GB

*Update*
$BTC : I am on vacation for a week from today so expect to hear less from me during then. BUT my #BTC views are simple. Whilst we hold this value area (VAL) I think we’ll continue to chop inside this range for the remainder of the week.
IF we are going to get another BIG move it’ll likely be towards the downside coming from a loss or acceptance outside this value area. Fresh new lows likely follow. Until then, like I said above, continue chopping inside this area.
Trade safe and see you soon.

$BTC - Maybe some early signs (H1) of potential relief.
Tapped and held VAL ✔️
Reclaiming POC ✔️
Back above 12 EMA ✔️
Next step would be a few candle closures above the 21 EMA. If we get a crossover that’s even more confluence.
Maybe look to trade back to the VAH (75.3k) but it’ll take time, it won’t be in a straight line either. Let’s see. #btc

First $BTC target close (POC) 66.9k.
Looking at current PA and looking at current liquidity looks like we’ll probably bleed straight through.
If that’s the case then I’d be looking at the VAL for next target currently around 65.6k.
But first let’s see what reaction we get at the POC.

$SUI - Brutal full retracement. Now trading at the value area lows. Could be a nice level to level play if $BTC wasn’t endlessly bleeding.
Let’s see.

#TOTAL2 / $ALTS
Nothing good about this chart whatsoever. Looks like a typical relief rally met with a lower high.
Now it looks like we’re beginning to breakdown again with the current trend being reversed.
Stay cautious. Don’t countertrade this current higher time frame trend.

$BTC 🩸
As I suggested earlier, if we found price trading back inside this first value area then the daily 100 MA could be the last line of support until the POC.
For now we have tagged it and bounced slightly. If we end up bleeding through it my next target would be 66.9k (POC)
Bulls now need to at least reclaim 75.5k, and even if they do they still have plenty of work to put in.
Acceptance back inside this VA would mean bears now have even more control.
#btc

I’d remain very cautious trading $BTC and $ALTS at current levels.
Price action continues to look heavily supported, almost as if market makers are attempting to sustain price long enough to build upside liquidity only to eventually take that liquidity and rotate price lower.
Given the broader macro environment, midterms, and ongoing bear market conditions, I currently struggle to see a convincing scenario where price reclaims the 200 MA and sustains a meaningful move higher.
We’re now trading just above a critical support level while already sitting below the monthly open. Under normal market

If you like intraday trading I certainly recommend implementing TPOs into your system.
I posted a video about them on my YouTube. Check it out. 😊

I do believe $BTC and $ALTS want to squeeze higher but whilst we’re under 80.4k the bears are still in control.
Right now we are seeing a struggle in price to get back above the POC and the 12/21 EMA which has now crossed over flipping back bearish.
First step for bulls to regain control would be acceptance back above 78.4k then for full control above the 200 MA.
#btc

$BTC - Key supports not offering much ‘support’. What is happening now does not look good. We are now falling into the previous value area, acceptance back inside here then 60k’s will be inevitable and with the pace we are currently selling, it will come quick. POC around 66.9k.
As you can see this is a big value area that we formed after the last major impulsive move down where we put in the 59.9k low. The only hope for bulls now is that price fails to gain acceptance back inside and we begin trading back above the VAH swiftly. Else the next hope for bulls will be the daily 100 MA currently a

$NEAR is a solid example of how you can still make money in spot / long positions during bear markets. Personally I wouldn’t chase this here though, I’d assume majority of the move is already done.
To squeeze a little more upside from here and to look for profit zones I would look around 2.37- 2.615.
However if $BTC does decide to take out its daily 200 MA for whatever reason then that will change my thesis for Near.

$BTC - no rush for any trades here. You can look for longs if we regain acceptance back above the POC / H4 200 EMA / MA and the SR level, all clustered around 77.9k-78.4k. For shorts I’d be looking a loss of the monthly open / Monday low / VAL.

$ETH desperately trying not to find acceptance back inside its Value Area, because once it does, 1.9k will come quickly after.
I will be paying plenty of attention to price action here monitoring whether or not the VAH holds.
Good short opportunities if it falls back inside.

📚 $BTC
What do you notice here compared to my Friday chart? VAL moved lower .. POC sitting where the VAL was a couple days ago ..
Lower VAL = the market’s entire “fair value” range has shifted lower, showing participants are now accepting significantly lower prices.
POC sitting below the prior day’s VAL signals strong seller control, with the highest volume trading occurring at the lowest edge of the previous balance.

I’m getting early 2025 vibes where everyone started buying the first big drop into support of the year for it to just continue downwards.
$BTC is at a crucial level now.

$BTC
Showing plenty of weakness since that rejection from the daily 200 ema and 200 moving average.
However, we do have some levels aligning together here on the H4. The 200 ema and 200 moving average (h4) lining up perfectly with the value area lows currently around 77.8/9k.
So, if we are going to look for some signs of relief for #btc and the crypto market in general, I would look around those levels.

$BTC
Where is price heading next?
BTC is currently compressed between two key levels that will likely determine the next major move.
Keeping it simple:
-The Daily 200 EMA and MA remain strong resistance.
-The Daily 21 EMA and HTF S/R level are the key support areas protecting BTC from further downside.
Bullish continuation becomes more likely if price can reclaim the EMA and MA and gain acceptance above the current 82k region.
On the other hand, losing the 78.4k–79k range and gaining acceptance below it would likely confirm this as a higher time frame lower high, continuing bearish market str