🚨 LTF Market Update: Longs Cautious — Key Levels for $BTC & USDT.D 📉
This is a Short-Term (LTF) Market Update. We are highlighting crucial factors for future traders and scalpers in the current volatile environment.
⚠️ USDT Dominance Analysis (LTF)
The USDT Dominance chart suggests that Long positions are currently very cautious.
Bullish for USDT.D (Bearish for Crypto): If the 6.02% level holds as support, we are looking for a pump in USDT.D up to 6.1%. (This implies capital moving out of the crypto market.)
Action Plan: Exercise caution as long as 6.02% remains intact.
📊 Bitcoin ($BTC) Key Levels
Bitcoin's price action is currently locked in a critical range:
Bearish Confirmation: If $BTC closes the range below $90.9K, it confirms a bearish bias, potentially targeting $89.7K or $88.9K.
Reversal Zone: We will watch for a reversal and next moves based on the reaction at the $89.7K / $88.9K support zone.
🛑 Trading Advisory: Safety First
Given the current market uncertainty:
Safe Players: It is advisable for safe players to remain sidelined right now.
Avoid: Strictly avoid Long scalps in this immediate range.
✅ When to Re-Enter Longs / Spot Scalps?
Only Bullish Above: $BTC moving and sustaining a close above $91.9K is the only signal for bullish re-entry on longs and spot scalps.
Disclaimer: This is a short-term analysis and not financial advice. Always use stop-loss and do your own research (DYOR).
#bitcoin #BTCPrediction #CryptoTrading. #MarketAnalysis #USDTdominance
