#bitcoin $BTC is getting weaker and might break into the $60Ks again.
It lost a crucial level of support, and by doing that, there's a lot of fear whether or not we'll be seeing any upwards momentum from here.
Notably, I wanted it to sustain above $75,000-76,000, but on a classic Friday afternoon correction, it lost this support area.
That has flipped the thesis slightly for me, as now, breaking back above $76,600 would be a great area for strong upwards momentum, but for now, being conservative makes a lot of sense.
On the other hand: - Corrections on Friday doesn't always align with being a consistent correction. They flip back bullish quite often. - There are multiple #CME gaps above the current price due to the weekend corrections with the highest one being at $79,100.
That said, if Bitcoin doesn't grind back upwards to $76,600+, then there's clearly no argument to assume that we're going to get into new highs and just remaining within this range.
What about altcoins?
I'd prefer to see them bounce back stronger when Bitcoin finds support. Volatility remains super high on them, that's why I'm more aggressive with the profit taking in order to hedge the volatility of my portfolio.
$BTC still looks weak after losing $76.5K Waiting for a relief bounce into $76K–$76.5K before considering shorts. Sell pressure still dominant and liquidity sits below $75K. Direction: SHORT TP1 : $75.2K TP2 : $74.8K TP3 : $73.9K SL: $77.05K Note: Best shorts usually come after the bounce, not after the dump. #Crypto #Bitcoin #BTC
$TON still looks heavy after the breakdown Watching for a relief bounce into $1.86–$1.91 before looking for shorts. Momentum still bearish and liquidity below $1.80 could get swept next. Direction: SHORT TP1 : 1.808 TP2 : 1.775 TP3 : 1.720 SL : 1.95 Note: Don’t chase panic candles let price come back into supply first. #Toncoin #TON #Telegram
$ETH still looks weak after the breakdown Watching for a retrace into $2082–$2100 before considering shorts. Momentum still bearish on 1H and liquidity below 2050 hasn’t been fully cleared yet. Direction: SHORT TP1 : $2053 TP2 : $2020 TP3 : $1980 SL : $2122 Note: Wait for the bounce into supply chasing red candles usually gives bad entries. #Ethereum #ETH #crypto
$BTC still looks weak after losing $76.5K Waiting for a relief bounce into $76K–$76.5K before considering shorts. Sell pressure still dominant and liquidity sits below $75K. Direction: SHORT TP1 : $75.2K TP2 : $74.8K TP3 : $73.9K SL: $77.05K Note: Best shorts usually come after the bounce, not after the dump. #Crypto #Bitcoin #BTC
$SOL still looks heavy after rejection near $88 Watching for a pullback into $85.2–$85.9 before looking for shorts. Momentum still weak on 1H and liquidity sits below current lows. Direction: SHORT TP1 : $84 TP2 : $83.5 TP3 : $82.2 SL: $86.95 Note: Don’t chase dumps wait for the retrace into supply. #solana #sol #Crypto
$ZEC bounce doesn’t look convincing yet 👀 Watching for shorts if price taps back into $605–$618 resistance. Structure still weak after the heavy selloff from $690. Direction: SHORT TP1 : $585 TP2 : $572 TP3 : $548 SL : $632 Note: Relief pumps inside downtrends usually create the best short entries. #zec #crypto #Market
$ASTER sitting in a pretty interesting spot 👀 Looks like the dump cooled off and buyers are trying to hold the $0.66 area. Watching for continuation if momentum comes back above $0.68. Direction: LONG TP1 : $0.688 TP2 : $0.705 TP3 : $0.726 SL : $0.657 Note: Discount entries always beat emotional chasing. #Aster #market #Trending
$HYPE cooling off after the big run 👀 Watching longs around $54.2–$55.1 clean pullback into demand + imbalance fill. As long as $52.7 holds, upside continuation still looks likely. Direction : LONG TP1 : $58 TP2 : $60.8 TP3 : $62.6 SL: $52.7 Note: Best trades come after the shakeout, not the pump. #HYPE #Market #altcoins #Trending
$PEPE looks weak after sweeping highs 👀 Watching for a retrace into 366–372 zone for shorts. 1H structure flipped bearish and liquidity below still untouched. Direction : SHORT TP 1 : 357 TP 2 : 350 TP 3: 342 SL : 380 Note : “Patience on the pullback gives the best RR.”
$LUNC / $USDT (1H) - looks ready for another push up 👀 Waiting for a small dip into $0.0000802–0.0000809 before loading longs. Momentum still bullish on 1H and liquidity is sitting above $0.000084. Direction : LONG TP1 : $0.0000839 TP2 : $0.0000858 TP3 : $0.0000885 SL : $0.0000782 Note : Control your funds.! Buy the retrace, not the breakout.” #LUNC #crypto #trending