$FIL I was monitoring the behavior and waiting for it to reach the current support precisely, and I said to wait until I confirm that the correction is happening as it is in the charts between the two images, and it did happen, and now the positivity with confirmation of the rise is the price maintaining its stability above this support.
The essential and most important condition for confirming the positivity is the weekly close above this level to ensure the continuation of the upward momentum upwards and avoid any false break.
📊 Are we facing a "bottleneck" before the explosion?
Many observe a state of calm in the market, and some interpret it as boring volatility… But when delving into market movements, completely different signals emerge 👀 🐋 Whale behavior suggests the opposite There is clear absorption of offers (Orders) in the lower areas, especially with stable CVD, indicating smart liquidity entering quietly while fear dominates most traders.
Bollinger Bands ranges have begun to narrow significantly, a classic signal of an accumulation phase that may precede a strong market move. ⚡ Additional technical signal An expected crossover in the TRIX indicator could reinforce the price explosion scenario. 🎯 The most important point Maintaining the 70,000 level with a weekly close remains a decisive factor for the continuation of this scenario. 🌎 Geopolitical changes play an important role and could be the main driver of the next move. #Marketupdate #BTC $BTC $ETH $BNB
$FIL I was monitoring the behavior and waiting for it to reach the current support precisely, and I said to wait until I confirm that the correction is happening as it is in the charts between the two images, and it did happen, and now the positivity with confirmation of the rise is the price maintaining its stability above this support.
The essential and most important condition for confirming the positivity is the weekly close above this level to ensure the continuation of the upward momentum upwards and avoid any false break.
"Bitcoin is moving, but why aren't my coins moving with the same strength?" The answer is Bitcoin dominance.
Current dominance levels (around 58%) are historically good areas to swap part of your Bitcoin positions for strong altcoins like Ethereum and Solana, and projects that generate real returns.
As long as dominance remains above the 56% level, liquidity is still "trapped" within Bitcoin.
What is needed is a clear break below the 55% level with Bitcoin's price stabilizing (moving sideways) for real liquidity to start flowing towards Altcoins.
The indicator is currently around the 34 level, which means we are still in "Bitcoin season."
Historically, the real explosion for altcoins begins when this indicator surpasses the 75 level, but we are currently in a boring "accumulation" zone for altcoins, which is the phase that usually precedes major rallies. $BTC $BNB $ETH
We observe in this chart the evolution of the market value of stablecoins like Tether and USD Coin compared to the price movement of Bitcoin. What does that mean? It means that money has not left the market but is still present, waiting for an entry opportunity.
We continue to monitor these movements, as any price correction is met with a large abundance of liquidity ready to be seized.
The most important levels on the Bitcoin order book are strong selling zones at the top: $75,000 and $76,000. When the price reaches these areas, we will monitor the price reaction and liquidity before making any future technical decisions.
An update on the current status of Bitcoin: if the uptrend line is broken and the price closes below it, we will see the price drop to $65,000 and then $63,700. The most important thing right now is to maintain this uptrend and not let the price close below it.
Good luck guys be careful and keep watcgung ur trades $BTC
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By implementing #SignDigitalSovereignInfra, regional businesses and governments can ensure that their digital assets remain protected and under their own control. This trustless framework is essential for the next wave of economic growth, allowing for seamless tokenization of real-world assets and more efficient cross-border trade.
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The Middle East is rapidly evolving into a global tech hub, and digital sovereignty is the cornerstone of this transformation. By leveraging @SignOfficial, the region is building a robust #SignDigitalSovereignInfra that ensures data integrity and economic independence. As an essential utility, $SIGN powers the secure verification and token distribution needed for sustainable growth in the digital age. This isn't just a project; it's the foundation for a new era of regional prosperity and innovation! 🚀🌍
Briefly, the current price behavior of Ethereum is still in a downward correction phase, and any rise is considered a correction unless the $2,340 level is regained.
The situation in the market for whales and smart money is uncertain. There's no clear advantage for either side, with a slight preference for buyers. Is the market about to explode, or are we facing a new scam from the whales? The numbers seem balanced... but what's happening behind the scenes could completely change the direction in an instant.