Very first analysis of this year . New state of market , Its important to go all through Top Down Approach Analysis , From Zoom out to micro frame Zoom In.
$BTC 3Month ยป Monthly
3-Month Timeframe - Sub 82500 level remain very key pivot for HTF plays. Holding Mar-Apr 25 candle lows . price still in its HL structure . - Usually post aggressive selloff at key HTF pivot , price do range for longer period to build authentic base to validate the HVN (High Value Node) base.
Weekly - Post aggressive selloff , price playing out in the compressed range between sub 87k - 90k . - High volume are more consolidated between sub 87k -90k for 5 weeks. Basically , building the HVN as discussed . - closure of the weekly candle above sub 90k level would be strong bullside signal.
Daily and 4hr - LTF range build , Stops hunted at extreme , Also tons of stops were hunted in 4hrs .. - Just read closely and observe , how those quick inefficient expansive moves were happening while price been moving within the range. - This is most engineered range where max order pairing happen , making it important and key pivot for base. what now - As discussed , will anticipate weekly candle to close above 90k or 94k . - Successive closes of Daily candle will hint the development of the Price.
The real pain isnโt just the huge market crash โ itโs watching thousands of traders who worked day and night lose everything, even on small 2x leverage. ๐
This doesnโt feel randomโฆ it feels like the market was designed to wipe out every long position on altcoins.
If you took a big hit today, remember โ youโve won before, and you can win again. Learn from the loss, stay focused, and come back even stronger. ๐ช
Which new crypto will Binance list this October? ๐ค๐ฅ The countdownโs on โ rumors are flying and traders are watching closely! Could it be a hidden gem ready to moon this month? ๐๐