JCT has pumped more than 216% in 24 hours. After this massive rally, sellers are starting to take control, and price is showing signs of a pullback.
Potential SHORT Setup
* Entry Zone: 0.00920 – 0.00950
* TP1: 0.00850
* TP2: 0.00750
* TP3: 0.00650
* TP4: 0.00550
* TP5: 0.00470
* Stop Loss: 0.01070
Technical Reasons:
* Massive 216% pump.
* Strong rejection from higher levels.
* Consecutive bearish 1H candles.
* Potential profit booking after the sharp rally.
Important: Wait for bearish confirmation before entering. A breakout above 0.01070 invalidates this short idea. This is a high-volatility coin, so use small position sizing. Trade here
Wall Street has been watching $BTC closely, and this chart tells an interesting story.
Over the past four months, Bitcoin has been outperforming the Nasdaq.
Even this week, while Nasdaq took a hard hit, Bitcoin managed to hold around $75,500. It's also outperforming Nasdaq so far this month.
Now, here's what matters:
-The BTC/Nasdaq pair is testing resistance again. -If Bitcoin holds its current support, that's a very bullish sign. -But if it breaks down, we could see another test of the daily MA 200 near $73,240, followed by the weekly MA 200 around $67,760.
Looking at the bigger picture, this structure could take another 6–8 months of sideways movement before the next parabolic rally.
This was one of the craziest weeks we've seen in the markets this year.
US stocks suffered a massive sell-off, Bitcoin lost key support, and Democrats took control of Congress.
Here's everything that happened this week.
1. President Trump lost Congress as Democrats won control of both the House and the Senate.
2. $3 TRILLION was wiped out from US stocks after a House Democrat called for a ban on AI. Markets suffered their worst crash since the 2025 tariff shock.
3. Bitcoin broke below its 50-week moving average and dropped below $75,000 for the first time in nearly 2 months, liquidating $1 BILLION in leveraged positions.
4. Bitcoin ETFs sold $1.28 BILLION worth of BTC, the biggest weekly outflow in 4 months.
5. Democrats are reportedly planning to investigate President Trump's family's crypto businesses after reports claimed they made $2.3 BILLION.
6. House Democrats are reportedly working on a crypto bill that would give the SEC more power over the market.
7. The White House is reviewing a rule that could allow Americans to invest in Bitcoin and crypto through their 401(k) retirement accounts.
8. Coinbase says the incoming Democratic Congress is more PRO-CRYPTO than before.$JCT $BMT $AKE
IDOL has already pumped around 32% in 24 hours. Price is showing rejection near the upper resistance zone, suggesting a possible correction.
Potential Short Trade
* Entry: 0.0322 – 0.0328
* TP1: 0.0300
* TP2: 0.0280
* TP3: 0.0260
* TP4: 0.0245
* TP5: 0.0235
* Stop Loss: 0.0353
Technical Reason:
* Strong pump followed by sideways consolidation.
* Rejection near 0.0340–0.0350 resistance.
* Potential bearish momentum shift.
* A breakdown below 0.0320 could trigger further downside.
Important: Wait for a confirmed 15-minute breakdown below 0.0320 before entering. This is a high-volatility countertrend short, not a confirmed reversal.
My view: A correction toward 0.0280–0.0235 is possible if selling pressure continues.
Reason for Trade: ETH is showing bullish momentum after reclaiming the $2,240 resistance zone. Buyers are attempting to push the price higher, and a successful breakout with a 15-minute candle close above this level could trigger further upside towards $2,251.
Confirmation: Wait for a 15-minute candle close above $2,240 before entering.