand-off between a Bitcoin-led run and an alt-coin rotation.
2️⃣ The Pennant – hero chart
See attached image Pole: +40 K move from March lows Break line: $109 K Measured target on confirmation: $138–142 K Invalidation if price closes < $104 K
3️⃣ BTC Dominance – described, not shown
Six-month channel: 62 % bottom / 70 % top A weekly rejection from 70 % has preceded every alt rally since 2023 A breakout above turns the market into “BTC-only mode” again
Key level to watch live: 70 % cap on BTC.D
4️⃣ Altcoin Season Index – numbers to know
23 today (< 25 = Bitcoin Season) First rotation signal arrives above 30 Full Alt-Season historically starts once ASI > 50 and BTC.D sets a lower high
5️⃣ Sectors with the quickest torque (when rotation begins)
Focus on relative-strength names, not everything with a pulse.
6️⃣ If Bitcoin breaks the pennant upward instead
Keep dry powder in stables; avoid chasing thin-liquidity alts Hedge with small BTC puts or tight trailing stops Re-enter rotation plays only after BTC.D rolls back under 67 %
7️⃣ Quick rotation checklist
Check BTC.D, ETH/BTC, USDT.D at the start of every session Monitor July macro prints: NFP (3 Jul), CPI (11 Jul), FOMC (30 Jul) Scale in, never all-in; risk ≤ 2 % per idea
Final take
Alt-season isn’t a date on the calendar—it’s a process. The pennant and dominance channel are reaching decision points within days. Stay flexible: if BTC clears $109 K, respect the trend; if BTC.D fails at 70 %, be ready to rotate into high-beta sectors.
Not financial advice — do your own research and manage risk responsibly.
Price is coiling between converging trend-lines at $107 K–109 K after a +40 K pole. EMA stack (20/50) is rising just below at $106.7 K / $104.7 K, offering layered support.
Trigger levels • Break & daily close ≥ $109 K → activates pennant target $138–142 K • Failure < $104 K (50-EMA & lower trend-line) invalidates the pattern and tilts toward $100 K liquidity
Momentum notes • MACD curling up toward a fresh bull cross • RSI 53 → plenty of headroom before overbought
Decision window is tight—next 2–3 candles likely set the tone.
📉 XRP/USDT (1D) – Compression after a major wedge breakout The 7-month falling wedge is history. Price is now coiling just beneath the $ 2.35 ceiling. • Support: wedge retest zone $ 2.05–2.10 • Breakout trigger: daily close ≥ $ 2.35 → opens room to $ 2.60 then $ 3.00 • Failure < $ 2.05 = pattern fatigue; watch $ 1.85 liquidity Momentum is rebuilding; the next decisive candle should confirm direction. Not financial advice – DYOR.
SUI/USDT (1D) – Channel Break Confirmed Price has punched through the top of the 7-week descending channel, closed above it, and already retested the breakout area as support. Key Levels Breakout zone: $2.90 Retest support: $2.75 – $2.80 Upside objectives: first $3.30 (April pivot), then $3.80 (May swing high) Invalidation: daily close below $2.70 would put the move back inside the channel and shift focus to $2.50 Momentum Context 20-EMA has crossed back over the 50-EMA, signalling an early trend shift. MACD histogram just turned positive; lines curling up. RSI is lifting out of the bear zone (now ~47). Takeaway As long as the pair holds $2.75 – $2.80 and ultimately reclaims $2.90 on a daily close, bias stays upward toward $3.30 and beyond. A failure under $2.70 invalidates the breakout and reopens the path to $2.50. Not financial advice – do your own research.
⚡ BTC 4H – Fib Ladder & EMA Stack Flash Green ⚡ Price just tagged the 1.0 fib at $108.8 K and is grinding higher; next magnet sits at the 1.618 extension $111 K. The EMA pack is bullishly aligned: 20 > 50 > 100 > 200 — classic momentum staircase. Pull-back zones • 0.786 fib $108.0 K – first dip‐buy window • 0.618 fib $107.4 K – deeper reload, still above 50-EMA • Invalidation = 200-EMA / 0.236 fib $105.8 K – break here flips bias flat Momentum gauge RSI hovering 63-65: strong but not yet in blow-off. Game plan As long as candles keep closing above the 20-EMA, the path of least resistance targets $111 K. Failure to hold $105.8 K cancels the thesis and opens a slide toward $103 K liquidity pocket.