The major players are gradually shifting from selling to accumulating. The trend has started to change in a more positive direction, and the sharp sell-off we saw in November is gradually subsiding. At present, almost all whale groups are making systematic purchases. If this momentum continues, Bitcoin could very well soon return to the $100,000 range. Meanwhile, the market is still quite sluggish, with trading volume having plummeted over the weekend. We'll need to wait and see which direction the market will take in the new workweek.
$PIEVERSE just completed the Cup & Handle pattern on the 1H chart – one of the strongest bullish continuation patterns.
The price has broken cleanly through the neckline and is currently retesting the breakout area → this is often a high-probability area to enter a Long position, where smart money returns to confirm the trend.
👉 If the retest holds → the next upward move is likely to explode. This is the kind of trade where being slow means you have to chase the price.
The capitalization of ALT is currently retesting the upward trendline on the weekly frame – the strongest support area since 2023. The RSI has also fallen into the oversold zone, reinforcing the probability of a reversal. As long as the price continues to hold above the trendline, the altcoin market could completely explode with a strong bullish wave across the market.
TOTAL is entering the decisive phase of the growth cycle while firmly maintaining the long-term uptrend channel from 2024. The lower trendline continues to hold the price very well, indicating that large capital has not yet left the market.
After breaking out of the accumulation zone of 2.3–2.7T, the total market capitalization is now directly approaching the upper channel resistance of ~3.2T – a zone where just one more break could lead the market into a strong expansion phase.
Technical signals are supporting: • Volume pumped extremely strong at the bottom, weakening as it hits the top → a sign that the "big players" are still controlling the game. • RSI has not yet reached overbought, meaning there is still significant room for increase.
If it surpasses 3.2T, the market could trigger FOMO capital flow with an expansion target around 3.52T – a confluence area between Fib and historical adjustment peaks. Only when TOTAL breaks below 2.7T does the risk of a deep adjustment to 2T become significant.
$TAG is steadily accumulating in the support zone of 0.00045–0.00047, indicating that buying pressure is actively controlling the market. If the price remains stable and surpasses 0.00048, an uptrend may be triggered with a target expansion to 0.00057. Buy setup $TAG
$RECALL is forming a bullish triangle pattern on the 4H frame, indicating that buying pressure is gradually dominating as the price creates higher lows and approaches the resistance area around 0.395–0.40. If the price decisively breaks out of this area with supporting volume, the next target could be towards 0.48–0.52. Conversely, breaking below the uptrend line around 0.35 will disrupt the short-term bullish structure. Current trend: Accumulation – waiting for a breakout.
When will the "door" of the alt season open? The alt season only begins when no one believes it will come. We need an extremely pessimistic mindset – and now, that has fully formed. So what are influencers saying? 99% predict that the market will adjust to the 84 range. Good! That's exactly what we need. In other words, the general sentiment right now is: "It's still going down, just stay calm and wait." But the crypto market has a very "bad" habit: it always goes against the majority. And if most are leaning towards the bearish side, then according to the "textbook" of market cycles, the next scenario will be: • Growth right where no one believes in it anymore • The alt season begins – just when everyone has given up hope And when that repeats, it will truly be beautiful. Remember: at the beginning of December 2024, I said that a deep correction was coming, while almost everyone was waiting for the alt season to start – and I was right. Now, the market will continue to wear down the crowd's mentality, making many lose patience and leave the game. But those who have a strong mindset, understand how the flow of money operates, will patiently wait with me – and we will welcome the alt season together. I have enough experience in this market to remain unshaken, unafraid – just act according to the plan. — @bosskhoa86
Long-term: The view remains strongly and consistently Long.
In April, I recommended accumulating ETH around the $1,447 range – and up to now, that strategy still provides a distinct advantage.
Medium-term: The trend still leans towards Long.
Previously, whales actively shook off weak investors below the $2,000 range before pushing the price up around $5,000.
Currently, they are repeating a similar pattern – forcing the price below $4,000 to eliminate weak sentiment before targeting the $5,500–6,000 range.
Short-term: Attention is needed on the liquidation zone.
If ETH drops 10%, an estimated $2.6 billion Long positions will be liquidated.
Conversely, if ETH rises 10%, $3.6 billion Short positions will be wiped out.
Considering market sentiment, most investors are still on the wrong side, and that makes the bullish scenario more plausible.
However, we need to closely monitor the inflation data from the United States to be released tomorrow, as this could be an important variable determining the short-term direction of ETH.