💥 $BTC Alert: Coinbase premium steady since recovery, strong ETF inflows aligning with price. But remember, if inflows fail to push price higher, it's a local top. Don't get caught holding the bag. Stay vigilant.
$BTC is attempting a breakout. But mark my words, don't chase it now. We've been here before. Wait for a weekly close above the range. That's the signal you need before committing. Until then, patience is the key.
Ecosystem's Holy Trinity is on the move! $Useless : ✅ ATH reached' $Ikun : ✅ ATH reached $Hosico : 🔥 On the verge of its ATH - it's not long now! Which one is your favorite $BONK eco token? 💥
Weekly: Fakeout or Double Bottom? Low volume breakout, but stoch crossing up. 4H shows retest at Fibbo & Monday Equal. Long weekend ahead, play spot if you dare. NFA, DYOR.
📊 $SUI vs $BTC – Phase of Compression, Not Capitulation Bias: Cautiously Bullish Setup: Potential reversal zone Timeframe: 1D
🔍 What the Chart Says: 📉 From Euphoria to Oblivion
SUI had a parabolic run (late 2024) peaking hard, followed by clean breakdowns from BE-OB zones and MSB invalidations—classic sign of distribution turning into markdown.
🟩 Double Demand + Order Block Now price is sitting on a critical demand cluster, marked by: 🟢 Demand zone + OB confluence (green box) ✅ Several bullish engulfings (BE) confirming buyer defense 📉 Downtrend momentum losing steam This is not random—it's structured defense after 2 MSBs back-to-back.
📈 Higher Lows Forming (Micro) We may be forming a higher low inside the green OB. That's your risk-managed long setup.
🧠 Interpretation & Playbook: 🔸 Short-term view (Swing/Spot): This is where you bet on mean reversion. A short-term rally toward the Be-OB zone at ~40–50% range is in play.
🔸 Mid-term view: You don’t flip macro bullish until SUIBTC reclaims the 50–60% zone and breaks last MSB high. Until then, it’s just a rebound, not reversal.
🔸 BTC pair logic: As BTC.D likely topped recently, SUI and other L1s can rotate up. BTC flat = alts bounce.
✅ TL;DR: This ain’t the bottom of the cycle, but it looks like the bottom of the current move.
Enter cautiously here with a tight stop. Target the first red OB — ride the bounce, don’t marry the pump.
– Breakdown After Breakdown Trend: Down-only since May 2023 Structure: Still bearish Bias: Short-term bounce → Sell the rip
🔍 What the Chart Says: 🔻 Dominant Downtrend
ENABTC has been trapped in a consistent lower high, lower low structure. Multiple MSBs (Market Structure Breaks) to the downside confirm bearish control.
🟥 Supply Zones = Kill Zones The red zones on top (marked BE/BE-Q) acted as brutal rejection points over and over again. Each visit to that area has led to sharp sell-offs. No reclaim = No reversal.
💥 Demand Weak, Rebounds Faded Even when there were demand attempts (D/BE), they barely triggered anything sustainable. Only one good bounce in early Oct 2024. Everything else got nuked.
📉 Most Recent Zone: DD + BE We’re seeing a Double Demand (DD) area at the bottom now, where price just printed a small bullish engulfing (BE). Historically, this has led to short-term relief rallies—but nothing major.
🧠 Interpretation & Playbook: 🔸 Short-term traders: Expect a bounce. But don’t overstay. Sell around the next BE/OB supply zone if price rallies.
🔸 Swing traders/investors: Stay out unless ENABTC reclaims major MSB zones and invalidates this multi-month downtrend. Right now, it's still distribution → not reversal.
🔸 BTC pair implications: You’re better off holding BTC in this phase. Wait for BTC.D to cool off + macro alt rotation signs before considering heavy alt exposure like ENA.
✅ TL;DR: Downtrend still intact. This bounce is likely another exit pump unless we see real structural change.
We’ve been bleeding inside this Descending Channel since Dec 2021. That’s 3.5 years of underperformance vs. Bitcoin. Brutal. 📉
Last rebound?
🟢 Oct–Dec 2023: bounced hard from bottom → top of channel → exit pump rejected at 0.618 Fib.
Fast forward to now: 🔻 Sitting right at the bottom of the channel again 🔻 $BTC .D near cycle top 🔻 Altcoin sentiment is trash
But here’s the thing: This setup rhymes. Structurally, it screams: exit pump coming soon. Not forever bullish — just a temporary relief. 📈 Expectation: AVAX/BTC revisits top of the channel in coming months.
🧠 Strategy: • Rotate from BTC → AVAX short-term (trade the pump) • Re-assess near resistance — don’t marry the bag
This is a sell-the-rip, not hold-forever play. Unless we break out — then it’s a whole new game.