il Capo of Crypto TA FREE

GM The market is moving accordingly to the analysis. BTC is dumping slowly towards the $57k-$59k target and ETH towards $2700-$2800. If we see bullish signs at those levels, I will flip short-term bullish and add some exposure to altcoins, especially low caps (will share some of them). It will all depend on the reaction there. I say short-term because despite of the possibility of a good bounce from those levels, my main bias remains bearish for the next months. For now, I keep CRO and BNB shorts open and just waiting for this correction to be over before making any other move. Have a blessed weekend!

ZCX/BTC still at support

ETH

GM Same plan for BTC.

Bearish continuation playing out.

SOL Using SOL as an example. It tested the $130-140 support level perfectly and bounced from there. Now what I expect is a retest, forming a higher low. During that move, some altcoins could make a new low. BTC could test the $57k-$59k level with a wick or also form a higher low.

Current situation: The market has been recovering since BTC took part of the liquidity below $60k. Some altcoins made a new low but others didn't. This was expected (see the idea of the replied post and other updates) However, BTC left liquidity at $57k-$59k and the bounce is overextended now. We could expect another retracement, but this move down could not reach new lows, just form a higher low. Whether BTC and the rest of the market makes a new local low or a higher low, after this possible next pullback, it might be a good time to add exposure to the market, especially to low caps. If that happens I will be buying some and will share the setups.

HBAR update It went lower before but just reached the main resistance.

GM Expecting bearish continuation soon.

Shorted BNB as well