TAO has been forming Lower Highs (LH) and Lower Lows (LL) since mid-March, confirming a bearish market structure. 📉
For the trend to turn bullish, buyers need to break this structure. Until then, I don't see a valid buy signal. The current bearish move started from my green zone, with a downside target around $100. 🎯
Right now, TAO is consolidating inside my white box. 📦 As long as this range holds, bulls still have a chance to build a Higher Low (HL). The key question is whether this will become the foundation for a bullish reversal.
📍My trading plan is simple:
🟢 Above $293.5: Wait for a breakout and a successful retest before considering a long position.
🔴 Below $183.1: Wait for a breakdown and retest before considering a short position or staying out of longs.
⚠️ Between $183.1 and $293.5, I prefer to stay patient and avoid new entries. Let the market confirm its direction first.
TAO continues forming lower highs (LH) and lower lows (LL) since mid-March, confirming the market’s ongoing bearish structure. 📉
For the trend to turn bullish, buyers must break this structure. Until that happens, I see no confirmed buy signal. This bearish wave started from the green zone I identified, with a downside target near $100. 🎯
Currently, TAO is moving within a consolidation range (the white box). 📦 As long as the price stays inside this range, buyers still have the chance to form a higher low (HL), which could set the stage for an upward reversal.
📍Simple trading plan:
🟢 If the price breaks above the $293.5 level, wait for a successful retest before considering a buy entry.
🔴 If the $183.1 level breaks, wait for a retest before considering a sell entry—or avoid buy trades.
⚠️ As long as the price moves between $183.1 and $293.5, it’s best to wait and not open any new trades until the market confirms its direction.
Trade wisely, manage your risk well, and good luck! 🚀
🚀 Three green days in a row, and some of the deepest bottom signals in years are flashing.
$BTC is holding firmly above $62,000 📈 On-chain data shows the realized profit/loss ratio just hit a 43-month low — levels last seen around the 2019 and 2022 market bottoms.
$ETH is leading the move ⚡, while $ADA is up nearly 20% this week 🔥
The only catch: it’s July 4th 🇺🇸, volume is thin, and US markets are closed — so nothing is confirmed yet.
Constructive setup overall, but the real test begins when the week opens on Monday 🧭
🚀 Three consecutive green days, and deep bottom signals appear for the first time in years.
$BTC Maintains its trading above the $62,000 level 📈 And the on-chain data shows that the realized profit/loss ratio has reached its lowest level in 43 months — levels previously seen at the bottoms of 2019 and 2022.
$ETH is strongly leading the move ⚡, while $ADA is up by about 20% this week 🔥
But there’s an important point: today, July 4 🇺🇸, liquidity is thin and U.S. markets are closed — so nothing is certain yet.
The overall picture is positive, but the real test begins with the start of the week on Monday 🧭
Every Bitcoin bear market looks different on the surface, but the structure is usually the same.
📉 Sharp dump 🔄 Relief bounce 💥 Final flush that forces most participants out
That’s exactly why I’ve been saying the bottom in 0 is not in yet.
My view hasn’t changed. I still expect a move below $55K, with $52K as the key level 👀. If panic increases, even the $48K–$50K zone is still possible.
At the same time, I’ve already started accumulating Bitcoin ₿ 🟡
I’m not trying to catch the exact bottom because nobody can time it perfectly. If Bitcoin doesn’t give another big dip, waiting for perfection could mean missing the opportunity.
You don’t have to agree with this view. The market will decide.
Every bearish market for Bitcoin looks different on the surface, but the underlying structure is usually the same.
📉 sharp drop 🔄 temporary rebound 💥 final bearish wave that kicks most participants out of the market
That’s why I’m still saying that the bottom 1 has not been confirmed yet.
My view hasn’t changed. I still expect a drop below $55K, with $52K being an important level 👀. And if panic increases in the market, then the $48K–$50K zone is also possible.
At the same time, I’ve already started accumulating Bitcoin ₿ 🟡
I’m not trying to pinpoint the exact bottom because no one can. And if Bitcoin doesn’t give us additional downside, waiting for perfection could mean missing the opportunity.
You don’t have to agree with this opinion—the market will decide.
I'm watching for a potential liquidity hunt around the $83 resistance zone. If $SOL sweeps this level and shows a strong rejection, I’ll consider a short scalp targeting $80.40 🎯
📊 This is strictly a pullback scalping trade — NOT a swing short.
🛑 Risk Management: • Wait for confirmation before entry • Use a tight stop loss • Avoid early entries without confirmation
I’m watching the probability of a liquidity sweep around the 83$ resistance zone. If $SOL breaks through this level (Liquidity Sweep) and then shows a strong rejection, I’ll look for a short scalp sell trade targeting 80.40$ 🎯
📊 This is a corrective scalp trade only — not a swing trade.
🛑 Risk management: • Wait for confirmation before entry • Use a tight stop-loss • Avoid early entry without confirmation
⏳ Patience delivers results — let the market come to us.