Elio

Tomorrow morning: 2 AM on 11/12 Vietnam time. There will be a decision on interest rates. However, all issues will be more sensitive with the subsequent FOMC press conference. The market will be somewhat chaotic in the days following. The margin will run: 84867-91255-99113

$BTC
😄😅 should not be considered as investment advice
With a 1d rebound margin, it can reach 1-2 days 88800
{spot}(BTCUSDT)

$BTC with experience of the rule of the red beard.
Then when it goes up, it should be locked for next month or the month after to test the beard and then re-enter when there is a dip
{spot}(BTCUSDT)

Stablecoin reached its highest peak in cycles.
314 billion
There are still 303 billion remaining which may be allocated across chains. The total supply of stablecoins participating in the market (usdt, usde, usdc......)
This increase means that money is flowing into staking... which benefits altcoins by pushing their prices up.
It has decreased by 3.5% approximately 10.5 billion. This means there are about 10 billion stablecoins not participating in the market. It could be that it has been converted to fiat or is sitting in wallets.

If this statistic continues to decline for several weeks from 15%-20%, then a bear market may begin.
If it drops below 250B, it means that people are not participating in the market and may be converting to fiat or fleeing to usdt, usdc for shelter.
Currently, the peak is 314 billion with a slight drop of 10 billion.
If it continues to hold steady at 260B-300B, then it can still swing.
If it goes above 315-318, it may pump.

This is like a bank, guys. Many people deposit money and the bank thrives. But if they continuously withdraw money, the bank becomes poor. (money supply M2)

Currently, ETH and TRON are maintaining their storage amounts. It can be said that TRON is carrying the team. TRON, according to statistics, is held by many in Asia. ==> Asia holds a lot of altcoins.

$BTCDOM this decision is for the upcoming alt.
When btcdom rises, capital flows into $BTC a lot.
When it drops, capital may shift from btc to alt.

So the monthly chart broke 1-2 cycles, which is why btc didn’t surge strongly last time regarding the yield.
Capital flowed into eth, jumping to 4.9xx; all altcoins have peaked already.

Next, this chart on the monthly frame shows that btcdom hasn’t broken the upward trend yet. However, it is caught in a head and shoulders pattern. This means that the cash flow into btc is also challenging to increase significantly because the yield may be lower than alt in the upcoming long term.

According to this btcdom chart, btcdom may continue to break down, leading to alt increasing in the future. In the long run. Because cash flow from btc could flow into alt after a period when btcdom doesn’t rise above the head and shoulders pattern of the monthly chart. After that, the cash flow may move strongly into alt.
So in the long run, alt will increase. Mainly, buying at a good price range is fine and can be held.
Currently, it’s a bit risky because btcdom has broken but alt hasn’t increased. This shows that capital is withdrawing. There is no immediate movement to alt. It’s not always the case that capital withdrawn from btc immediately transfers to alt. Take your time to choose a reasonable entry point.
Still prioritizing top coins because they have concentrated funds that are easy to push.

{spot}(BTCUSDT)
{future}(BTCDOMUSDT)

The sharp turns that prevent small EMAs from cutting down to EMA50 are often the moves that sweep all the liquidity above. So, short traders may need to add more armor. The increase is pressured by BTC, so for now, alts are quite tired.
Thus, in the coming days, BTC may switch and allow alts to rise a little to extract more liquidity to push higher.
The price range where there are no organizations buying is a bit tense.
The plan is quite clear: wanting to sweep liquidations and distribute goods, but there is a lack of FOMO buying from retail traders.
This forces the printing of money or cutting from alts.
The campaign may release DOM for alts into the market to cut back later. Because BTC liquidity is quite better than alts.
If not, more money must be printed.
$BTC breaks through resistance at 107,220, short traders be careful.

Btc.d broke down again in 1h, isn't it disappointing? It's not pulling up again. Let's invest a little to see if it will bounce back, otherwise we will continue to dollar-cost average.

$BTC has returned to standard area 103k8-104k3 as I shared this morning
Anyone who can't catch it just has to accept it🤭

H4 chart:
RSI has diverged at the bottom, the signal line has crossed up and MACD has turned positive, so there is a possibility of a rebound.
Bottom 1 range: 103,068 RSI falls into the range (21.7-22) in the oversold region below 30.
Bottom 2 range: 103,755 RSI escapes the oversold region above 30 around (34-36).

Next is the volume coming in to confirm the rebound. Without incoming volume, it might be a bit tiring.
But the signal line has already indicated that a rebound is coming; it cannot avoid rebounding, mainly needs volume 😄.

If there is incoming volume, the rebound will be real; if there is no volume and the price still rebounds strongly, that is fake.