I see him trying to reach 110k for the second time before correcting.
Personal decision: highly volatile, uncertain market. Wait for a clearer movement before entering a long or short.
Subjective: bearish. with the opportunity to open longs around 90k-95k, but with caution.
Upcoming fundamentals: tariff regulation in a few months or weeks.
maikMart
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$BTC we could be right at the ceiling of the end of the cycle. If the daily candle closes in red with that absorption candle. ( Bearish pinbar ) We will see it at 90K next month
well, for there to be altseason $BTC it must drop... i hope it holds like this for another month 😸
RDF6984
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$BTC to drop?
I have been watching this chart for the past couple of days and it has already started dropping. looking at this chart historically double tops are followed by a hard drop. of course no one knows what the market is going to do but my gut feeling is that it is going to dump and hard too. Going to stay out of $BTC and wait for the correction. Based on what I saw previously on this chart, it could drop all the way to 65k. If that happens ALTs going to drop massively too. Earlier this year ALTs dropped more than 60% , might be the last chance before crypto on a whole makes an all time high.
I couldn't say that "it starts tomorrow" But it is true that a bullish phase is coming for many altcoins. However, from my analysis, $BTC has to drop to a minimum of 59% dominance. Additionally, a drop above 8% in BTC would create a dragging effect on the entire market, so be careful with leverage and liquidations.
Raheel Altaf
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The biggest Altseason in history starts TOMORROW!
In 2021 it happened after $BTC 8% drop. History repeats.
Last cycle, I turned $243 into $314,830 with right alts!
place your bets hehe... I say that in the next hour a final red spinner will be marked, and then it will start to correct. But, how strong? Will it keep rising for the rest of the week? And if it falls, how fast will it do so?
I am optimistic about a bearish scenario. I don't think it would be strange to see #ETH at 1800 again, at least briefly once during the rest of the month 🙂
Everyone is talking about the altseason, when a month ago they were panicking 😒... early this year I said that a bullish season was expected for $ETH $ADA $SOL and other cryptocurrencies. I really don't know if I would call it #altsesaon , but well. My opinion on it is to not get carried away, do your own analysis coldly and based on objective data. Don't expect a season like previous years, only the most solid projects will have a "bullrun", and each cycle will look more fragmented and stratified these "altseasons" to the point that there will come a time when it can no longer be talked about as such (regardless of macroeconomic cycles of assets).
In short, just that. When will this bullish cycle start? Earlier this year I predicted it would begin between June-August... Now, with clearer data, I could say it will probably start between the end of next month and the beginning of August... marked by the loss of dominance of BITCOIN. I can't predict the exact behavior of any asset, but it will surely also be marked by the consolidation of a temporary floor of ETH above 2100, towards a maximum of between 3500-4000, even 5000, marking a new all-time high (less likely scenario). Have fun 🙂
#WhiteHouseCryptoSummit The most important bullish fundamental for this cycle. But why doesn't it correspond with market movements? Big investors will not let retail come looking for easy money in the market; they will take advantage of the fomo and then the fear to take all that money. People expect to have everything served on a platter: to be told when to buy, when to sell, at what prices, and only have positive news to act on. If the United States under the leadership of Donald Trump wants to build a reserve, it will do so by buying at the cheapest possible prices. If you expect Trump to tell you when he buys so you can do it too, you will only be manipulated (again).
In conclusion, patience and do not let yourself be carried away by the fomo or fear they may instill. The crypto market has demonstrated very strong manipulations in recent months that seek to eradicate all retail. Those who are in the most danger: all those leveraged, even with low leverage will come for you. Position yourself at good prices in spot and do not despair about selling if prices continue to fall, patience. I remain bullish in the long term. Everything that goes up must come down, and everything that goes down must go up (well, almost always...).