Watching $BTC attempt a bounce only to get slammed at the 77.3k resistance with ugly upper wicks gives me the chills for anyone still long. The price action is sliding below both the MA7 and MA25 lines, making it feel like the bears are loading up for a fast flush back to the 74.5k floor.
Watching $ETH struggle to hold the 2.4k level with those shrinking candle bodies under the MA99 tells me the bounce is officially losing steam. The price is losing its grip on the MAs and looking heavy, making it feel like a deep dive back toward the local support floor is loading.
Seeing $BIRB sweep down to 0.27 and immediately reclaim the MA99 level gives me some confidence that the local bottom is in for now. Green candles are starting to print as the price stabilizes above dynamic support, making it feel like the selling pressure is exhausted and a recovery rally is loading.
Seeing $SOL sweep down to 101.8 and immediately produce a sharp rejection wick gives me some confidence that the local bottom is in. The candles are starting to turn green at this key horizontal support, making it feel like the bears are exhausted and a snapback rally is loading.
Watching $ZIL struggle to hold the 0.0072 level with those ugly upper wicks tells me the buying hype is officially cooling off. The price is losing its grip on the MAs and looking heavy, making it feel like a fast slide back toward the local lows is loading.
Seeing $BIRB sweep down to 0.27 and immediately reclaim the MA99 level gives me some confidence that the local bottom is in for now. Green candles are starting to print as the price stabilizes above dynamic support, making it feel like the selling pressure is exhausted and a recovery rally is loading.
Watching $ZIL struggle to hold the 0.0072 level with those ugly upper wicks tells me the buying hype is officially cooling off. The price is losing its grip on the MAs and looking heavy, making it feel like a fast slide back toward the local lows is loading.
Seeing $HYPE break out of its squeeze with those aggressive green candles and clear the 38.4 peak tells me the buyers are in absolute beast mode right now. The price is hugging the steep MA7 on rising volume, making it feel like this rally has plenty of fuel left to reach the higher targets.
Seeing $RIVER stabilize around the 15.0 zone with some minor rejection wicks gives me a bit of confidence that this floor might hold. The selling momentum is clearly fading as candles get smaller, making it feel like we are just one good push away from a relief rally.
Watching Gold $XAU struggle at the 4.88 ceiling with those ugly upper wicks under the MA99 tells me the buying momentum has officially stalled out. The price is losing its grip on the MAs and looking heavy, making it feel like a deep dive back toward the 4.44 floor is just a matter of time.
Watching $XAG struggle to reclaim the 84.4 level with those ugly upper wicks under the MA99 tells me the buying hype is officially cooling off. The price is losing its grip and looking heavy as the MAs flatten out, making it feel like a deep dive back toward the 72.6 floor is loading.
Watching $BTC sweep the 74.5k floor and immediately bounce back tells me the dip buyers are finally stepping in to defend the trend. The price is currently struggling to reclaim the MA7 with shrinking selling volume, making it feel like the bears are exhausted and a snapback rally is loading.
Watching $BTC sweep the 74.5k floor and immediately bounce back tells me the dip buyers are finally stepping in to defend the trend. The price is currently struggling to reclaim the MA7 with shrinking selling volume, making it feel like the bears are exhausted and a snapback rally is loading.
Seeing $ETH sweep the 2.1k floor followed by a quick rejection wick tells me the dip buyers are finally stepping in. The candles are now struggling to reclaim the MA7 after a heavy slide, making it feel like the selling pressure is exhausted and a recovery rally is loading.
Watching $ZAMA bleed out to the 0.0300 floor only to see those immediate rejection wicks gives me some confidence that the worst might be over for now. Candle bodies are shrinking as the price stabilizes at this major support, making it feel like selling pressure is exhausted and a relief rally is loading.
Watching $MEGA struggle at 0.156 with those ugly red candles tells me the buying hype is officially cooling off. The price is losing its grip on the MAs and looking heavy, making it feel like a fast slide back toward the lows is loading.
Watching Silver $XAG struggle to reclaim higher ground only to get rejected at the MA99 with shrinking candle bodies tells me the bounce is officially losing steam. The price action looks incredibly heavy under the MAs, making it feel like a fast slide back toward the 72.6 floor is loading.