🌀 $ETH /$BTC has broken below its 18-month ascending trendline and is now approaching its 8th consecutive weekly red-candle close
For altcoins to regain strength, this pair needs to bounce from here and show a sustained recovery. As long as it stays below the broken trendline, the broader altcoin market will likely remain weak against Bitcoin $AGT
$AIN bears. Current Plan Entry: 0.1293 - 0.1321 Take Profit A: 0.12312 Take Profit B: 0.11706 Cut Loss: 0.13738 Parabolic run hitting a wall; time to fade the overextended pump before the inevitable cooling. Trade the chart here. $AGT
Chicago Fed President Austan Goolsbee calls the latest US inflation report "borderline disturbing"
Goolsbee warned that persistent services inflation and the continued impact of tariffs show price pressures are not easing as expected
Fed Governor Christopher Waller has raised the possibility of a larger 50-basis-point rate hike in December, while Dallas Fed President Lorie Logan has called for two additional 25-basis-point increases
The Federal Reserve's next interest rate decision comes on 9 December $AGT
ONDO's price formed a 4h OB zone near the $0.35 level during its move. If price holds this zone during the correction, it will be the best entry point for a long position. The main upside target is the liquidity at the previous highs above $0.43.
SUI's price has reached the lower support level of $0.8. If it successfully holds above this level as it moves, that will give it the potential to start an upward move. The main target for future growth is the liquidity at the previous highs above $0.95. $AGT
XRP's price continues to show weakness and is approaching the key $1 level. I'm waiting for price to test this level. If it successfully holds it, a new upward move will follow. The main target for future growth is the 4h FVG zone above $1.26. $AGT
Bitcoin ETFs in the U.S. saw $95 million in outflows on November 10, extending their streak of outflows to four consecutive days; ETH ETFs lost $1.32 million on the same day, also extending their streak of outflows to four days.