PRICE ADJUSTMENT PRESSURE RISES, BTC PULLS BACK TO LOWER SUPPORT ZONE - HEDGING STRATEGY AND DEMAND VALIDATION AT KEY LEVEL!
🟣 BTC: The short-term correction trend continues to widen as selling pressure significantly increases at the start of the week, pushing the price down to the $76,923.17 mark (-1.57%). The continuous breaking of short-term support levels indicates that the Bears are currently dominating the Momentum. Right now, BTC is entering a deep accumulation liquidity range to seek more sustainable demand to halt the downtrend.
🟣 Altcoin: Red is overwhelmingly dominant across the board, reflecting rising risk-averse sentiment. Among the large-cap group, ETH (-3.05%) suffers the most significant decline, dragging down SOL (-2.25%), BNB (-1.82%), and XRP (-1.69%). A rare local bright spot appears with HYPE (+7.63%) and TRX (+0.64%) thanks to their own cash flow supporting the price structure.
🟣 Dominance: Continues to hold high at 60.18%. The unchanged dominance ratio amid significant price drops indicates a net capital outflow occurring throughout the market; however, the Altcoin group is still suffering more due to thin liquidity structure.
🔹 ANALYSIS & STRATEGY
🟣 General Situation: The market is undergoing a large-scale shakeout (Deep Shake-out) to completely relieve the pressure from old leverage. The medium to long-term bullish trend structure is being severely challenged and requires a strong pullback response at deeper Key Levels to confirm a short-term bottom.
🟣 Strategy:
Spot Position: Shift the portfolio to a maximum defensive state. Minimize using up the entire cash reserve (U) to catch the bottom too early without a confirming reversal candle. Continue to prioritize holding those coins that show good Relative Strength in the storm, like TRX.
Trade Position: Absolutely avoid opening any additional Long positions in the floating zones. Be patient and observe the response to testing the demand strength at the hard support levels below $76k before setting up a new trading plan.
————————
Note:
✅ All information is for reference and experience sharing purposes only, not investment advice.
✅ Investors are responsible for all their financial decisions and comply with the laws of their respective countries.
#caex #news #trading #trending #crypto #assets
