Crypto VIP Signal

WAL Analysis : WAL gone into sideways market after the huge dump, price action is messy previously so now we need to see some sort of breakout to happen and there after we can build the position in that direction

Bitcoin Dominance continues to trade within a rising wedge pattern. The price has reached the upper resistance line of this pattern. This level acts as resistance, and we may see a rejection from here. As a result, altcoins are experiencing selling pressure due to the increasing Bitcoin dominance.

Bitcoin has once again tested the resistance area and was rejected. The price is now testing the support area and needs to hold this level; otherwise, things may turn bad. A candle close below the $107,000 level would be bearish.

Persistent selling by long-term holders (LTHs) continues to pressure Bitcoin’s market structure. The LTH Net Position Change has dropped to –104K BTC per month, marking the largest distribution wave since mid-July. This steady sell pressure reflects broader market fatigue, as experienced investors continue realizing profits amid slowing demand and reduced conviction across participants.

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