Until we begin to breakdown, Crypto isn't going to begin to moon. We still have some highs to take out so this is why i do expect some downside still on Crypto and Bitcoin.
$BTC Good rejection from the AVWAP followed by an ABC rejection. I would argue this weekend we see more downside. Liquidity sits below us, and i would argue below $71,400 this downside would accelerate.
We held that low yesterday so this was not a short entry. Now i am looking for us to flip $2145 and then $2180 for the continuation up. We are at resistance now so no entry currently.
$JTO 📊⚠️🔺 🎯 SOL pair reclaim of 0.0034 is the trigger. Without it, the USDT pair move stays limited.
JTO is a Solana-native MEV and liquid staking protocol, so the natural pair to track strength against is SOL, not BTC, though you can track it against BTC as well if the aim is to see the overall health of it.
On the USDT pair, the RSI trendline is close to breaking upward, which looks promising on the surface. But the SOL pair tells a more cautious story. The bounce from POC is there, but it's thin, no divergence, no clear momentum behind it.
The level that changes everything is 0.0034 on the SOL pair which is VAH for that profile. If that gets reclaimed and holds, strength translates directly into the USDT pair. If it doesn't, the USDT pair move stays shallow and corrective.
#Jito Foundation acquired and relaunched SolanaFloor two days ago, signaling active ecosystem investment at a time when the chart is sitting at a key decision level.