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#TAO against #BTC remains under pressure. Structure keeps weakening and LTFs just broke down from consolidation. All eyes now on the trendline thatās where bulls must respond.
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NFP Today in few hours... Expect Volatility !!!
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Trading volume just fell off a cliff. Over the last 24 hours, crypto markets saw double-digit volume drops across the board: ⢠$BTC : ā61% ⢠$ETH : ā54% Most assets are bleeding activity⦠$BNB stands out as the outlier, posting a +24% jump in volume. When participation dries up like this, the next move usually isnāt far away.
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Spot volumes are collapsing ā and thatās not always bearish. Bitfinex data shows crypto spot volume down 66% from January highs. Historically, this kind of slowdown often shows up before the next leg of the cycle. ⢠30D spot volume slid from $500B+ to around $250B ⢠The $300ā350B activity range failed to hold ⢠Multiple sessions dipped near $200B, levels we havenāt seen in months At the same time, $BTC is compressing between $89Kā$92K. Quiet markets usually move⦠right when most people stop paying attention.
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$SOL DAILY Don't let LTF chop distract you from the big picture HTF falling wedge loading the breakout
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