‼️$BTC the monthly open played out differently than expected.
Instead of seeing the typical push higher at the start of the month, June has opened with strong downside momentum.
Looking back over the past 10 months, this has only happened twice before. In both cases, BTC went on to correct by at least 25% from the monthly open.
If June follows a similar path, a move into the unswept lows becomes increasingly likely, as a 25% correction from the
monthly open would put BTC near the $55k region...
TOP AI PICKS UPDATE 💞💞💞💞
According to the latest AI scanner, $PORTAL $HOME , $STG ALLO, STRAX, POND, and RIF are showing strong bullish potential with high confidence scores and positive expected moves in the next few hours..............
These coins are currently leading the momentum rankings, making them key tokens to watch...............
As always, smart entries, proper risk management, and disciplined trading remain the key to success.................
Stay focused, stay patient, a...
$ZEC Traders
The weekly chart closed through $600 with conviction. The breakout is real.
Spot cumulative volume delta is positive at $3.65 million. Buyers are absorbing supply directly on exchanges, not through derivatives. The funding rate is slightly negative. Shorts are paying longs, which means the contract market is leaning the wrong way. That combination, spot buying plus short crowding, is the classic setup for a squeeze. If price pushes through $610, the shorts become fuel for the ne...