x_sullivan_x

Tonight, things could get pretty volatile for BTC depending on the circumstances.
Not only is there the FOMC, but there’s also a Trump statement at 1:30 before it, which is quite troublesome.

Even if the market has priced in the FOMC to some extent, when the Trump statement brings up topics like “tariffs,” “oil,” “geopolitical risk,” or “pressure on the Fed,” the market’s assumptions can change all at once.

What matters this time isn’t so much the numbers themselves, but whether
“we get a flow that feels reassuring”
or
“a flow that disappoints expectations.”

If the remarks are moderate + within the FOMC expectations, then it’s likely a release from overhang leading to an upside move 📈

If the remarks are hardline + the FOMC is hawkish, then it’s risk-off 📉

1:30 → 3:00 → 3:30
I think tonight is likely to be swung around a lot across these three phases.
Sounds like a night you won’t be able to sleep.

#TRONGlobalFriends #TGF

BTC bounced back from just below 60k and is trying to recover the 1H 200MA and 60MA

However, we’re currently seeing another battle around the 1H 25MA
If BTC can hold the 63k range, in the short term we’d like to see a scene where selling pressure has bottomed out and a rebound continues

On the other hand, Funding is a bit on the high side, and Spot CVD still can’t be said to be strong enough for sure—so chasing price higher from here requires some caution
Resistance above looks heavy around 64.3k–64.7k first
Downside levels are 62.9k, and if it goes deeper, can it hold 62.3k?

Right now, this isn’t a matter of confirming a reversal yet—we need to judge whether the market can continue rebounding from a bottoming-out phase
First, we want to see the recent high of 64,362 break upward decisively

#TRONGlobalFriends #TGF

BTC moved above the 1H25MA once, but is being pushed back below again.

What to watch now is whether it can recover the 1H25MA around 61.9k.
And can it turn the 1H60MA around 62.6k into support?
As long as it can’t break through here, selling on the pullback still looks dominant.

On the downside, potential areas for a short-term bottom are around 60.8k–61.0k.
However, the CVD is still weak, so the strength for buying is limited.
Rather than chasing a rebound, this is a moment to first confirm MA recovery.

#TRONGlobalFriends #TGF

BTC has finally broken above the 1H 25MA in a real (decisive) breakout
From here, we need to see whether the 1H 60MA can be turned into support

In the short term, a rebound structure has started to appear, but above there around 63.8k to 64.3k there are also pullback sell orders and a liquidation zone, so it feels too early to be optimistic

If this level holds, we may see one more pullback higher
If it breaks down, watch for renewed caution around the low 61k range
Right now, we’re at a point to distinguish between whether this is a “reversal initial move” or a “pullback sell point”

#TRONGlobalFriends #TGF

The downtrend is continuing while the upside has been contained in 1H25MA
First, it seems difficult unless the 1H timeframe clearly breaks above this level and turns it into support

#TRONGlobalFriends #TGF

Finally made a lower wick on the 4-hour chart $BTC
Can you hold the weekly 200MA as the final line of defense that hasn’t been broken even once since 2023.10.15?

#TRONGlobalFriends #TGF