BTC market update 📊
BTC has accepted above the 60.8k level that capped it all week — but it looks to be entering consolidation. No surprise with a 3-day weekend and US markets closed for July 4th.
Two areas I'm watching from here: 62.8k was 4H resistance last week with significant supply, so likely a big barrier to overcome. On a move lower, I'm watching 60.2k for a reaction.
Quieter, sideways action likely into the holiday. NFA
$SAND / USDT · Perp 🟢
Limit long — looking for a reaction on a retest of this 4H demand + FVG.
Entry: 0.04790 – 0.04860
🎯 0.04909 / 0.04958 / 0.05006 / 0.05104
🛑 SL: 0.04580
Invalid on a break below the SL. Will post how it plays out 👇
NFA
$LINK / USDT · Perp 🟢
Limit long from the 7.45–7.55 zone.
Entry: 7.45 – 7.55
🎯 7.630 / 7.701 / 7.778 / 7.928
🛑 SL: 7.146 (or manual)
Invalid on a break below the SL. Will post how it plays out 👇
NFA
$BTC — on watch 👀
Watching 60.2k as a potential long area. BTC pushed up strong to ~61.7k, and a pullback into 60.2k could offer a spot to look for longs.
Not in yet — waiting to see how price reacts there. Will update if it sets up.
NFA
$ETH — on watch 👀
Just observing for now. The 1,680 area (old 4H resistance/supply) just got flipped, and a cleaner retest of it could offer a spot to try an aggressive long entry.
Not in yet — waiting to see how price behaves on the retest. Will update if it sets up.
NFA
$GRT / USDT · Perp 🟢
Limit long from the 0.01788–0.01794 zone.
Entry: 0.01788 – 0.01794
🎯 0.01812 / 0.01830 / 0.01848 / 0.01884
🛑 SL: 0.01709 (or manual)
Invalid on a break below the SL. Will post how it plays out 👇
NFA
BTC market update 📊
Yesterday BTC reclaimed the 59.5k (Weekly Open) with a strong 4H close, followed by a clean retest before continuation. We did get a 4H close above 60.8k (Monday High) — but it wasn't a strong one, and BTC is struggling to hold it.
Assuming a 4H close back below 60.8k, bulls need 59.5k to hold as support on any further retest. There's also demand closer to 59k (Monday Low), so I don't rule out a retest there today.
NFA
$KSM — TP1 hit ✅
Both entries filled in the 3.105–3.135 zone, first target tagged at 3.073. Partial secured, SL to breakeven — the rest runs risk-free toward TP2–TP4.
+1.51% move on the signal. On my 20x that was +30.2%, but your number is down to your own sizing.
Managing from here 👇 NFA
$97 is interesting — chart's sitting right on that multi-year trendline as support. From a structure view I'd want to see it actually hold and print a higher low here before calling it a gift, not just tag the line. Since MSTR basically trades as leveraged BTC, this level only holds if BTC does too. If BTC loses its own support, MSTR wicks straight through this. Confluence with BTC is the real tell here.
Good framework. The H4 close above trend is there but that H1 200 EMA still holding is the real gatekeeper. From a structure side I'd want to see an actual BOS above the last lower high to confirm — EMA break + market structure shift together is way cleaner than EMA alone. Also that 62K H4 100 MA lines up with a supply zone above, so even if it breaks H1 EMA, that's likely where it gets rejected first. Reclaiming there = trend genuinely flipped.
$ZEN — TP1 hit ✅
Short from 4.0925 tagged the first target at 4.034. Partial secured, SL moved to breakeven — the rest runs risk-free toward TP2–TP4.
+1.43% move on the signal. On my 20x position that was +28.6%, but your number depends on your own sizing.
Managing from here 👇 NFA
$ZEN / USDT · Perp 🔻
Trying a short from the 4.075–4.110 zone.
Entry: 4.075 – 4.110
🎯 4.034 / 3.993 / 3.952 / 3.871
🛑 SL: 4.264 (or manual)
Invalid on a strong reclaim above the SL. Will post how it plays out 👇
NFA
BTC market update — new quarter 📊
Bitcoin still struggling to make any real recovery. Before we can even think about flipping the 60.8k level we've been watching, there's now 4H resistance at 59.5k (Weekly Open).
BTC wicked to new lows yesterday, just below 58k, but gave a fast 3% bounce off it. For now 58k (prev week low) is 4H support — but can't rule out price action dragging us toward 55k soon.
New month, new quarter — let's make it great. 💪
NFA
BTC market update — end of Q2 📊
Yesterday BTC rejected the 60.8k daily resistance again (also the Monday High). After a slow bleed, it's now struggling to hold 59.5k (Weekly Open) as 4H support.
Break below and 58.5k (Monday Low) is the first area to watch for a reaction — potentially 58k (prev week low) below that.
Upside targets are 62.7k and 65k, but only likely once we get consolidation above 60.8k to invalidate the resistance.End of month and Q2 today — expect some volatility.
NFA