VIP MARKET UPDATE: $ETH ➖➖➖➖➖➖➖ ETH has continued its bullish momentum following the breakout from the accumulation zone. It has also broken above the 200 EMA and is currently trading above the marked horizontal support level.
As long as ETH remains above this support, an upward move is expected. However, if a breakdown occurs and the price retests the 200 EMA, the trend may shift.
The best approach in the current volatile market is to proceed with patience, maintain a favorable risk-reward ratio, and apply strict risk management. ➖➖➖➖➖➖➖
VIP MARKET UPDATE: $BTC 1D TF ➖➖➖➖➖➖➖ Bitcoin is trading around $103,879, approaching a resistance level near $106,220.
RSI shows a Hidden Bearish Divergence, price is making a lower high on the RSI while price action makes a higher high. This can be a bearish signal, indicating potential weakness in the current uptrend.
Strong uptrend since mid-April 2025, but now nearing previous highs/resistance.
Caution is warranted at current levels due to the bearish divergence.
A pullback or consolidation could occur if resistance holds. ➖➖➖➖➖➖➖
#TradeWarEases VIP MARKET UPDATE: $BNB ➖➖➖➖➖➖➖ BNB has broken out of a long-term symmetrical triangle, signaling bullish momentum. The price is now trading above both the triangle resistance and the 100 EMA.
Currently, it's consolidating around $657. If it holds this level, BNB could target $730+. A drop back below the breakout zone may signal weakness. ➖➖➖➖➖➖➖
VIP MARKET UPDATE: $BTC DOMINANCE ➖➖➖➖➖➖➖ BTC.D has started to pump from the golden pocket, which is why we're seeing a correction in altcoins.
It may now retest the channel, and a correction could follow after the retest. It's important to note that BTC dominance typically moves inversely to the altcoin market cap. ➖➖➖➖➖➖➖
As long as we don't break from below of the 0.618 Fibonacci retracement and the dashed support, we could be expecting to see a strong pump on TRUMP, could be filling entries from around here, stop loss is tight.