The crypto market is highly volatile right now, but key assets like $BTC and $ETH are holding crucial support levels. If we clear the immediate resistance, a massive breakout could be just around the corner! ๐
โMeanwhile, smaller cap gems like $ARIA are showing strong accumulation patterns. This could be the perfect accumulation zone before the next leg up! ๐
โ๐ง Whatโs your strategy right now? 1๏ธโฃ Buying the dip heavily? ๐๏ธ
2๏ธโฃ Holding and watching? ๐
3๏ธโฃ Shorting the market? ๐
โDrop your targets in the comments below! Letโs discuss ๐
๐Short-Term Holders (STH) = Investors who have held BTC for an average of less than 155 days.
๐Realized Profit = The profit actually "locked in" when someone sells or transfers BTC at a current price higher than the original purchase price.
๐Entity-Adjusted = Transfers between wallets belonging to the same individual or entity are excluded to ensure only genuine market transactions are captured.
๐Two forces are simultaneously anchoring the current rally: Buyers who purchased at the cycle top are reducing their losses.
๐Buyers who purchased at the local low are locking in their gains. Both groups are selling amidst the same price recovery.
The Fed will officially announce inflation data today at 8:30 AM ET! If CPI > 4.0% โ The market will dump sharply. If CPI = 3.8% โ 4.0% โ The market may remain flat. If CPI < 3.8% โ The market could see a parabolic move...
The Fed has announced an emergency liquidity injection to prevent a further market crash! ๐ฐ $17.6 billion will be injected into the economy... but amidst fears of an AI bubble and stock market weakness...
Higher liquidity = a short-term bullish signal for risk assets. ๐ All eyes on the market reaction!
๐ Bitcoin is continuing its recovery following the recent sell-off and has moved upwards after establishing a new local low. Although price momentum has entered bullish territory, spot trading volume has dropped by 21.5%, and the spot Cumulative Volume Delta (CVD) has turned negative. This implies that the rally is driven primarily by thin liquidity rather than broad-based buying conviction.
๐ The derivatives market is also sending mixed signals. Perpetual futures traders are still paying a premium for long exposure, indicating constructive sentiment. However, aggressive buy-side volume has declined significantly.
๐ETH QUICK UPDATE ๐งโ๐ปThe Ethereum chart is quite clear now; once the price rises above $1,810, we will open a long position targeting $2050 on the daily chart (refer to the diagram). ๐ดNote:
We have already seen a breakout from a 'Double Bottom' pattern on the ETH 3-day chart; however, we are waiting for confirmation on the daily chart to significantly reduce the risk of loss