$BTC
We made a new attempt to break the $90K level right at the weekly opening, although prices rose very quickly... we couldn't surpass the yellow resistance zone on the chart, and this failure brought us back to the $86.6K region, which is also an area of interest.
The game remains the same here, and the next 4 hours will be essential for the BULLS, as keeping the price above $86.6K will give us strength to attack the $90K level again.
Both sides are still being hunted, but now we are seeing fewer liquidations (BOTH SIDES ARE RUNNING OUT OF MONEY hahahah), since $103M in shorts were liquidated and shortly thereafter $40M in longs were liquidated. Note that the previous liquidations were larger with the same movement.
Big whales have been buying whenever Bitcoin approaches $84K, so we still have good support in that region, and they should act soon, especially if retail shows weakness here.
Our dear Saylor bought 1,229 Bitcoins yesterday, he is the true BULL, we know that.
Even with the rapid drop of BTC, ETH is still holding up reasonably well, and after the whale PENSION closed its SHORT position in ETH (with a loss of $3.4M)... it facilitated prices to remain stronger and we have a good chart over there. This directly helps Altcoins to remain more stable.
It is true that we started the week with high volatility, but we didn't expect it to be different, right?!
Nothing has changed, and the levels are the same, and until one of the sides gives up, the thinking should remain the same, and TRADERs should position themselves at the extremes.
- Recover the $90K, and then we will be ready to go to $98K and we will have a better definition of the next steps for 2026.
I wish EVERYONE a great week, full of successes and good profits.