$BTC - All major liquidity clusters below have been taken. But obviously the trend remains down and in a trending environment there's no guarantee that any levels left behind are taken out.
But if BTC starts ranging between this $58K-$61K area and were to eventually break towards the upside, that ~$68K area could become a real target to watch for.
But until then, liquidity clusters in a (down) trending environment are not as relevant.$BTC
VVV is showing signs of weakness after failing to sustain momentum above key resistance levels. Sellers are gradually stepping back into the market, while structure favors a short-term rejection move as bearish pressure builds.
A sustained hold below resistance can trigger further downside continuation toward lower scalp targets.
$BTC Has tapped its .618 Fibonacci retracement from the entire bull market cycle. This level has some confluence with the lows from the Summer 2024 consolidation.
Previous cycles often saw some relief in the form of a wick around similar area's. But we do know this cycle has been completely different than any previous one we saw.
So it's a level of interest for me, but I'm also not deploying all my dry powder too quickly while slowly accumulating spot.
“Markets evolve, and what worked in the past may not repeat in the future.”
He’s previously suggested that Bitcoin’s traditional 4-year cycle may not play out the same way going forward, as institutional adoption increases and the market structure continues to mature.
Whether that proves true or not, this cycle is for sure already behaving differently to the last.
$ONDO The chart for ONDO is a little hesitant to reach the Yellow Rejection zone, but that zone is stillv alid.
As long as the chart doesn't produce a lower low below $0.2850, the rejection zone stays valid.
We find a short in that range with confirmation: No Confirmation - No Short.
Confirmation could be anything bearish on the lower timeframe INSIDE that yellow zone, it could be as small as a bearish candle close, and as big as LTF structure shift. Bigger the confirmation, higher the chances of a successful trade.
Price is holding near a key support area with buyers actively defending the current range. Momentum remains constructive on lower timeframes, while recent price action suggests accumulation above support. A sustained hold within the entry zone could attract additional buying pressure and trigger a continuation move toward the outlined resistance levels. As long as $0.0350 holds, bullish continuation remains the higher-probability path.
$DYDX is approaching a key descending trendline resistance after reclaiming its horizontal support zone with strong momentum. A confirmed flip of the trendline into support would strengthen the bullish structure and increase the probability of continuation toward higher levels.
If $DYDX gets rejected at the trendline, a pullback to the reclaimed horizontal support could offer a better long opportunity.