Everyone is focused on the big caps while $NIGHT is quietly doing this.
We finally found a solid floor at **0.029** and the bounce is actually looking healthy for once. It's been a long downtrend since that **0.053** high, but look at the last few daily candles. We are starting to see higher lows. I'm watching the **0.038** area closely. That's the next real test. If we can clear that with some decent volume, the path back to
**0.045** opens up pretty quickly.
Volume is starting to pick up just a bit. Nothing crazy yet, but it's enough to keep me interested.
Are you guys accumulationg here or waiting for more confirmation? This looks like a classic reversal setup if it holds.
$CHIP USDT (4h) - Pullback Short Bias: Short Entry (Zone): 0.06720 - 0.06810 Targets: TP1: 0.06560 TP2: 0.06450 TP3: 0.06290 Stop Loss: 0.06950 Why this Setup: I'm looking to short the pullback after the sharp impulse up since the price is stalling beneath the recent highs and momentum is cooling off. I want a rejection from the 0.0672 to 0.0681 area for continuation back toward the breakout base and lower support levels.#BlackRockPlansMoneyMarketFundsforStablecoinUsers
currently trading at $78,372. While bulls are eyeing that psychological milestone, the bears are fighting back hard. To finally shatter this resistance, Bitcoin needs a massive real-world catalyst, specifically a surge in Spot ETF inflows or a major tech giant announcing a treasury purchase. These events create the "supply shock" necessary to overwhelm sell
orders.
Currently, the short-term outlook suggests a brief retreat is needed before the next leg up. Analysis shows $BTC is overvalued against the Dollar. Price has tested a key liquidity zone on the 30min-1Hr charts, aligning with bearish order-flow readings.
Fidelity just flagged Bitcoin as undervalued using its Yardstick model (price vs hash rate).
Historically, this zone = accumulation, not distribution. We've spent ~78% of the last 3 months there... that's not random.
But here's the catch - momentum is still negative. Since the $107K top, BTC dropped ~36% and has been chopping between ~$62K- $76K. That's not a breakout, that's a market catching its breath.
On-chain backs the mixed picture. NUPL sits around 0.21 ("hope/fear" zone). Translation: some profit, but no real conviction yet. This is where bottoms form, not where rallies explode.
Now the spicy part Technically, BTC is testing resistance near ~$79K with overbought signals. In bear markets, that's usually a fade. In bull markets? That's strength.
My take? We're in transition. If BTC holds up here and doesn't get rejected hard, this stops being a relief rally... and starts looking like early bull structure