๐จ ๐๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ $BTC & ๐๐น๐๐ ๐๐ฝ๐ฑ๐ฎ๐๐ฒ ๐จ
A single 1h candle dropped from $114,700 to $110,600, a sharp move of nearly $5K down. This wick filled the lower CME gap + FVG + liquidity zone, which had been building for quite some time within a range. Today, that range finally got completed.
Interestingly, while BTC dumped hard, alts didnโt drop as much. Now, if BTC manages to close the daily candle above $112,600 โ $113,000, we could see a push toward the $120K range. But if it closes below $112K, then further downside is likely โ potentially toward $105K.
Thatโs the nature of a bull run: after strong pumps, one candle can turn the market red, but recovery often comes just as quickly.
Donโt panic โ $ETH was $4700 this morning and now itโs back at $4750, even after hitting a new ATH of $4950.
Cartels and market makers are liquidating longs before pushing ETH above $5000. This is a classic whale game. So, avoid leverage and stick to holding spot positions โ
Now is a great time to accumulate promising altcoins. Once BTC makes a small pump, alts are likely to explode ๐
For investors, this could be a good time to deploy 10% of your capital into strong coins, and if the market dips lower, continue with DCA.
If you like this update thn Hit like button and follow me
$BTC #Write2Earn #rayhanbros $BTC
A single 1h candle dropped from $114,700 to $110,600, a sharp move of nearly $5K down. This wick filled the lower CME gap + FVG + liquidity zone, which had been building for quite some time within a range. Today, that range finally got completed.
Interestingly, while BTC dumped hard, alts didnโt drop as much. Now, if BTC manages to close the daily candle above $112,600 โ $113,000, we could see a push toward the $120K range. But if it closes below $112K, then further downside is likely โ potentially toward $105K.
Thatโs the nature of a bull run: after strong pumps, one candle can turn the market red, but recovery often comes just as quickly.
Donโt panic โ $ETH was $4700 this morning and now itโs back at $4750, even after hitting a new ATH of $4950.
Cartels and market makers are liquidating longs before pushing ETH above $5000. This is a classic whale game. So, avoid leverage and stick to holding spot positions โ
Now is a great time to accumulate promising altcoins. Once BTC makes a small pump, alts are likely to explode ๐
For investors, this could be a good time to deploy 10% of your capital into strong coins, and if the market dips lower, continue with DCA.
If you like this update thn Hit like button and follow me
$BTC #Write2Earn #rayhanbros $BTC