🚨 Can $BTC dump to $55K today?
Maybe not today.
But I still believe the real bottom is below $55K.
The reason is simple: every bounce is getting weaker. Bitcoin lost its rising channel, lost the 200 MA, and previous support has now turned into resistance.
Most traders get trapped because they think a $1,000-$2,000 bounce means the trend has changed. It doesn’t. A trend changes when resistance gets reclaimed and buyers can hold it. So far, every recovery has been sold faster than the previou...
#Ethereum Is Holding a Key Support Zone – Bulls Still Have a Chance.......
$ETH is currently trading around $1,580, holding above a strong demand zone between $1,510-$1,530. Buyers have defended this area multiple times, making it the most important support to watch.
Key Levels
Buying Zone: $1,530-$1,560 (on bullish confirmation)
Support: $1,510-$1,530
Resistance 1: $1,650-$1,670
Resistance 2 (Take Profit Zone): $1,760-$1,780
My View
As long as ETH remains above the $1,510-$1,530 suppor...