Nice move—catching BTC low and selling high in this volatile range is spot on. With BTC swinging between $103K and $106K, timing and discipline are key, and you nailed it. If you're planning to keep scalping, watch for exhaustion near $106K—look for lower highs or weak volume. The next potential buy zone could form around $103K or lower if there's a sharp dip. Stick to tight stop-losses, especially when using high leverage. The key now is staying sharp, reacting quickly, and locking in profits without getting greedy. Want updated support/resistance levels for your next entry? #BTC110KSoon?
#IsraelIranConflict In light of the ongoing Israel-Iran conflict, market volatility is high, making scalping a more suitable strategy than holding trades long-term. Focus on quick moves with tight stop-losses and small target profits, especially if trading with high leverage and smaller capital. Bitcoin (BTC) is showing swings between the $103K and $106K range. A short position around the $106K resistance zone could be effective, provided there's confirmation like bearish divergence or volume drop. Avoid holding trades overnight, as geopolitical developments can cause sharp, unpredictable moves. If BTC breaks and holds above $106K with strong momentum, exit short positions quickly—next resistance could be $108K. Use OCO (One-Cancels-Other) orders and set alerts to stay responsive. Scalping in this climate is about precision, speed, and strict risk management. This is not the time for wide stop-losses or hoping for extended trend plays. Stay sharp, adapt fast, and protect your capital.
Any hopes for XRP? As of May 30, 2025, Bitcoin (BTC) is trading at approximately $106,189, reflecting a recent decline of about 1.4% from its previous close. This downturn follows a peak of over $111,000 earlier in the month, influenced by factors such as macroeconomic pressures and industry-specific developments. Barron's
In contrast, Ethereum (ETH) has shown resilience, experiencing a 50% gain over the past month, reaching $2,732. This surge is attributed to increased decentralized finance (DeFi) activity, institutional interest, and strategic initiatives like SharpLink's Ethereum reserve. Barron's
The relationship between Bitcoin and altcoins has been evolving. In early May, Bitcoin dominance reached 65%, indicating a strong preference for Bitcoin among investors. However, as of mid-May, dominance decreased to 63.89%, coinciding with a rally in altcoins such as Ethereum, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), each gaining over 6%. KuCoinBeInCrypto
This shift suggests a potential "altcoin season," where capital rotates from Bitcoin to altcoins. The ETH/BTC ratio has also bounced from its lowest levels since 2020, further indicating a structural shift favoring altcoins. Reddit+2BeInCrypto+2KuCoin+2
In summary, while Bitcoin remains a dominant force in the cryptocurrency market, recent developments and market dynamics suggest a growing interest in altcoins. Investors are closely monitoring these trends to assess the potential for continued growth in the broader crypto market.
XRP is in a strong sell zone, with moving averages and oscillators indicating bearish momentum. Support & Resistance Levels: Key Support: $2.05 Key Resistance: $2.35 A breakout above $2.35 could signal a bullish trend, while a drop below $2.05 may lead to further declines. MACD: Currently showing a bullish crossover, suggesting short-term upward momentum. $XRP