1. BTC failed to reclaim the $83–83.5k supply zone. It put in a lower high around $84k and rolled over, so the bias stays bearish while price is below that zone.
2. On the PPI print, BTC swept the previous week’s low (~$80.4k) and wicked to ~$79.8k. It then reclaimed straight back above the range low and the 0.5 (~$81.2k). That’s a deviation and reclaim: the move took out the longs’ stops and the late shorts got trapped.
3. Price is now rejecting at the local high (~$82.6k), just under $83k. A 4H close above $83k opens up the nPOC at ~$85.6k. Losing $81.2k puts the previous week’s low back in play.
We could see a very last move towards $BTC $88k-89k before full reversal.
In any case, the view remains that every move over $80k is a bull trap, and we should see a retracement towards $60k levels again, with alts dropping 30%-50%.
$ADA is showing strong momentum on the 1H chart, pushing up to around $0.274 after breaking out of its previous range.
The key area I’m watching now is $0.255–$0.260. If price pulls back into this zone and holds it as support, the current structure could set up for another move toward $0.280 and potentially higher.
For me, the main thing is simple: watch how ADA reacts at the marked support zone. A strong hold keeps the bullish setup interesting. $GTC $XRP
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$SOL needs to hold here price is cooling after the $125 rejection. i'm watching $115-$117 closely hold it and another bounce is possible; lose it and the correction can go deeper. $MOVR $SCR
$ZEC is pulling back into the level I'm watching. After pushing above $1,650, ZEC has started to retrace and is now approaching the $1,530-$1,570 demand zone marked on the chart. If this zone holds and buyers step back in, I'd be watching for a reclaim of $1,600-$1,650, with the chart pointing toward a possible move around $1,700.
Watch the reaction at support before chasing the move.