$BTC pushed back above the $81K zone today, showing buyers are still stepping in around support.
There’s still an open CME gap sitting near $84K, and price usually tends to revisit those levels when momentum stays intact.
Right now, the key level is $80K as long as BTC holds above it, the structure still leans bullish and a move toward the $84K gap stays on the table.
But if $80K gives way, it changes the tone a bit. We could see a deeper pullback into the $77K–$78K range, where previous li...
Hegseth says ‘ceasefire is not over,’ as tensions rise in Strait of Hormuz 🚨
Iran attacked US forces more than 10 times during ceasefire, top general says, adding it is below "threshold" for restarting combat.
• Strait of Hormuz: US Defense Secretary Pete Hegseth says the US effort to guide vessels out of the Strait of Hormuz is temporary, and “separate and distinct” from ongoing military operations in the region, one day after the US military began operations to guide ships in the waterway. ...
Offshore U.S. dollar deposits in foreign banks have reached a record ~$14.5 trillion, marking a +220% increase from the ~$4.5 trillion held at the start of the century, according to The Kobeissi Letter. This volume, often referred to as Eurodollars, now equals ~43% of U.S. domestic deposits, highlighting unprecedented global demand for the dollar compared to other currencies. $M
Key Data Points:
Record Volume: Offshore dollar deposits hit ~$14.5 trillion.
Rapid Growth: Represents a 220% incr...
🚨 Trendline Break or Fakeout?
‼️$BTC at Critical Level” 82K Zone: The Real Test for Bitcoin”
If you look at Bitcoin on the 8-hour time frame, you’ll notice that BTC is trying to break the trendline but hasn’t succeeded yet.
Even if Bitcoin manages to break the trendline, in my opinion you may still see a wick-type candle, since BTC has already moved up significantly. At the moment, there’s no major news in the market either.
Whether you check the 1-hour, 2-hour, 4-hour, or 8-hour time fram...
This image explains the W Pattern (Double Bottom), a classic bullish reversal setup. Price first breaks support and sells off hard, then forms two clear lows where selling pressure weakens—often confirmed by hammer candles, showing buyers stepping in.
The key moment is the break and close above resistance, which signals a shift in market control from sellers to buyers. The safest entry comes after this breakout with confirmation, while stop-loss is placed below the recent higher low to protect...
May 5 Update:
#Bitcoin ETFs:
1D NetFlow: +6,668 $BTC(+$541.96M)🟢
7D NetFlow: +10,817 $BTC(+$879.26M)🟢
#Ethereum ETFs:
1D NetFlow: +26,480 $ETH(+$63.23M)🟢
7D NetFlow: -3,788 $ETH(-$9.05M)🔴
#Solana ETFs:
1D NetFlow: +41,170 $SOL(+$3.52M)🟢
7D NetFlow: +33,161 $SOL(+$2.84M)🟢
https://x.com/lookonchain/status/2051320339842605376
‼️If $BTC goes to $89K, there’ll be $2B in liquidations — and if it drops to $72K, around $9B gets wiped out.
And honestly, I don’t even have words for why people keep falling into bull traps like the one on the night of October 10. Didn’t anyone learn anything from that?
$SOL is still around $84, $ETH is at $2390, and BNB is still in the $600s. Which coins have actually done a 10x?
Everything is basically at the same levels as when BTC was at $70K — altcoins haven’t really moved.
Trade Smar...
$ETH So far in this rally, ETH has been showing signs of relative weakness. It hasn’t been able to reach the upper boundary of its channel, which is sitting around $2,520.
Each move higher has been capped near $2,420, leaving it about 6% below that channel high while BTC has already tapped the top of its own range around $81K.
At the same time, ETH/BTC is testing an important lower-timeframe support. If that level gives way, and Bitcoin continues higher, it could mean ETH lags even more.
Unle...