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Positive capital inflow means new demand absorbs long-term investor profit-taking 📈💰. Long-Term Holder SOPR at 1.43, showing shrinking profit margins like Q1 2022 📉⚡️.
Demand stronger than early 2022 but liquidity declining 📊. Bulls must hold above True Market Mean until new demand enters 🎯👀💼.
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❗️New signal❗️
🤑
⚡️LONG :
💪 Leverage: X25
✅ Entry price: 0.5828
❌ Stop loss:
❗️Roll the dice and take a piece of the 6,000,000 USDT prize pool!
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#BTC WEEKLY TF UPDATE :
#BTC is Weekly TF, again forming an indecisive candlestick and maintaining the sideways market. Still, i have a bearish scenario, can drop for a wick fill now. Be alert with Monday Market Open, and plan fresh position after breakout.
"Major FUD marks the bottom."
➺ We had Saylor FUD, China FUD, Tether FUD and Quantum FUD
"Extreme Fear marks the bottom."
➺ We have been in the "fear" zone for 7 weeks now.
"Liquidity reversal marks the bottom."
➺ Global liquidity is almost a new ATH again.
➺ Fed and Treasury is pumping liquidity in the markets.
"Extreme selling marks the bottom."
➺ BTC weekly RSI at 3-year low.
➺ ETH 2W RSI at bear market bottom.
Looking at every metric, a relief rally should happen now.
Entry : Market + 0.5%
Target : $0.35 - $0.38 - $0.4 - $0.5
Stoploss below $0.28
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#ETH dropped as per the call, gone straight towards the support zone at $2760 - $2990. Price is being consolidated between these zones and its a good zone for scalping. Alternatively, you can wait for the breakout in HTF and get in positions.
Market today …… Good time to trade Alts with good chart 😚
