🌈 Macro View: Bitcoin Rainbow Chart Current Price: $87,134
Despite the price tag, the logarithmic growth curves indicate we are currently in the Light Blue Zone ($83k - $113k). Historically, these lower bands represent a strong "Accumulation" phase rather than a bubble territory.
The Crypto Fear & Greed Index has reset to 42 (Neutral).
After a period of extreme volatility and fear, the market is finding equilibrium. A shift to "Neutral" often signals a critical accumulation phase before the next major trend decision. Stay sharp. 🧠📉
Capital is flowing back into risk assets. Bitcoin continues to lead with dominance, while the "Others" category (Altcoins) shows the strongest daily growth at +1.36%.
After a solid accumulation phase, we are seeing a massive vertical breakout on the Daily timeframe. Currently up +11% in the last 24h, trading at 0.0007910.
We are seeing some resistance at the highs (0.00087 range), but the rounding bottom structure looks incredibly strong.
Is this the start of the next leg up? Watch for a flip of this level! 🚀
The daily structure is shifting with a solid recovery from the lows. Momentum is building with price up +10% today. Looking for a continuation to the local supply zone.
📉 The Setup: • Entry: Current Market (0.049xx) • Target (TP): $0.0535 • Stop Loss (SL): $0.0446